Baldwin Wealth Partners LLC MA Lowers Stake in Hingham Institution for Savings (NASDAQ:HIFS)

Baldwin Wealth Partners LLC MA trimmed its holdings in Hingham Institution for Savings (NASDAQ:HIFS) by 14.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,238 shares of the savings and loans company’s stock after selling 866 shares during the period. Baldwin Wealth Partners LLC MA’s holdings in Hingham Institution for Savings were worth $1,331,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. AQR Capital Management LLC lifted its position in Hingham Institution for Savings by 1.1% during the 2nd quarter. AQR Capital Management LLC now owns 4,719 shares of the savings and loans company’s stock worth $844,000 after acquiring an additional 51 shares in the last quarter. FMR LLC increased its holdings in shares of Hingham Institution for Savings by 27.0% during the third quarter. FMR LLC now owns 419 shares of the savings and loans company’s stock valued at $102,000 after purchasing an additional 89 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Hingham Institution for Savings by 3.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,527 shares of the savings and loans company’s stock worth $1,101,000 after purchasing an additional 137 shares during the period. SG Americas Securities LLC grew its stake in shares of Hingham Institution for Savings by 19.8% in the 4th quarter. SG Americas Securities LLC now owns 1,223 shares of the savings and loans company’s stock worth $311,000 after purchasing an additional 202 shares during the last quarter. Finally, Copeland Capital Management LLC acquired a new position in shares of Hingham Institution for Savings in the 3rd quarter worth $61,000. 49.33% of the stock is owned by hedge funds and other institutional investors.

Hingham Institution for Savings Trading Up 2.2 %

NASDAQ:HIFS opened at $260.52 on Monday. The company has a market capitalization of $560.12 million, a P/E ratio of 20.11 and a beta of 1.02. The stock’s 50 day moving average price is $262.40 and its 200 day moving average price is $251.64. The company has a debt-to-equity ratio of 3.63, a quick ratio of 1.57 and a current ratio of 1.57. Hingham Institution for Savings has a 52 week low of $150.11 and a 52 week high of $300.00.

Hingham Institution for Savings (NASDAQ:HIFS) last issued its quarterly earnings data on Friday, January 17th. The savings and loans company reported $2.16 EPS for the quarter. Hingham Institution for Savings had a return on equity of 2.95% and a net margin of 12.97%.

Hingham Institution for Savings Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Monday, January 6th were given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend was Monday, January 6th. Hingham Institution for Savings’s dividend payout ratio (DPR) is currently 19.64%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Hingham Institution for Savings from a “sell” rating to a “hold” rating in a report on Monday, January 13th.

Hingham Institution for Savings Company Profile

Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States. It offers savings, checking, money market, demand, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company provides commercial and residential real estate, construction, home equity, commercial, consumer, and mortgage loans.