Copeland Capital Management LLC Trims Position in Hingham Institution for Savings (NASDAQ:HIFS)

Copeland Capital Management LLC lessened its holdings in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 46.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 134 shares of the savings and loans company’s stock after selling 117 shares during the period. Copeland Capital Management LLC’s holdings in Hingham Institution for Savings were worth $34,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. AQR Capital Management LLC raised its holdings in Hingham Institution for Savings by 1.1% in the 2nd quarter. AQR Capital Management LLC now owns 4,719 shares of the savings and loans company’s stock worth $844,000 after purchasing an additional 51 shares in the last quarter. SG Americas Securities LLC bought a new position in Hingham Institution for Savings in the third quarter worth about $248,000. Creative Planning lifted its holdings in Hingham Institution for Savings by 26.3% in the third quarter. Creative Planning now owns 1,914 shares of the savings and loans company’s stock worth $466,000 after buying an additional 399 shares during the period. International Assets Investment Management LLC raised its position in shares of Hingham Institution for Savings by 24,231.0% in the 3rd quarter. International Assets Investment Management LLC now owns 437,958 shares of the savings and loans company’s stock worth $1,065,600,000 after acquiring an additional 436,158 shares in the last quarter. Finally, GSA Capital Partners LLP boosted its position in shares of Hingham Institution for Savings by 23.7% during the third quarter. GSA Capital Partners LLP now owns 3,263 shares of the savings and loans company’s stock valued at $794,000 after purchasing an additional 625 shares in the last quarter. Hedge funds and other institutional investors own 49.33% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Hingham Institution for Savings Stock Performance

Hingham Institution for Savings stock opened at $255.25 on Monday. Hingham Institution for Savings has a twelve month low of $150.11 and a twelve month high of $300.00. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.63. The company has a market capitalization of $548.02 million, a P/E ratio of 19.89 and a beta of 1.02. The stock’s 50 day moving average is $260.82 and its 200 day moving average is $253.18.

Hingham Institution for Savings (NASDAQ:HIFS) last released its earnings results 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 company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Monday, January 6th were paid a dividend of $0.63 per share. The ex-dividend date of this dividend was Monday, January 6th. This represents a $2.52 dividend on an annualized basis and a yield of 0.99%. Hingham Institution for Savings’s dividend payout ratio is currently 19.64%.

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.