Aptus Capital Advisors LLC Purchases 1,886 Shares of Hingham Institution for Savings (NASDAQ:HIFS)

Aptus Capital Advisors LLC grew its position in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 15.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,347 shares of the savings and loans company’s stock after purchasing an additional 1,886 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Hingham Institution for Savings were worth $3,491,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. AQR Capital Management LLC grew 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 during the last quarter. Rhumbline Advisers grew its position in Hingham Institution for Savings by 4.0% during the 2nd quarter. Rhumbline Advisers now owns 2,350 shares of the savings and loans company’s stock worth $420,000 after acquiring an additional 90 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Hingham Institution for Savings by 8.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,286 shares of the savings and loans company’s stock worth $225,000 after acquiring an additional 101 shares during the last quarter. Copeland Capital Management LLC bought a new position in Hingham Institution for Savings during the 3rd quarter worth approximately $61,000. Finally, Creative Planning grew its position in Hingham Institution for Savings by 26.3% during the 3rd quarter. Creative Planning now owns 1,914 shares of the savings and loans company’s stock worth $466,000 after acquiring an additional 399 shares during the last quarter. 49.33% of the stock is currently owned by institutional investors.

Hingham Institution for Savings Price Performance

HIFS opened at $285.02 on Thursday. The stock’s 50 day simple moving average is $252.89 and its 200 day simple moving average is $218.71. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.62 and a quick ratio of 1.62. Hingham Institution for Savings has a 1 year low of $150.11 and a 1 year high of $300.00. The firm has a market cap of $612.79 million, a price-to-earnings ratio of 27.90 and a beta of 0.99.

Hingham Institution for Savings (NASDAQ:HIFS) last issued its quarterly earnings data on Friday, October 11th. The savings and loans company reported $1.44 earnings per share for the quarter. The firm had revenue of $15.21 million for the quarter. Hingham Institution for Savings had a return on equity of 2.28% and a net margin of 10.95%.

Hingham Institution for Savings Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 13th. Stockholders of record on Monday, November 4th were given a $0.63 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.88%. Hingham Institution for Savings’s dividend payout ratio is currently 23.86%.

Hingham Institution for Savings 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.