Clean Yield Group Has $658,000 Holdings in Hingham Institution for Savings (NASDAQ:HIFS)

Clean Yield Group decreased its stake in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 26.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,590 shares of the savings and loans company’s stock after selling 919 shares during the period. Clean Yield Group’s holdings in Hingham Institution for Savings were worth $658,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Copeland Capital Management LLC bought a new stake in Hingham Institution for Savings during the third quarter worth approximately $61,000. FMR LLC lifted its stake in shares of Hingham Institution for Savings by 27.0% in the third quarter. FMR LLC now owns 419 shares of the savings and loans company’s stock worth $102,000 after buying an additional 89 shares during the last quarter. Wallace Capital Management Inc. acquired a new position in Hingham Institution for Savings in the 3rd quarter valued at $219,000. Quantbot Technologies LP lifted its position in Hingham Institution for Savings by 49.1% during the 3rd quarter. Quantbot Technologies LP now owns 950 shares of the savings and loans company’s stock worth $231,000 after acquiring an additional 313 shares during the last quarter. Finally, Oppenheimer & Co. Inc. bought a new position in shares of Hingham Institution for Savings in the third quarter worth about $243,000. 49.33% of the stock is owned by institutional investors.

Hingham Institution for Savings Stock Performance

Shares of NASDAQ HIFS traded down $3.83 during trading hours on Monday, hitting $228.21. 8,419 shares of the company’s stock were exchanged, compared to its average volume of 17,436. The company’s 50-day moving average price is $269.31 and its 200-day moving average price is $247.04. Hingham Institution for Savings has a 1-year low of $150.11 and a 1-year high of $300.00. The stock has a market capitalization of $489.97 million, a price-to-earnings ratio of 21.61 and a beta of 1.02. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.57 and a quick ratio of 1.57.

Hingham Institution for Savings (NASDAQ:HIFS) last issued its quarterly earnings results on Friday, October 11th. The savings and loans company reported $1.44 earnings per share for the quarter. Hingham Institution for Savings had a net margin of 10.95% and a return on equity of 2.27%. The firm had revenue of $15.21 million during the quarter.

Hingham Institution for Savings Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Monday, January 6th will be paid a $0.63 dividend. The ex-dividend date is Monday, January 6th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.10%. Hingham Institution for Savings’s payout ratio is 23.86%.

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.