Hingham Institution for Savings (NASDAQ:HIFS) Upgraded to Sell by StockNews.com

Hingham Institution for Savings (NASDAQ:HIFS) was upgraded by research analysts at StockNews.com to a “sell” rating in a note issued to investors on Saturday.

Hingham Institution for Savings Trading Up 0.5 %

NASDAQ HIFS opened at $177.63 on Friday. The company has a market capitalization of $381.90 million, a PE ratio of 15.75 and a beta of 1.00. The company has a fifty day moving average of $169.35 and a 200 day moving average of $173.64. Hingham Institution for Savings has a 1 year low of $147.01 and a 1 year high of $230.77. The company has a debt-to-equity ratio of 4.15, a current ratio of 1.66 and a quick ratio of 1.66.

Hingham Institution for Savings (NASDAQ:HIFS) last posted its earnings results on Friday, April 12th. The savings and loans company reported $1.01 earnings per share (EPS) for the quarter. The company had revenue of $15.33 million during the quarter. Hingham Institution for Savings had a net margin of 12.38% and a return on equity of 2.73%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Copeland Capital Management LLC raised its position in shares of Hingham Institution for Savings by 97.6% in the fourth quarter. Copeland Capital Management LLC now owns 168 shares of the savings and loans company’s stock worth $33,000 after acquiring an additional 83 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of Hingham Institution for Savings by 161.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 395 shares of the savings and loans company’s stock worth $77,000 after purchasing an additional 244 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Hingham Institution for Savings during the third quarter worth about $128,000. SeaCrest Wealth Management LLC purchased a new stake in shares of Hingham Institution for Savings during the fourth quarter worth about $200,000. Finally, First National Bank Sioux Falls purchased a new stake in shares of Hingham Institution for Savings during the first quarter worth about $215,000. 49.33% of the stock is currently owned by institutional investors and hedge funds.

About Hingham Institution for Savings

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.