Hingham Institution for Savings (NASDAQ:HIFS) Shares Bought by American Century Companies Inc.

American Century Companies Inc. increased its position in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,365 shares of the savings and loans company’s stock after buying an additional 453 shares during the period. American Century Companies Inc.’s holdings in Hingham Institution for Savings were worth $3,397,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its position in shares of Hingham Institution for Savings by 3.1% during 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 acquiring an additional 137 shares during the last quarter. FMR LLC grew its stake in Hingham Institution for Savings by 27.0% during the 3rd 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 in the last quarter. BNP Paribas Financial Markets increased its holdings in Hingham Institution for Savings by 113.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,938 shares of the savings and loans company’s stock worth $715,000 after purchasing an additional 1,560 shares during the last quarter. State Street Corp raised its position in shares of Hingham Institution for Savings by 40.1% in the 3rd quarter. State Street Corp now owns 52,434 shares of the savings and loans company’s stock valued at $12,758,000 after purchasing an additional 15,000 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of Hingham Institution for Savings by 477.9% during the 3rd quarter. Barclays PLC now owns 3,063 shares of the savings and loans company’s stock valued at $746,000 after buying an additional 2,533 shares during the last quarter. Institutional investors and hedge funds own 49.33% of the company’s stock.

Hingham Institution for Savings Price Performance

HIFS opened at $220.37 on Monday. The company has a market capitalization of $473.80 million, a P/E ratio of 17.18 and a beta of 0.99. The company has a 50-day moving average of $250.72 and a 200-day moving average of $256.71. 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 1-year low of $160.00 and a 1-year high of $300.00.

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

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Hingham Institution for Savings from a “sell” rating to a “hold” rating in a research note on Saturday, February 22nd.

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.