Hingham Institution for Savings (NASDAQ:HIFS) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Friday.

Separately, ValuEngine upgraded shares of Hingham Institution for Savings from a “hold” rating to a “buy” rating in a report on Thursday, November 30th.

Hingham Institution for Savings (NASDAQ:HIFS) opened at $201.60 on Friday. The company has a market cap of $426.60, a price-to-earnings ratio of 17.29 and a beta of 0.79. Hingham Institution for Savings has a fifty-two week low of $148.02 and a fifty-two week high of $242.00.

Hingham Institution for Savings (NASDAQ:HIFS) last released its earnings results on Thursday, October 12th. The savings and loans company reported $2.97 earnings per share (EPS) for the quarter. The firm had revenue of $16.41 million during the quarter.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Epoch Investment Partners Inc. bought a new stake in Hingham Institution for Savings in the third quarter valued at $4,056,000. OxFORD Asset Management LLP bought a new stake in Hingham Institution for Savings in the third quarter valued at $227,000. Dimensional Fund Advisors LP increased its stake in Hingham Institution for Savings by 1.4% in the third quarter. Dimensional Fund Advisors LP now owns 47,176 shares of the savings and loans company’s stock valued at $8,976,000 after purchasing an additional 639 shares in the last quarter. Wells Fargo & Company MN increased its stake in Hingham Institution for Savings by 56.9% in the third quarter. Wells Fargo & Company MN now owns 1,458 shares of the savings and loans company’s stock valued at $277,000 after purchasing an additional 529 shares in the last quarter. Finally, Nationwide Fund Advisors increased its stake in Hingham Institution for Savings by 700.5% in the third quarter. Nationwide Fund Advisors now owns 6,004 shares of the savings and loans company’s stock valued at $1,142,000 after purchasing an additional 5,254 shares in the last quarter. 27.22% of the stock is owned by hedge funds and other institutional investors.

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About Hingham Institution for Savings

Hingham Institution for Savings (the Bank) is a Massachusetts-chartered savings bank (the Bank). The Bank is principally engaged in the business of residential and commercial real estate mortgage lending, funded by a retail deposit network and borrowings. The Bank provides a range of financial services to individuals and small businesses through its approximately 10 offices in Boston and southeastern Massachusetts.

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