Hingham Institution for Savings (HIFS) Stake Decreased by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. reduced its stake in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 1.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,168 shares of the savings and loans company’s stock after selling 1,637 shares during the period. Epoch Investment Partners Inc. owned 4.42% of Hingham Institution for Savings worth $20,479,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. First Trust Advisors LP increased its position in shares of Hingham Institution for Savings by 20.8% during the second quarter. First Trust Advisors LP now owns 3,013 shares of the savings and loans company’s stock valued at $662,000 after acquiring an additional 519 shares in the last quarter. BlackRock Inc. increased its position in shares of Hingham Institution for Savings by 10.4% during the second quarter. BlackRock Inc. now owns 75,861 shares of the savings and loans company’s stock valued at $16,667,000 after acquiring an additional 7,146 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Hingham Institution for Savings by 3.7% during the second quarter. Dimensional Fund Advisors LP now owns 52,322 shares of the savings and loans company’s stock valued at $11,495,000 after acquiring an additional 1,848 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Hingham Institution for Savings by 2.3% during the second quarter. Renaissance Technologies LLC now owns 22,600 shares of the savings and loans company’s stock valued at $4,965,000 after acquiring an additional 500 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of Hingham Institution for Savings during the second quarter valued at approximately $112,000. Institutional investors and hedge funds own 32.39% of the company’s stock.

Shares of HIFS opened at $212.50 on Friday. The company has a market cap of $450.14 million, a P/E ratio of 14.32 and a beta of 0.81. Hingham Institution for Savings has a twelve month low of $195.05 and a twelve month high of $233.13.

Hingham Institution for Savings (NASDAQ:HIFS) last announced its quarterly earnings results on Friday, October 12th. The savings and loans company reported $4.05 earnings per share for the quarter. The firm had revenue of $17.61 million for the quarter.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 16th. Shareholders of record on Monday, January 7th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date is Friday, January 4th. This is an increase from Hingham Institution for Savings’s previous quarterly dividend of $0.36.

Separately, BidaskClub raised shares of Hingham Institution for Savings from a “sell” rating to a “hold” rating in a research report on Friday, September 7th.

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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.

See Also: Return on Investment (ROI)

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Institutional Ownership by Quarter for Hingham Institution for Savings (NASDAQ:HIFS)

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