Banc Funds Co. LLC continued to hold its stake in Hingham Institution for Savings (NASDAQ:HIFS) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 33,463 shares of the savings and loans company’s stock at the close of the 2nd quarter. Banc Funds Co. LLC owned approximately 1.57% of Hingham Institution for Savings worth $6,088,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of HIFS. Dimensional Fund Advisors LP grew its stake in Hingham Institution for Savings by 2.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 46,537 shares of the savings and loans company’s stock worth $8,466,000 after purchasing an additional 1,177 shares in the last quarter. Vanguard Group Inc. grew its stake in Hingham Institution for Savings by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 50,991 shares of the savings and loans company’s stock worth $9,277,000 after purchasing an additional 1,066 shares in the last quarter. Northern Trust Corp grew its stake in Hingham Institution for Savings by 6.1% during the 2nd quarter. Northern Trust Corp now owns 17,864 shares of the savings and loans company’s stock worth $3,250,000 after purchasing an additional 1,033 shares in the last quarter. New York State Common Retirement Fund grew its stake in Hingham Institution for Savings by 14.2% during the 2nd quarter. New York State Common Retirement Fund now owns 1,600 shares of the savings and loans company’s stock worth $291,000 after purchasing an additional 199 shares in the last quarter. Finally, TIAA CREF Investment Management LLC grew its stake in Hingham Institution for Savings by 0.9% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 3,768 shares of the savings and loans company’s stock worth $686,000 after purchasing an additional 33 shares in the last quarter. 25.75% of the stock is owned by institutional investors and hedge funds.

Separately, ValuEngine raised Hingham Institution for Savings from a “hold” rating to a “buy” rating in a research note on Friday, June 16th.

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Hingham Institution for Savings (NASDAQ:HIFS) remained flat at $186.78 on Wednesday. The company’s stock had a trading volume of 11 shares. The stock has a market cap of $398.21 million, a PE ratio of 16.31 and a beta of 0.72. Hingham Institution for Savings has a 1-year low of $132.00 and a 1-year high of $203.01. The stock’s 50 day moving average price is $181.61 and its 200-day moving average price is $178.98.

Hingham Institution for Savings (NASDAQ:HIFS) last announced its quarterly earnings results on Thursday, July 13th. The savings and loans company reported $2.97 earnings per share (EPS) for the quarter. The company had revenue of $16.09 million during the quarter.

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

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