Port Capital LLC raised its holdings in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 10.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 56,409 shares of the savings and loans company’s stock after purchasing an additional 5,135 shares during the quarter. Hingham Institution for Savings accounts for about 1.5% of Port Capital LLC’s portfolio, making the stock its 26th largest position. Port Capital LLC’s holdings in Hingham Institution for Savings were worth $12,399,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. First Trust Advisors LP boosted its holdings 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 worth $662,000 after acquiring an additional 519 shares during the period. BlackRock Inc. boosted its holdings 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 worth $16,667,000 after acquiring an additional 7,146 shares during the period. Dimensional Fund Advisors LP boosted its holdings 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 worth $11,495,000 after acquiring an additional 1,848 shares during the period. Renaissance Technologies LLC boosted its holdings 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 worth $4,965,000 after acquiring an additional 500 shares during the period. Finally, Epoch Investment Partners Inc. boosted its holdings in shares of Hingham Institution for Savings by 2.8% during the second quarter. Epoch Investment Partners Inc. now owns 94,805 shares of the savings and loans company’s stock worth $20,828,000 after acquiring an additional 2,544 shares during the period. Institutional investors and hedge funds own 32.39% of the company’s stock.

Shares of NASDAQ:HIFS traded down $7.76 during trading on Thursday, reaching $210.21. 1,552 shares of the stock were exchanged, compared to its average volume of 2,380. Hingham Institution for Savings has a 12 month low of $195.05 and a 12 month high of $242.00. The stock has a market cap of $442.70 million, a PE ratio of 14.08 and a beta of 0.81.

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

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

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

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Hingham Institution for Savings Company Profile

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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