Crawford Fund Management LLC Sells 3,006 Shares of Hingham Institution for Savings (NASDAQ:HIFS)

Crawford Fund Management LLC lowered its position in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 38.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,881 shares of the savings and loans company’s stock after selling 3,006 shares during the quarter. Hingham Institution for Savings comprises 0.3% of Crawford Fund Management LLC’s investment portfolio, making the stock its 28th biggest holding. Crawford Fund Management LLC’s holdings in Hingham Institution for Savings were worth $1,188,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its position in shares of Hingham Institution for Savings by 8.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,286 shares of the savings and loans company’s stock worth $225,000 after purchasing an additional 101 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Hingham Institution for Savings by 13.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,732 shares of the savings and loans company’s stock worth $1,025,000 after purchasing an additional 681 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Hingham Institution for Savings by 4.0% during the 2nd quarter. Rhumbline Advisers now owns 2,350 shares of the savings and loans company’s stock worth $420,000 after purchasing an additional 90 shares in the last quarter. Anchor Capital Advisors LLC boosted its position in shares of Hingham Institution for Savings by 8.3% during the 2nd quarter. Anchor Capital Advisors LLC now owns 5,370 shares of the savings and loans company’s stock worth $961,000 after purchasing an additional 410 shares in the last quarter. Finally, American Century Companies Inc. boosted its position in shares of Hingham Institution for Savings by 35.4% during the 2nd quarter. American Century Companies Inc. now owns 12,369 shares of the savings and loans company’s stock worth $2,213,000 after purchasing an additional 3,231 shares in the last quarter. Institutional investors own 49.33% of the company’s stock.

Hingham Institution for Savings Trading Down 0.6 %

HIFS opened at $282.54 on Friday. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.57 and a quick ratio of 1.57. Hingham Institution for Savings has a fifty-two week low of $150.11 and a fifty-two week high of $300.00. The firm has a market capitalization of $607.46 million, a PE ratio of 26.76 and a beta of 0.99. The company’s 50-day moving average is $260.79 and its 200 day moving average is $226.55.

Hingham Institution for Savings (NASDAQ:HIFS) last posted its quarterly earnings data on Friday, October 11th. The savings and loans company reported $1.44 EPS for the quarter. The firm had revenue of $15.21 million during the quarter. Hingham Institution for Savings had a net margin of 10.95% and a return on equity of 2.27%.

Hingham Institution for Savings Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Monday, January 6th will be paid a $0.63 dividend. The ex-dividend date of this dividend is Monday, January 6th. This represents a $2.52 annualized dividend and a yield of 0.89%. Hingham Institution for Savings’s dividend payout ratio (DPR) is 23.86%.

About Hingham Institution for Savings

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.