Baldwin Wealth Partners LLC MA Cuts Stake in Hingham Institution for Savings $HIFS

Baldwin Wealth Partners LLC MA decreased its holdings in Hingham Institution for Savings (NASDAQ:HIFS) by 18.1% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,416 shares of the savings and loans company’s stock after selling 757 shares during the period. Baldwin Wealth Partners LLC MA’s holdings in Hingham Institution for Savings were worth $848,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in HIFS. Resources Management Corp CT ADV purchased a new stake in shares of Hingham Institution for Savings in the 1st quarter valued at $30,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Hingham Institution for Savings by 8.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 961 shares of the savings and loans company’s stock valued at $229,000 after buying an additional 75 shares during the period. AlphaQuest LLC boosted its position in Hingham Institution for Savings by 40.5% during the 1st quarter. AlphaQuest LLC now owns 1,279 shares of the savings and loans company’s stock valued at $304,000 after buying an additional 369 shares during the period. AQR Capital Management LLC boosted its position in Hingham Institution for Savings by 54.3% during the 1st quarter. AQR Capital Management LLC now owns 1,634 shares of the savings and loans company’s stock valued at $389,000 after buying an additional 575 shares during the period. Finally, Quantbot Technologies LP boosted its position in Hingham Institution for Savings by 26.4% during the 1st quarter. Quantbot Technologies LP now owns 1,682 shares of the savings and loans company’s stock valued at $400,000 after buying an additional 351 shares during the period. Hedge funds and other institutional investors own 49.33% of the company’s stock.

Hingham Institution for Savings Stock Down 0.8%

Shares of NASDAQ HIFS opened at $292.32 on Friday. The company has a debt-to-equity ratio of 3.53, a quick ratio of 1.59 and a current ratio of 1.59. Hingham Institution for Savings has a 12 month low of $209.71 and a 12 month high of $303.51. The firm has a fifty day simple moving average of $271.79 and a two-hundred day simple moving average of $255.19.

Hingham Institution for Savings (NASDAQ:HIFS) last issued its quarterly earnings data on Friday, July 11th. The savings and loans company reported $3.39 EPS for the quarter. Hingham Institution for Savings had a net margin of 15.53% and a return on equity of 4.95%. The business had revenue of $20.85 million during the quarter.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Hingham Institution for Savings in a research report on Wednesday. Wall Street Zen raised shares of Hingham Institution for Savings from a “sell” rating to a “hold” rating in a research report on Friday, July 18th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Hingham Institution for Savings presently has an average rating of “Hold”.

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.