Crawford Fund Management LLC Has $1.19 Million Holdings in Hingham Institution for Savings (NASDAQ:HIFS)

Crawford Fund Management LLC cut its stake in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 38.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,881 shares of the savings and loans company’s stock after selling 3,006 shares during the period. Hingham Institution for Savings comprises approximately 0.3% of Crawford Fund Management LLC’s investment portfolio, making the stock its 28th biggest position. Crawford Fund Management LLC owned approximately 0.23% of Hingham Institution for Savings worth $1,188,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Copeland Capital Management LLC acquired a new position in shares of Hingham Institution for Savings during the third quarter worth $61,000. FMR LLC increased its holdings in shares of Hingham Institution for Savings by 27.0% during the third quarter. FMR LLC now owns 419 shares of the savings and loans company’s stock worth $102,000 after buying an additional 89 shares in the last quarter. Quantbot Technologies LP increased its holdings in shares of Hingham Institution for Savings by 49.1% during the third quarter. Quantbot Technologies LP now owns 950 shares of the savings and loans company’s stock worth $231,000 after buying an additional 313 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new position in shares of Hingham Institution for Savings during the third quarter worth $243,000. Finally, SG Americas Securities LLC bought a new stake in shares of Hingham Institution for Savings in the third quarter worth $248,000. 49.33% of the stock is currently owned by institutional investors and hedge funds.

Hingham Institution for Savings Stock Performance

Shares of Hingham Institution for Savings stock opened at $282.54 on Friday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.63. Hingham Institution for Savings has a twelve month low of $150.11 and a twelve month high of $300.00. The stock has a market cap of $607.46 million, a price-to-earnings ratio of 26.76 and a beta of 0.99. The company’s fifty day moving average is $260.79 and its 200 day moving average is $226.55.

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

Hingham Institution for Savings Dividend Announcement

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

Hingham Institution for Savings Company Profile

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.