Morgan Dempsey Capital Management LLC lowered its stake in shares of Hingham Institution for Savings (NASDAQ:HIFS) by 4.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,361 shares of the savings and loans company’s stock after selling 228 shares during the period. Morgan Dempsey Capital Management LLC’s holdings in Hingham Institution for Savings were worth $975,000 at the end of the most recent reporting period.

Shares of Hingham Institution for Savings (HIFS) opened at 175.56 on Thursday. Hingham Institution for Savings has a 12-month low of $128.08 and a 12-month high of $203.01. The stock has a market capitalization of $374.29 million, a P/E ratio of 15.33 and a beta of 0.73. The firm’s 50-day moving average is $179.24 and its 200 day moving average is $180.54.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 19th. Stockholders of record on Monday, July 10th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Thursday, July 6th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.73%. Hingham Institution for Savings’s payout ratio is currently 11.65%.

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

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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