TIAA CREF Investment Management LLC raised its position in Hingham Institution for Savings (NASDAQ:HIFS) by 0.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,768 shares of the savings and loans company’s stock after acquiring an additional 33 shares during the quarter. TIAA CREF Investment Management LLC owned 0.18% of Hingham Institution for Savings worth $686,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Wells Fargo & Company MN grew its position in shares of Hingham Institution for Savings by 3.2% during the second quarter. Wells Fargo & Company MN now owns 929 shares of the savings and loans company’s stock worth $169,000 after buying an additional 29 shares in the last quarter. Modera Wealth Management LLC acquired a new stake in shares of Hingham Institution for Savings during the second quarter worth approximately $200,000. Capital Analysts LLC acquired a new stake in shares of Hingham Institution for Savings during the second quarter worth approximately $203,000. Alliancebernstein L.P. acquired a new stake in shares of Hingham Institution for Savings during the second quarter worth approximately $218,000. Finally, Rhumbline Advisers acquired a new stake in shares of Hingham Institution for Savings during the second quarter worth approximately $258,000. 26.18% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of US and international copyright laws. The original version of this piece of content can be read at https://www.watchlistnews.com/tiaa-cref-investment-management-llc-purchases-33-shares-of-hingham-institution-for-savings-hifs/1703940.html.

Shares of Hingham Institution for Savings (HIFS) opened at $195.74 on Wednesday. Hingham Institution for Savings has a 1 year low of $148.02 and a 1 year high of $203.01. The firm has a market cap of $411.36, a P/E ratio of 16.71 and a beta of 0.77.

Hingham Institution for Savings (NASDAQ:HIFS) last released its quarterly earnings results on Thursday, October 12th. The savings and loans company reported $2.97 earnings per share for the quarter. The company had revenue of $16.41 million for the quarter.

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 18th. Stockholders of record on Monday, October 9th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Thursday, October 5th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.69%. This is an increase from Hingham Institution for Savings’s previous quarterly dividend of $0.32. Hingham Institution for Savings’s dividend payout ratio (DPR) is presently 11.63%.

Hingham Institution for Savings 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.

Institutional Ownership by Quarter for Hingham Institution for Savings (NASDAQ:HIFS)

Receive News & Ratings for Hingham Institution for Savings Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hingham Institution for Savings and related companies with Analyst Ratings Network's FREE daily email newsletter.