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0 0 0.00322639115461296 0.00322639115461296 -0.0043501903208265 0.00184883088635124 0.00329889432662667 0.00561899583106765
Stock impact report

The Recent Pullback In Hingham Institution For Savings Seems Justified [Seeking Alpha]

Hingham Institution for Savings (HIFS) 
US:NASDAQ Investor Relations: hinghamsavings.com/investor-materials
Company Research Source: Seeking Alpha
HIFS's loan portfolio is almost entirely real estate-exposed, with 84.1% in commercial real estate and 11.1% in home mortgages. Non-performing loans rose to 0.80% of total loans, driven by a $30.6M CRE loan on non-accrual, while allowance for credit losses increased minimally. Despite a special dividend, HIFS's yield remains low at 1.16%, and short interest signals ongoing risks amid concentrated geographic and sector exposure. PM Images/DigitalVision via Getty Images This article serves as a follow-up to my past analysis of Hingham Institution for Savings ( HIFS ). When I first wrote about the company in November of last year, I rated its stock as a Hold based on its elevated valuation and risk profile. Since that article was published, HIFS has risen about 7.5% while the overall market has only achieved a gain of about 2.5%. Hingham had been able to post even greater gains through early February of this year, but the stock has tumbled almost 17% since reaching a 52-week hig Show less Read more
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