Shares of Hills Bancorporation (OTCMKTS:HBIA – Get Free Report) were up 0.4% on Monday . The stock traded as high as $47.00 and last traded at $47.00. Approximately 300 shares were traded during trading, a decline of 78% from the average daily volume of 1,336 shares. The stock had previously closed at $46.80.
Hills Bancorporation Stock Up 0.4%
The stock has a 50 day moving average of $48.33 and a 200-day moving average of $72.55.
Hedge Funds Weigh In On Hills Bancorporation
Several large investors have recently modified their holdings of HBIA. BlackRock Inc. bought a new stake in shares of Hills Bancorporation in the second quarter valued at approximately $119,127,000. Bank of America Corp DE bought a new position in Hills Bancorporation in the 2nd quarter worth approximately $4,462,000. Deutsche Bank AG purchased a new position in Hills Bancorporation in the 2nd quarter valued at approximately $3,874,000. Empowered Funds LLC purchased a new position in Hills Bancorporation in the 2nd quarter valued at approximately $3,207,000. Finally, Legal & General Group Plc bought a new stake in Hills Bancorporation during the 2nd quarter valued at $2,027,000. Hedge funds and other institutional investors own 0.32% of the company’s stock.
About Hills Bancorporation
Hills Bancorporation, Inc is a bank holding company trading on the OTC Markets under the ticker HBIA. The company operates through its wholly owned subsidiary, Hills Bank & Trust Company, which provides a broad suite of financial services to consumers and businesses in eastern Iowa.
Through Hills Bank & Trust, the company offers deposit products such as checking and savings accounts, certificates of deposit and money market accounts, as well as lending solutions that include residential and commercial mortgages, construction loans and lines of credit.
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