Hills Bancorporation (OTCMKTS:HBIA) Stock Price Up 0.4% – Time to Buy?

Shares of Hills Bancorporation (OTCMKTS:HBIA) rose 0.4% during trading on Monday . The stock traded as high as $47.00 and last traded at $47.00. Approximately 300 shares were traded during mid-day trading, a decline of 78% from the average session volume of 1,336 shares. The stock had previously closed at $46.80.

Hills Bancorporation Price Performance

The stock’s 50 day moving average price is $47.29 and its two-hundred day moving average price is $72.32.

Hedge Funds Weigh In On Hills Bancorporation

Several institutional investors and hedge funds have recently modified their holdings of HBIA. Deutsche Bank AG acquired a new stake in Hills Bancorporation during the second quarter worth about $3,874,000. EP Wealth Advisors LLC purchased a new position in Hills Bancorporation during the second quarter valued at approximately $373,000. Ategra Capital Management LLC acquired a new position in Hills Bancorporation in the second quarter valued at approximately $1,998,000. Corient Private Wealth LP acquired a new position in Hills Bancorporation in the second quarter valued at approximately $792,000. Finally, Hsbc Holdings PLC acquired a new position in Hills Bancorporation in the second quarter valued at approximately $1,204,000. Institutional investors and hedge funds 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.