Compass Point lowered shares of Hilltop Holdings Inc. (NYSE:HTH) from a buy rating to a neutral rating in a research note published on Wednesday. They currently have $28.50 price target on the stock, up from their previous price target of $28.00. The analysts noted that the move was a valuation call.

HTH has been the subject of several other reports. Keefe, Bruyette & Woods upped their price objective on Hilltop Holdings from $23.00 to $24.00 and gave the company an outperform rating in a research note on Friday, July 29th. Zacks Investment Research raised Hilltop Holdings from a hold rating to a buy rating and set a $26.00 target price for the company in a research note on Thursday, October 13th. FBR & Co increased their target price on Hilltop Holdings from $24.00 to $26.00 and gave the stock a mkt perform rating in a research note on Friday, October 28th. Finally, TheStreet downgraded Hilltop Holdings from a buy rating to a hold rating in a research note on Thursday, July 28th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Hilltop Holdings currently has an average rating of Hold and a consensus target price of $25.90.

Hilltop Holdings (NYSE:HTH) traded up 0.11% during trading on Wednesday, reaching $28.25. The company’s stock had a trading volume of 459,525 shares. The company has a market capitalization of $2.78 billion, a PE ratio of 21.27 and a beta of 0.38. Hilltop Holdings has a 52 week low of $14.28 and a 52 week high of $28.37. The company has a 50 day moving average price of $24.98 and a 200-day moving average price of $22.36.

Hilltop Holdings (NYSE:HTH) last posted its quarterly earnings data on Friday, October 28th. The company reported $0.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.01. Hilltop Holdings had a return on equity of 7.35% and a net margin of 7.68%. During the same quarter in the prior year, the firm posted $0.47 earnings per share.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Tuesday, November 15th will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Thursday, November 10th. Hilltop Holdings’s dividend payout ratio (DPR) is 17.91%.

In other news, insider Jerry Schaffner sold 5,000 shares of the firm’s stock in a transaction on Tuesday, September 6th. The stock was sold at an average price of $22.36, for a total transaction of $111,800.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 22.60% of the company’s stock.

Large investors have recently bought and sold shares of the company. BlackRock Inc. boosted its stake in Hilltop Holdings by 77.3% in the first quarter. BlackRock Inc. now owns 5,276 shares of the company’s stock valued at $100,000 after buying an additional 2,301 shares during the period. BNP Paribas Arbitrage SA boosted its stake in Hilltop Holdings by 86.0% in the third quarter. BNP Paribas Arbitrage SA now owns 7,163 shares of the company’s stock valued at $161,000 after buying an additional 3,312 shares during the period. SG Americas Securities LLC acquired a new stake in Hilltop Holdings during the third quarter valued at about $206,000. Hsbc Holdings PLC acquired a new stake in Hilltop Holdings during the second quarter valued at about $210,000. Finally, KCG Holdings Inc. acquired a new stake in Hilltop Holdings during the second quarter valued at about $211,000. Institutional investors and hedge funds own 54.62% of the company’s stock.

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About Hilltop Holdings

Hilltop Holdings Inc is a financial holding Company. The Company provides business and consumer banking services from offices located throughout Texas through PlainsCapital Corporation (the Bank). It has three operating business units, which include PlainsCapital (banking and mortgage origination), Hilltop Securities Holdings LLC (Securities Holdings) and National Lloyds Corporation (NLC).

5 Day Chart for NYSE:HTH

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