Hilltop Holdings Inc. (NYSE:HTH) has earned an average rating of “Hold” from the eleven research firms that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $33.38.

Several research analysts recently commented on HTH shares. Zacks Investment Research cut Hilltop Holdings from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 16th. ValuEngine raised Hilltop Holdings from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Stephens set a $31.00 price target on Hilltop Holdings and gave the company a “buy” rating in a research report on Monday, June 26th. Finally, BidaskClub cut Hilltop Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th.

Hilltop Holdings (NYSE HTH) traded up 0.04% during midday trading on Wednesday, reaching $24.02. The company had a trading volume of 576,075 shares. Hilltop Holdings has a 52-week low of $21.04 and a 52-week high of $30.60. The company’s 50-day moving average is $24.73 and its 200 day moving average is $26.21. The company has a market cap of $2.31 billion, a PE ratio of 13.44 and a beta of 1.02.

Hilltop Holdings (NYSE:HTH) last issued its quarterly earnings results on Thursday, July 27th. The financial services provider reported $0.63 EPS for the quarter, beating the consensus estimate of $0.43 by $0.20. Hilltop Holdings had a return on equity of 9.39% and a net margin of 10.02%. The firm had revenue of $460.67 million during the quarter, compared to analysts’ expectations of $431.80 million. During the same period in the prior year, the firm posted $0.32 earnings per share. On average, equities research analysts forecast that Hilltop Holdings will post $1.59 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th were given a $0.06 dividend. The ex-dividend date of this dividend was Friday, August 11th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.00%. Hilltop Holdings’s payout ratio is 13.41%.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/09/13/hilltop-holdings-inc-hth-given-consensus-recommendation-of-hold-by-brokerages.html.

In other news, Director J Markham Green sold 4,389 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $25.98, for a total value of $114,026.22. Following the completion of the sale, the director now directly owns 114,763 shares of the company’s stock, valued at $2,981,542.74. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Hill A. Feinberg sold 225,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $25.82, for a total value of $5,809,500.00. Following the completion of the sale, the insider now directly owns 1,083,878 shares of the company’s stock, valued at $27,985,729.96. The disclosure for this sale can be found here. Company insiders own 22.50% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Amalgamated Bank lifted its position in shares of Hilltop Holdings by 0.8% in the second quarter. Amalgamated Bank now owns 9,501 shares of the financial services provider’s stock valued at $249,000 after buying an additional 72 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Hilltop Holdings by 2.1% in the second quarter. Principal Financial Group Inc. now owns 9,246 shares of the financial services provider’s stock valued at $242,000 after buying an additional 186 shares during the last quarter. Rothschild Asset Management Inc. lifted its position in shares of Hilltop Holdings by 0.3% in the second quarter. Rothschild Asset Management Inc. now owns 79,518 shares of the financial services provider’s stock valued at $2,084,000 after buying an additional 244 shares during the last quarter. Legal & General Group Plc lifted its position in shares of Hilltop Holdings by 1.2% in the second quarter. Legal & General Group Plc now owns 26,051 shares of the financial services provider’s stock valued at $683,000 after buying an additional 317 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Hilltop Holdings by 9.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,996 shares of the financial services provider’s stock valued at $105,000 after buying an additional 348 shares during the last quarter. 56.32% of the stock is owned by institutional investors.

Hilltop Holdings Company Profile

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

Analyst Recommendations for Hilltop Holdings (NYSE:HTH)

Receive News & Stock Ratings for Hilltop Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilltop Holdings Inc. and related stocks with our FREE daily email newsletter.