Numeric Investors LLC decreased its holdings in Hilltop Holdings Inc. (NYSE:HTH) by 38.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,600 shares of the financial services provider’s stock after selling 21,400 shares during the quarter. Numeric Investors LLC’s holdings in Hilltop Holdings were worth $881,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Hilltop Holdings by 93.2% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,648 shares of the financial services provider’s stock worth $100,000 after purchasing an additional 1,760 shares in the last quarter. Victory Capital Management Inc. raised its stake in Hilltop Holdings by 32.9% in the 1st quarter. Victory Capital Management Inc. now owns 5,644 shares of the financial services provider’s stock worth $155,000 after purchasing an additional 1,398 shares in the last quarter. Ameritas Investment Partners Inc. acquired a new stake in Hilltop Holdings in the 1st quarter worth about $178,000. Principal Financial Group Inc. raised its stake in Hilltop Holdings by 2.1% in the 2nd quarter. Principal Financial Group Inc. now owns 9,246 shares of the financial services provider’s stock worth $242,000 after purchasing an additional 186 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in Hilltop Holdings by 64.5% in the 1st quarter. SG Americas Securities LLC now owns 8,970 shares of the financial services provider’s stock worth $246,000 after purchasing an additional 3,518 shares in the last quarter. Institutional investors and hedge funds own 56.32% of the company’s stock.

In related news, Director Charles Clifton Robinson acquired 20,000 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The shares were bought at an average cost of $24.97 per share, for a total transaction of $499,400.00. Following the completion of the transaction, the director now owns 1,255,024 shares in the company, valued at $31,337,949.28. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director J Markham Green sold 4,389 shares of the company’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 transaction of $114,026.22. Following the completion of the transaction, the director now owns 114,763 shares in the company, valued at $2,981,542.74. The disclosure for this sale can be found here. Corporate insiders own 22.60% of the company’s stock.

Hilltop Holdings Inc. (HTH) opened at 26.19 on Thursday. The firm has a 50-day moving average of $24.64 and a 200 day moving average of $25.87. The company has a market capitalization of $2.52 billion, a price-to-earnings ratio of 14.66 and a beta of 1.00. Hilltop Holdings Inc. has a 12-month low of $21.47 and a 12-month high of $30.60.

Hilltop Holdings (NYSE:HTH) last announced its quarterly earnings results on Thursday, July 27th. The financial services provider reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.20. Hilltop Holdings had a net margin of 10.02% and a return on equity of 9.39%. The firm had revenue of $460.67 million for the quarter, compared to the consensus estimate of $431.80 million. During the same period in the prior year, the firm posted $0.32 earnings per share. Analysts expect that Hilltop Holdings Inc. will post $1.54 EPS for the current fiscal year.

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Several analysts have weighed in on the stock. Raymond James Financial, Inc. reiterated an “underperform” rating on shares of Hilltop Holdings in a research note on Thursday, August 10th. UBS AG lowered shares of Hilltop Holdings from a “market perform” rating to an “underperform” rating in a report on Thursday, August 10th. Stephens raised shares of Hilltop Holdings from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $31.00 to $47.00 in a report on Thursday, August 3rd. Zacks Investment Research lowered shares of Hilltop Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Finally, ValuEngine raised shares of Hilltop Holdings from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $32.08.

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 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).

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Institutional Ownership by Quarter for Hilltop Holdings (NYSE:HTH)

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