Hilltop Holdings Inc. (NYSE:HTH) declared a quarterly dividend on Thursday, July 25th, Zacks reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.08 per share by the financial services provider on Friday, August 30th. This represents a $0.32 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Wednesday, August 14th.

Shares of HTH opened at $22.10 on Tuesday. The company has a 50 day simple moving average of $21.78. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.99 and a quick ratio of 0.85. The firm has a market capitalization of $2.08 billion, a P/E ratio of 17.27 and a beta of 0.88. Hilltop has a 52-week low of $16.43 and a 52-week high of $23.38.

Hilltop (NYSE:HTH) last announced its quarterly earnings results on Thursday, July 25th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.24. The firm had revenue of $420.75 million during the quarter, compared to the consensus estimate of $380.83 million. Hilltop had a return on equity of 8.02% and a net margin of 9.56%. During the same period in the prior year, the company posted $0.35 earnings per share. On average, equities research analysts predict that Hilltop will post 1.85 EPS for the current fiscal year.

A number of equities research analysts have weighed in on HTH shares. Zacks Investment Research upgraded Hilltop from a “hold” rating to a “strong-buy” rating and set a $24.00 price objective for the company in a research note on Tuesday, April 30th. ValuEngine upgraded Hilltop from a “sell” rating to a “hold” rating in a research note on Thursday, April 18th. TheStreet upgraded Hilltop from a “c+” rating to a “b-” rating in a research note on Friday, July 19th. Finally, Stephens reiterated a “hold” rating and issued a $22.00 price objective on shares of Hilltop in a research note on Friday, July 26th. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $22.50.

In other Hilltop news, insider Hill A. Feinberg sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $20.26, for a total value of $810,400.00. Following the completion of the sale, the insider now owns 809,153 shares in the company, valued at $16,393,439.78. The sale was disclosed in a document filed with the SEC, which is available through this link. 21.20% of the stock is currently owned by insiders.

About Hilltop

Hilltop Holdings Inc provides banking and financial products and services. The company operates in four segments: Banking, Broker-Dealer, Mortgage Origination, and Insurance. The Banking segment offers savings, checking, interest-bearing checking, and money market accounts; certificates of deposit; lines and letters of credit, home improvement and equity loans, loans for purchasing and carrying securities, equipment loans and leases, agricultural and commercial real estate loans, and other loans; and commercial and industrial loans, and term and construction finance.

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Dividend History for Hilltop (NYSE:HTH)

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