Hilltop Holdings Inc. (NYSE:HTH) insider Darren E. Parmenter sold 4,000 shares of the stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $24.00, for a total transaction of $96,000.00. Following the transaction, the insider now owns 35,778 shares of the company’s stock, valued at approximately $858,672. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

NYSE:HTH traded down $0.14 on Friday, reaching $23.76. 480,122 shares of the company’s stock were exchanged, compared to its average volume of 397,446. 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 cap of $2.22 billion, a price-to-earnings ratio of 18.56 and a beta of 0.86. Hilltop Holdings Inc. has a 52 week low of $16.43 and a 52 week high of $24.05. The stock has a fifty day simple moving average of $22.68 and a 200-day simple moving average of $20.56.

Hilltop (NYSE:HTH) last issued its earnings results on Thursday, July 25th. The financial services provider reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.24. The firm had revenue of $420.75 million during the quarter, compared to analyst estimates of $380.83 million. Hilltop had a net margin of 9.56% and a return on equity of 8.02%. During the same quarter last year, the business earned $0.35 earnings per share. As a group, sell-side analysts predict that Hilltop Holdings Inc. will post 1.91 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 15th were given a dividend of $0.08 per share. The ex-dividend date was Wednesday, August 14th. This represents a $0.32 dividend on an annualized basis and a yield of 1.35%. Hilltop’s dividend payout ratio is presently 25.00%.

Several research firms recently weighed in on HTH. Stephens set a $24.00 price target on shares of Hilltop and gave the company a “hold” rating in a research report on Friday, August 23rd. Raymond James upgraded shares of Hilltop from a “market perform” rating to an “outperform” rating and set a $26.00 price target for the company in a research report on Thursday, August 29th. Finally, TheStreet upgraded shares of Hilltop from a “c+” rating to a “b-” rating in a research report on Friday, July 19th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $23.42.

A number of large investors have recently modified their holdings of HTH. Hodges Capital Management Inc. raised its stake in Hilltop by 7.2% in the second quarter. Hodges Capital Management Inc. now owns 630,546 shares of the financial services provider’s stock valued at $13,412,000 after purchasing an additional 42,555 shares in the last quarter. Maltese Capital Management LLC raised its stake in Hilltop by 63.9% in the second quarter. Maltese Capital Management LLC now owns 336,139 shares of the financial services provider’s stock valued at $7,150,000 after purchasing an additional 131,009 shares in the last quarter. Nuveen Asset Management LLC purchased a new stake in Hilltop in the second quarter valued at approximately $24,214,000. Price T Rowe Associates Inc. MD raised its stake in Hilltop by 0.3% in the second quarter. Price T Rowe Associates Inc. MD now owns 160,725 shares of the financial services provider’s stock valued at $3,419,000 after purchasing an additional 524 shares in the last quarter. Finally, UBS Asset Management Americas Inc. raised its stake in Hilltop by 11.5% in the second quarter. UBS Asset Management Americas Inc. now owns 76,043 shares of the financial services provider’s stock valued at $1,617,000 after purchasing an additional 7,839 shares in the last quarter. Hedge funds and other institutional investors own 62.09% of the company’s stock.

Hilltop Company Profile

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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