ValuEngine upgraded shares of Hilltop (NYSE:HTH) from a sell rating to a hold rating in a report published on Thursday, ValuEngine reports.

Several other analysts have also commented on HTH. Zacks Investment Research lowered shares of Hilltop from a hold rating to a sell rating in a research report on Wednesday, January 30th. Piper Jaffray Companies raised shares of Hilltop from a neutral rating to an overweight rating and set a $21.00 price objective on the stock in a research report on Thursday, March 28th. Stephens reaffirmed a hold rating and issued a $19.00 price objective on shares of Hilltop in a research report on Wednesday, December 19th. Finally, Compass Point reaffirmed a buy rating and issued a $21.50 price objective (down previously from $25.00) on shares of Hilltop in a research report on Monday, January 28th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of $21.38.

Hilltop stock opened at $20.12 on Thursday. Hilltop has a fifty-two week low of $16.43 and a fifty-two week high of $24.94. The stock has a market cap of $1.88 billion, a P/E ratio of 15.72 and a beta of 0.83. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.87 and a current ratio of 1.00.

Hilltop (NYSE:HTH) last released its quarterly earnings results on Thursday, January 24th. The financial services provider reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.14). Hilltop had a return on equity of 6.24% and a net margin of 7.58%. The firm had revenue of $356.23 million for the quarter, compared to analysts’ expectations of $367.43 million. During the same quarter last year, the firm posted $0.14 earnings per share. As a group, research analysts anticipate that Hilltop will post 1.48 earnings per share for the current year.

In other news, CEO Alan B. White sold 69,029 shares of the business’s stock in a transaction that occurred on Thursday, February 28th. The shares were sold at an average price of $19.36, for a total value of $1,336,401.44. Following the sale, the chief executive officer now owns 214,150 shares of the company’s stock, valued at $4,145,944. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Alan B. White sold 8,657 shares of the business’s stock in a transaction that occurred on Tuesday, February 26th. The shares were sold at an average price of $19.40, for a total transaction of $167,945.80. Following the completion of the sale, the chief executive officer now directly owns 214,150 shares in the company, valued at approximately $4,154,510. The disclosure for this sale can be found here. Insiders own 22.30% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc raised its position in shares of Hilltop by 1.3% in the third quarter. Vanguard Group Inc now owns 6,368,046 shares of the financial services provider’s stock valued at $128,443,000 after purchasing an additional 78,963 shares during the period. Vanguard Group Inc. raised its position in shares of Hilltop by 1.3% in the third quarter. Vanguard Group Inc. now owns 6,368,046 shares of the financial services provider’s stock valued at $128,443,000 after purchasing an additional 78,963 shares during the period. BlackRock Inc. raised its position in shares of Hilltop by 2.1% in the fourth quarter. BlackRock Inc. now owns 5,143,781 shares of the financial services provider’s stock valued at $91,714,000 after purchasing an additional 104,101 shares during the period. Norges Bank bought a new stake in shares of Hilltop in the fourth quarter valued at approximately $23,617,000. Finally, American Century Companies Inc. raised its position in shares of Hilltop by 26.3% in the fourth quarter. American Century Companies Inc. now owns 1,280,169 shares of the financial services provider’s stock valued at $22,825,000 after purchasing an additional 266,780 shares during the period. 61.21% of the stock is currently owned by institutional investors.

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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Analyst Recommendations for Hilltop (NYSE:HTH)

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