Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Hilltop (HTH) Stock Price
News headlines about Hilltop (NYSE:HTH) have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hilltop earned a news impact score of 0.08 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.8587104918739 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Hilltop (NYSE HTH) traded down $0.15 during mid-day trading on Friday, reaching $23.01. 275,520 shares of the company’s stock traded hands, compared to its average volume of 358,282. The stock has a market cap of $2,206.89, a PE ratio of 14.66 and a beta of 1.03. Hilltop has a 1-year low of $21.47 and a 1-year high of $30.60. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.82 and a current ratio of 0.99.
The business also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend is Tuesday, November 14th. Hilltop’s payout ratio is currently 15.29%.
HTH has been the subject of a number of recent research reports. Compass Point raised shares of Hilltop from a “neutral” rating to a “buy” rating and set a $30.50 price objective for the company in a research report on Tuesday, August 1st. ValuEngine raised shares of Hilltop from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. Piper Jaffray Companies reissued a “hold” rating and set a $30.00 price objective on shares of Hilltop in a research report on Friday, September 1st. Zacks Investment Research downgraded shares of Hilltop from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Finally, Keefe, Bruyette & Woods reissued a “neutral” rating on shares of Hilltop in a research report on Tuesday, September 12th. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $33.30.
In other Hilltop news, Director Charles Clifton Robinson bought 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The shares were purchased at an average cost of $23.90 per share, for a total transaction of $239,000.00. Following the transaction, the director now owns 1,265,024 shares of the company’s stock, valued at $30,234,073.60. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 22.60% of the stock is owned by insiders.
Hilltop 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).
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