Somewhat Positive News Coverage Somewhat Unlikely to Affect Hilltop Holdings (HTH) Share Price
Media coverage about Hilltop Holdings (NYSE:HTH) has been trending somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hilltop Holdings earned a news sentiment score of 0.03 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.2483812039409 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern’s rankings:
- Hilltop Holdings Inc (finance.yahoo.com)
- Hilltop Holdings, Inc. breached its 50 day moving average in a Bearish Manner : HTH-US : August 11, 2017 (finance.yahoo.com)
- IHS Markit Score downgrades Hilltop Holdings Inc to 30 out of 100, ranking positively in two out of three available IHS Markit categories. (finance.yahoo.com)
- See what the IHS Markit Score report has to say about Hilltop Holdings Inc. (finance.yahoo.com)
- Hill A. Feinberg Sells 225,000 Shares of Hilltop Holdings Inc. (NYSE:HTH) Stock (americanbankingnews.com)
Hilltop Holdings (NYSE:HTH) traded down 0.63% on Friday, hitting $25.33. The company’s stock had a trading volume of 597,120 shares. Hilltop Holdings has a 1-year low of $21.04 and a 1-year high of $30.60. The company has a 50 day moving average price of $25.93 and a 200-day moving average price of $26.80. The company has a market capitalization of $2.44 billion, a P/E ratio of 14.17 and a beta of 1.01.
Hilltop Holdings (NYSE:HTH) last posted its earnings results on Thursday, July 27th. The financial services provider reported $0.63 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.20. The company had revenue of $460.67 million for the quarter, compared to analyst estimates of $431.80 million. Hilltop Holdings had a net margin of 10.02% and a return on equity of 9.39%. During the same period last year, the business posted $0.32 earnings per share. On average, equities analysts forecast that Hilltop Holdings will post $1.59 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be issued a $0.06 dividend. The ex-dividend date is Friday, August 11th. This represents a $0.24 annualized dividend and a yield of 0.95%. Hilltop Holdings’s dividend payout ratio (DPR) is presently 13.41%.
A number of research firms have recently weighed in on HTH. Raymond James Financial, Inc. reaffirmed an “underperform” rating on shares of Hilltop Holdings in a report on Thursday. UBS AG cut Hilltop Holdings from a “market perform” rating to an “underperform” rating in a report on Thursday. Zacks Investment Research cut Hilltop Holdings from a “hold” rating to a “sell” rating in a report on Wednesday. BidaskClub cut Hilltop Holdings from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Finally, Stephens raised Hilltop Holdings from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $31.00 to $47.00 in a report on Thursday, August 3rd. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $32.08.
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In other Hilltop Holdings news, insider Hill A. Feinberg sold 225,000 shares of the stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $25.82, for a total value of $5,809,500.00. Following the sale, the insider now directly owns 1,083,878 shares in the company, valued at $27,985,729.96. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Alan B. White sold 79,025 shares of the stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $26.03, for a total transaction of $2,057,020.75. Following the completion of the sale, the chief executive officer now owns 216,124 shares in the company, valued at $5,625,707.72. The disclosure for this sale can be found here. Over the last quarter, insiders sold 311,525 shares of company stock worth $8,055,071. Company insiders own 22.60% of the company’s stock.
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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