2 weeks Ago By Defense World Staff
Prudential Financial Inc. lifted its holdings in shares of Hilltop Holdings Inc. ( NYSE:HTH – Free Report ) by 20.
5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,554 shares of the financial services provider’s stock after purchasing an additional 9,797 shares during the period. Prudential Financial Inc.
owned about 0.09% of Hilltop worth $1,648,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors also recently made changes to their positions in the company.
Venturi Wealth Management LLC purchased a new stake in Hilltop during the fourth quarter worth about $27,000. Sunbelt Securities Inc. bought a new position in shares of Hilltop during the 3rd quarter valued at approximately $29,000.
Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Hilltop during the 3rd quarter worth approximately $49,000.
KBC Group NV raised its holdings in shares of Hilltop by 64.0% in the 4th quarter. KBC Group NV now owns 2,621 shares of the financial services provider’s stock worth $75,000 after purchasing an additional 1,023 shares during the period.
Finally, FMR LLC lifted its stake in Hilltop by 36.7% in the third quarter. FMR LLC now owns 3,296 shares of the financial services provider’s stock valued at $106,000 after purchasing an additional 885 shares during the last quarter.
57.13% of the stock is owned by hedge funds and other institutional investors. Analyst Ratings Changes A number of analysts have issued reports on the company.
Raymond James raised Hilltop from an “underperform” rating to a “market perform” rating in a research report on Wednesday. Keefe, Bruyette & Woods decreased their price objective on Hilltop from $35.00 to $34.
00 and set a “market perform” rating for the company in a report on Monday, February 3rd. Hilltop Trading Down 1.0 % Hilltop stock opened at $28.
52 on Friday. The firm has a market capitalization of $1.85 billion, a price-to-earnings ratio of 16.
39 and a beta of 1.00. The firm has a 50 day simple moving average of $31.
00 and a 200 day simple moving average of $30.84. Hilltop Holdings Inc.
has a 1-year low of $26.67 and a 1-year high of $35.32.
Hilltop ( NYSE:HTH – Get Free Report ) last released its quarterly earnings data on Thursday, January 30th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.
28 by $0.27. Hilltop had a return on equity of 5.
18% and a net margin of 7.04%. On average, equities research analysts forecast that Hilltop Holdings Inc.
will post 1.51 EPS for the current year. Hilltop Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th.
Stockholders of record on Thursday, February 13th were given a $0.18 dividend. This is a positive change from Hilltop’s previous quarterly dividend of $0.
17. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.
52%. The ex-dividend date of this dividend was Thursday, February 13th. Hilltop’s dividend payout ratio (DPR) is 41.
38%. Hilltop Company Profile ( Free Report ) Hilltop Holdings Inc provides business and consumer banking services. It operates through three segments: Banking, Broker-Dealer, and Mortgage Origination.
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, term, agricultural and commercial real estate, equipment loans, and other lending products; and mortgage, commercial and industrial loans, and term and construction finance. Featured Articles Five stocks we like better than Hilltop Insider Selling Explained: Can it Inform Your Investing Choices? Conagra Stock Could Thrive as Tariffs Hit Other Sectors What Are Dividend Contenders? Investing in Dividend Contenders Grocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey Finds How to invest in marijuana stocks in 7 steps Spotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy? Want to see what other hedge funds are holding HTH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilltop Holdings Inc.
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