2 weeks Ago By ABMN Staff
Renaissance Technologies LLC trimmed its holdings in shares of Hilltop Holdings Inc. ( NYSE:HTH – Free Report ) by 5.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 149,484 shares of the financial services provider’s stock after selling 7,900 shares during the period. Renaissance Technologies LLC’s holdings in Hilltop were worth $4,676,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also recently bought and sold shares of the company.
Quest Partners LLC increased its stake in shares of Hilltop by 1.3% in the 2nd quarter. Quest Partners LLC now owns 29,978 shares of the financial services provider’s stock valued at $938,000 after buying an additional 375 shares during the period.
Victory Capital Management Inc. increased its stake in shares of Hilltop by 11.5% in the 2nd quarter.
Victory Capital Management Inc. now owns 24,766 shares of the financial services provider’s stock valued at $775,000 after buying an additional 2,545 shares during the period. Hodges Capital Management Inc.
increased its stake in shares of Hilltop by 2.6% in the 2nd quarter. Hodges Capital Management Inc.
now owns 472,101 shares of the financial services provider’s stock valued at $14,767,000 after buying an additional 12,106 shares during the period. Versor Investments LP acquired a new stake in shares of Hilltop in the 2nd quarter valued at $394,000. Finally, Innealta Capital LLC acquired a new stake in shares of Hilltop in the 2nd quarter valued at $69,000.
57.13% of the stock is owned by institutional investors and hedge funds. Hilltop Stock Down 0.
3 % NYSE:HTH opened at $31.56 on Friday. Hilltop Holdings Inc.
has a 12-month low of $26.78 and a 12-month high of $35.66.
The firm has a market capitalization of $2.06 billion, a P/E ratio of 18.45 and a beta of 1.
13. The stock’s fifty day simple moving average is $32.13 and its 200-day simple moving average is $31.
16. Hilltop Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 16th were issued a dividend of $0.
17 per share. The ex-dividend date was Friday, August 16th. This represents a $0.
68 annualized dividend and a yield of 2.15%. Hilltop’s dividend payout ratio is presently 39.
77%. Analyst Ratings Changes Several equities research analysts have recently commented on HTH shares. Stephens lifted their target price on Hilltop from $33.
00 to $34.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 30th. StockNews.
com upgraded Hilltop from a “sell” rating to a “hold” rating in a research report on Tuesday, August 20th. Finally, Keefe, Bruyette & Woods raised their price target on Hilltop from $33.00 to $35.
00 and gave the stock a “market perform” rating in a research report on Monday, July 29th. Four research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Hilltop currently has an average rating of “Hold” and a consensus price target of $34.
50. Get Our Latest Research Report on HTH Insiders Place Their Bets In other Hilltop news, Director Hill A. Feinberg sold 17,157 shares of Hilltop stock in a transaction dated Thursday, August 29th.
The stock was sold at an average price of $32.99, for a total transaction of $566,009.43.
Following the transaction, the director now directly owns 544,979 shares in the company, valued at $17,978,857.21. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink .
Corporate insiders own 28.90% of the company’s stock. 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. See Also 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. ( NYSE:HTH – Free Report ). Receive News & Ratings for Hilltop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilltop and related companies with MarketBeat.
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