Hilltop Holdings Inc. (NYSE:HTH) gapped up before the market opened on Thursday . The stock had previously closed at $20.61, but opened at $20.68. Hilltop Holdings shares last traded at $20.86, with a volume of 97,904 shares.

HTH has been the topic of a number of recent research reports. FBR & Co initiated coverage on Hilltop Holdings in a research report on Thursday, March 31st. They issued a “market perform” rating and a $20.50 target price on the stock. TheStreet upgraded Hilltop Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, March 30th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $24.10.

The company has a 50 day moving average price of $20.61 and a 200 day moving average price of $18.59. The stock has a market cap of $2.06 billion and a price-to-earnings ratio of 16.72.

Hilltop Holdings (NYSE:HTH) last announced its quarterly earnings data on Friday, April 29th. The company reported $0.28 EPS for the quarter, missing the Zacks’ consensus estimate of $0.33 by $0.05. During the same period last year, the business earned $1.13 earnings per share.

In other news, CEO Jerry Schaffner sold 6,000 shares of the business’s stock in a transaction dated Tuesday, June 7th. The stock was sold at an average price of $21.00, for a total transaction of $126,000.00. Following the completion of the transaction, the chief executive officer now directly owns 145,805 shares of the company’s stock, valued at $3,061,905. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Several institutional investors recently made changes to their positions in the company. Strs Ohio increased its position in shares of Hilltop Holdings by 3.8% in the fourth quarter. Strs Ohio now owns 52,400 shares of the company’s stock worth $1,007,000 after buying an additional 1,900 shares in the last quarter. US Bancorp DE boosted its stake in Hilltop Holdings by 11.6% in the fourth quarter. US Bancorp DE now owns 55,380 shares of the company’s stock valued at $1,064,000 after buying an additional 5,774 shares during the last quarter. Bragg Financial Advisors Inc boosted its stake in Hilltop Holdings by 6.6% in the fourth quarter. Bragg Financial Advisors Inc now owns 94,697 shares of the company’s stock valued at $1,820,000 after buying an additional 5,850 shares during the last quarter. Bank of Montreal Can boosted its stake in Hilltop Holdings by 1,047.9% in the fourth quarter. Bank of Montreal Can now owns 125,668 shares of the company’s stock valued at $2,415,000 after buying an additional 114,720 shares during the last quarter. Finally, California State Teachers Retirement System boosted its stake in Hilltop Holdings by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 141,080 shares of the company’s stock valued at $2,712,000 after buying an additional 2,200 shares during the last quarter.

Hilltop Holdings Inc is a financial holding Company. The Company provides business and consumer banking services through PlainsCapital Corporation (PlainsCapital). It offers financial products and services through its business units: PlainsCapital, a financial holding company that provides banking services, residential mortgage lending, wealth and investment management and treasury management; Hilltop Securities Holdings LLC, a holding company that provides investment banking and other related financial services, including municipal advisory, sales, trading and underwriting of taxable and tax-exempt fixed income securities, equity trading, clearing, securities lending, structured finance and retail brokerage services, and National Lloyds Corporation, a property and casualty insurance holding company that provides fire and homeowners insurance to low value dwellings and manufactured homes.

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