A number of research firms have changed their ratings and price targets for Hilltop Holdings (NYSE: HTH):

  • 8/9/2017 – Hilltop Holdings was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Hilltop Holdings’ shares have underperformed the industry in the last six months. The company’s second-quarter 2017 earnings surpassed the Zacks Consensus Estimate. Results benefitted from higher interest income, a slight fall in expenses and significantly lower provisions, which were partly offset by lower non-interest income. However, elevated expense levels (owing to continued investments in franchise) remain a key concern. Also, deteriorating performance of its Mortgage Origination segment is expected to hurt financials in the near-term. Nevertheless, improving loan and deposit balances along with gradually easing margin pressure should lead to improvement in interest income.”
  • 8/5/2017 – Hilltop Holdings was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/3/2017 – Hilltop Holdings was upgraded by analysts at Stephens from an “equal weight” rating to an “overweight” rating. They now have a $47.00 price target on the stock, up previously from $31.00.
  • 8/2/2017 – Hilltop Holdings was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Hilltop Holdings’ shares have underperformed the industry in the last six months. The company’s second-quarter 2017 earnings surpassed the Zacks Consensus Estimate. Results benefitted from higher interest income, a slight fall in expenses and significantly lower provisions, which were partly offset by lower non-interest income. However, elevated expense levels (owing to continued investments in franchise) remain a key concern. Also, deteriorating performance of its Mortgage Origination segment is expected to hurt financials in the near-term. Nevertheless, improving loan and deposit balances along with gradually easing margin pressure should lead to improvement in interest income. Moreover, driven by strong balance sheet position, the bank is projected to continue enhancing shareholder value.”
  • 8/2/2017 – Hilltop Holdings was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 8/1/2017 – Hilltop Holdings was upgraded by analysts at Compass Point from a “neutral” rating to a “buy” rating. They now have a $30.50 price target on the stock.
  • 7/28/2017 – Hilltop Holdings was given a new $31.00 price target on by analysts at Stephens. They now have a “buy” rating on the stock.
  • 7/27/2017 – Hilltop Holdings was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/12/2017 – Hilltop Holdings was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/4/2017 – Hilltop Holdings was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $29.00 price target on the stock. According to Zacks, “Hilltop Holdings’ shares significantly underperformed the Zacks categorized Southeast Banks industry in the last six months. Elevated expense levels (owing to continued investments in franchise) and pressure on margins are the near-term concerns. However, with the passage of the Financial Choice Act, the company is likely to increase lending activities, which along with improving loan and deposit balances will lead to improvement in top-line. Moreover, driven by strong balance sheet position, the bank is projected to continue enhancing shareholder value.”
  • 6/27/2017 – Hilltop Holdings was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Hilltop Holdings’ shares underperformed the Zacks categorized Southeast Banks industry in the last six months. Despite a decrease in expenses in the first-quarter of 2017, continued investments in franchise is anticipated to keep overall expenses high going ahead. Also, pressure on margins for the company is expected to persist in the near-term. However, with the passage of the Financial Choice Act, the company is likely to increase lending activities, which along with improving loan and deposit balances will lead to improvement in top-line. Moreover, driven by strong balance sheet position, the bank is projected to continue enhancing shareholder value.”
  • 6/26/2017 – Hilltop Holdings was given a new $31.00 price target on by analysts at Stephens. They now have a “buy” rating on the stock.
  • 6/24/2017 – Hilltop Holdings was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 6/10/2017 – Hilltop Holdings was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Hilltop Holdings Inc. (NYSE HTH) traded down 0.54% on Wednesday, reaching $26.00. 180,099 shares of the company traded hands. The firm has a 50 day moving average price of $25.97 and a 200 day moving average price of $26.86. Hilltop Holdings Inc. has a 52-week low of $21.04 and a 52-week high of $30.60. The stock has a market capitalization of $2.51 billion, a price-to-earnings ratio of 14.55 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. Hilltop Holdings had a return on equity of 9.39% and a net margin of 10.02%. The firm had revenue of $460.67 million during the quarter, compared to analyst estimates of $431.80 million. During the same period in the previous year, the company earned $0.32 EPS. Equities research analysts predict that Hilltop Holdings Inc. will post $1.59 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Investors 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 0.92%. Hilltop Holdings’s dividend payout ratio (DPR) is currently 13.41%.

In related news, insider Hill A. Feinberg sold 225,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $25.82, for a total value of $5,809,500.00. Following the completion of the sale, the insider now directly owns 1,083,878 shares in the company, valued at approximately $27,985,729.96. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Alan B. White sold 79,025 shares of the business’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $26.03, for a total value of $2,057,020.75. Following the completion of the sale, the chief executive officer now owns 216,124 shares of the company’s stock, valued at $5,625,707.72. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 311,525 shares of company stock valued at $8,055,071. Corporate insiders own 22.50% of the company’s stock.

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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