Hilltop Holdings Inc. (NYSE:HTH)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $19.74 and last traded at $19.83, with a volume of 10952 shares traded. The stock had previously closed at $19.99.

A number of equities analysts recently issued reports on HTH shares. ValuEngine cut shares of Hilltop from a “hold” rating to a “sell” rating in a research note on Friday, June 15th. Zacks Investment Research upgraded shares of Hilltop from a “strong sell” rating to a “hold” rating in a research note on Monday, July 2nd. Finally, Compass Point raised Hilltop from a “neutral” rating to a “buy” rating and set a $25.00 target price for the company in a research report on Tuesday, July 31st. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $27.50.

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.00 and a quick ratio of 0.82. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 11.60 and a beta of 0.96.

Hilltop (NYSE:HTH) last issued its earnings results on Thursday, July 26th. The financial services provider reported $0.35 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.40 by ($0.05). Hilltop had a return on equity of 6.76% and a net margin of 6.17%. The business had revenue of $384.28 million during the quarter, compared to analysts’ expectations of $392.27 million. During the same period last year, the firm posted $0.63 EPS. Analysts anticipate that Hilltop Holdings Inc. will post 1.54 earnings per share for the current year.

In other Hilltop news, insider Keith E. Bornemann sold 1,500 shares of the business’s stock in a transaction dated Thursday, August 30th. The stock was sold at an average price of $20.68, for a total value of $31,020.00. Following the completion of the transaction, the insider now owns 8,270 shares of the company’s stock, valued at approximately $171,023.60. The sale was disclosed in a legal filing with the SEC, which is available through this link. 22.30% of the stock is currently owned by insiders.

Large investors have recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. purchased a new position in Hilltop in the 2nd quarter worth about $588,000. Carillon Tower Advisers Inc. raised its position in Hilltop by 6.8% in the 2nd quarter. Carillon Tower Advisers Inc. now owns 131,459 shares of the financial services provider’s stock worth $2,901,000 after buying an additional 8,384 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in Hilltop by 3.0% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 375,586 shares of the financial services provider’s stock worth $8,290,000 after buying an additional 10,836 shares during the last quarter. SG Americas Securities LLC raised its position in Hilltop by 44.8% in the 2nd quarter. SG Americas Securities LLC now owns 9,928 shares of the financial services provider’s stock worth $219,000 after buying an additional 3,071 shares during the last quarter. Finally, Royce & Associates LP raised its position in Hilltop by 23.3% in the 2nd quarter. Royce & Associates LP now owns 706,022 shares of the financial services provider’s stock worth $15,582,000 after buying an additional 133,475 shares during the last quarter. 59.37% of the stock is owned by institutional investors and hedge funds.

Hilltop Company Profile (NYSE:HTH)

Hilltop Holdings Inc provides banking and financial products and services. Its 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, equipment loans and leases, agricultural and commercial real estate loans, and other loans; and commercial, industrial, and single family residential mortgage loans.

Featured Article: What are the risks of holding treasury bonds?

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.com's FREE daily email newsletter.