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

  • 1/30/2019 – Hilltop was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 1/30/2019 – Hilltop 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 past year. Also, it doesn’t have an impressive earnings surprise history. The company was unable to surpass the Zacks Consensus Estimate in any of the trailing four quarters. The bank's fourth-quarter 2018 results were adversely impacted by lower non-interest income and a rise in provision for credit losses. Pressure on margins (despite rise in interest rates) remains a major concern for the company. Although rise in demand for loans, inorganic growth efforts and strong balance sheet position are expected to support growth, weakness in mortgage origination segment will hurt the company’s profitability to an extent.”
  • 1/28/2019 – Hilltop had its “buy” rating reaffirmed by analysts at Compass Point. They now have a $21.50 price target on the stock, down previously from $25.00.
  • 1/25/2019 – Hilltop had its “hold” rating reaffirmed by analysts at Stephens. They now have a $19.00 price target on the stock.
  • 1/15/2019 – Hilltop was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Hilltop Holdings’ shares have outperformed the industry in the past three months. The company’s earnings surpassed the Zacks Consensus Estimate in only one of the trailing four quarters. Earnings estimates have remained stable ahead of the company's fourth-quarter 2018 results. The company is expected to witness further increase in net interest income driven by rise in demand for loans. Moreover, strong balance sheet position, higher rates and inorganic growth plans are likely to support the company’s financials. However, elevated expenses due to continued investments in franchise are likely to hurt the bottom line to some extent. Also, pressure on margins (despite rise in interest rates) remains a major concern for the company.”
  • 12/31/2018 – Hilltop was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Hilltop Holdings’ shares have outperformed the industry in the past three months. The company’s earnings surpassed the Zacks Consensus Estimate in only one of the trailing four quarters. Pressure on margins (despite rise in interest rates) remains a major concern for the company. Moreover, elevated expenses due to continued investments in franchise are likely to hurt the bottom line. Further, expectations of decline in mortgage origination volumes might adversely affect the Mortgage Origination segment's performance. Nevertheless, increasing loan demand, strong balance sheet position, higher rates and inorganic growth plans are likely to support the company’s financials.”
  • 12/19/2018 – Hilltop had its “hold” rating reaffirmed by analysts at Stephens. They now have a $19.00 price target on the stock.

Shares of HTH opened at $18.70 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.98 and a debt-to-equity ratio of 0.03. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 14.61 and a beta of 0.83. Hilltop Holdings Inc. has a 12-month low of $16.43 and a 12-month high of $25.88.

Hilltop (NYSE:HTH) last posted its quarterly earnings data on Thursday, January 24th. The financial services provider reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.14). The firm had revenue of $356.23 million during the quarter, compared to analyst estimates of $367.43 million. Hilltop had a net margin of 7.58% and a return on equity of 6.27%. During the same period in the prior year, the firm earned $0.14 EPS. As a group, research analysts anticipate that Hilltop Holdings Inc. will post 1.56 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 28th. Stockholders of record on Friday, February 15th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Thursday, February 14th. This is a positive change from Hilltop’s previous quarterly dividend of $0.07. Hilltop’s payout ratio is currently 21.88%.

In other news, insider Hill A. Feinberg sold 51,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 13th. The shares were sold at an average price of $19.87, for a total value of $1,013,370.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 22.30% of the company’s stock.

Several large investors have recently bought and sold shares of the company. FMR LLC raised its position in shares of Hilltop by 2.4% in the third quarter. FMR LLC now owns 6,832,993 shares of the financial services provider’s stock valued at $137,822,000 after buying an additional 162,562 shares during the last quarter. Vanguard Group Inc. grew its holdings in Hilltop by 1.3% in the third quarter. Vanguard Group Inc. now owns 6,368,046 shares of the financial services provider’s stock valued at $128,443,000 after purchasing an additional 78,963 shares during the period. Vanguard Group Inc grew its holdings in Hilltop by 1.3% in the third quarter. Vanguard Group Inc now owns 6,368,046 shares of the financial services provider’s stock valued at $128,443,000 after purchasing an additional 78,963 shares during the period. Northern Trust Corp grew its holdings in Hilltop by 57.4% in the second quarter. Northern Trust Corp now owns 1,454,311 shares of the financial services provider’s stock valued at $32,095,000 after purchasing an additional 530,298 shares during the period. Finally, American Century Companies Inc. grew its holdings in Hilltop by 231.6% in the third quarter. American Century Companies Inc. now owns 1,013,389 shares of the financial services provider’s stock valued at $20,440,000 after purchasing an additional 707,794 shares during the period. 60.18% of the stock is owned by institutional investors and hedge funds.

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.

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