Hilltop (NYSE:HTH) was downgraded by stock analysts at TheStreet from a “b” rating to a “c+” rating in a note issued to investors on Monday, TheStreetRatingsTable reports.

Several other equities research analysts have also weighed in on the stock. ValuEngine upgraded shares of Hilltop from a “sell” rating to a “hold” rating in a report on Thursday, April 18th. Piper Jaffray Companies upgraded shares of Hilltop from a “neutral” rating to an “overweight” rating and set a $21.00 target price on the stock in a report on Thursday, March 28th. Finally, Zacks Investment Research upgraded shares of Hilltop from a “hold” rating to a “strong-buy” rating and set a $24.00 target price on the stock in a report on Tuesday, April 30th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $21.90.

Shares of HTH stock opened at $20.37 on Monday. Hilltop has a 52-week low of $16.43 and a 52-week high of $23.81. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 15.91 and a beta of 0.88. The company has a current ratio of 0.98, a quick ratio of 0.88 and a debt-to-equity ratio of 0.03.

Hilltop (NYSE:HTH) last announced its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.15. Hilltop had a net margin of 8.30% and a return on equity of 6.90%. The firm had revenue of $361.40 million for the quarter, compared to analysts’ expectations of $335.96 million. During the same period last year, the firm earned $0.25 earnings per share. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. As a group, equities analysts anticipate that Hilltop will post 1.65 earnings per share for the current year.

In other news, insider Hill A. Feinberg sold 40,000 shares of Hilltop stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $20.26, for a total value of $810,400.00. Following the completion of the transaction, the insider now owns 809,153 shares of the company’s stock, valued at approximately $16,393,439.78. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 22.30% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. TCG Advisors LP bought a new stake in shares of Hilltop during the 1st quarter valued at $29,000. Quantamental Technologies LLC bought a new stake in shares of Hilltop during the 4th quarter valued at $35,000. SG Americas Securities LLC bought a new stake in shares of Hilltop during the 4th quarter valued at $178,000. Great West Life Assurance Co. Can boosted its holdings in shares of Hilltop by 34.5% during the 1st quarter. Great West Life Assurance Co. Can now owns 11,030 shares of the financial services provider’s stock valued at $201,000 after buying an additional 2,829 shares in the last quarter. Finally, Trexquant Investment LP bought a new stake in shares of Hilltop during the 1st quarter valued at $201,000. 60.89% of the stock is owned by institutional investors and hedge funds.

Hilltop Company Profile

Hilltop Holdings Inc provides banking and financial products and services. The company operates in four segments: Banking, Broker-Dealer, Mortgage Origination, and Insurance. 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, equipment loans and leases, agricultural and commercial real estate loans, and other loans; and commercial and industrial loans, and term and construction finance.

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Analyst Recommendations for Hilltop (NYSE:HTH)

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