Hilltop Holdings Inc. (HTH) Director Buys $250,800.00 in Stock

Hilltop Holdings Inc. (NYSE:HTH) Director Gerald J. Ford acquired 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 22nd. The shares were purchased at an average cost of $25.08 per share, for a total transaction of $250,800.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of Hilltop Holdings Inc. (NYSE HTH) traded down $0.03 on Thursday, reaching $25.18. The company’s stock had a trading volume of 322,700 shares, compared to its average volume of 344,076. The firm has a market cap of $2,422.69, a P/E ratio of 16.04 and a beta of 1.04. Hilltop Holdings Inc. has a 52-week low of $21.47 and a 52-week high of $30.60. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.99 and a quick ratio of 0.82.

The business also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.95%. The ex-dividend date was Tuesday, November 14th. Hilltop’s payout ratio is presently 15.29%.

Several equities research analysts recently weighed in on HTH shares. Piper Jaffray Companies reissued a “hold” rating and set a $30.00 price objective on shares of Hilltop in a report on Friday, September 1st. Keefe, Bruyette & Woods reissued a “neutral” rating on shares of Hilltop in a report on Tuesday, September 12th. Zacks Investment Research downgraded Hilltop from a “hold” rating to a “sell” rating in a report on Friday, October 6th. Finally, ValuEngine raised Hilltop from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $33.30.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. FMR LLC lifted its holdings in Hilltop by 0.6% during the 2nd quarter. FMR LLC now owns 6,304,653 shares of the financial services provider’s stock worth $165,245,000 after buying an additional 35,179 shares during the period. Vanguard Group Inc. lifted its holdings in Hilltop by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 5,909,111 shares of the financial services provider’s stock worth $154,877,000 after buying an additional 28,889 shares during the period. Stephens Investment Management Group LLC lifted its holdings in Hilltop by 1.8% during the 3rd quarter. Stephens Investment Management Group LLC now owns 1,589,721 shares of the financial services provider’s stock worth $41,333,000 after buying an additional 27,692 shares during the period. Allianz Asset Management GmbH acquired a new position in Hilltop during the 3rd quarter worth about $28,694,000. Finally, Northern Trust Corp lifted its holdings in Hilltop by 0.9% during the 2nd quarter. Northern Trust Corp now owns 968,261 shares of the financial services provider’s stock worth $25,378,000 after buying an additional 8,696 shares during the period. 56.50% of the stock is currently owned by hedge funds and other institutional investors.

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About Hilltop

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).

Insider Buying and Selling by Quarter for Hilltop (NYSE:HTH)

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