Key Points
- CAO Keith Bornemann sold 2,200 shares on November 25 at an average price of $35 for a $77,000 transaction, leaving him with 8,692 shares—a 20.20% reduction in his ownership per the SEC filing.
- Hilltop shares traded at $34.63 (down $0.22) with a market cap of $2.12B and a P/E of 13.8; the company paid a quarterly dividend of $0.18 (a 2.1% yield) and reported Q3 EPS of $0.74, beating estimates.
- Sell‑side coverage skews toward a consensus "Hold" rating with a $34.00 target (one Buy, four Holds), and institutional investors own roughly 57.13% of the stock.
Hilltop Holdings Inc. (NYSE:HTH - Get Free Report) CAO Keith Bornemann sold 2,200 shares of the business's stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $35.00, for a total transaction of $77,000.00. Following the completion of the sale, the chief accounting officer owned 8,692 shares in the company, valued at $304,220. This represents a 20.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Hilltop Price Performance
Shares of NYSE HTH traded down $0.22 on Thursday, hitting $34.63. The company's stock had a trading volume of 492,429 shares, compared to its average volume of 371,902. The stock has a 50 day moving average of $33.12 and a 200-day moving average of $32.04. The company has a market capitalization of $2.12 billion, a price-to-earnings ratio of 13.80 and a beta of 0.91. Hilltop Holdings Inc. has a 12-month low of $26.67 and a 12-month high of $36.13.
Hilltop (NYSE:HTH - Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.25. Hilltop had a return on equity of 7.18% and a net margin of 9.86%.The firm had revenue of $330.20 million during the quarter, compared to the consensus estimate of $309.68 million. During the same period in the previous year, the firm posted $0.46 EPS. Sell-side analysts expect that Hilltop Holdings Inc. will post 1.51 EPS for the current fiscal year.
Hilltop Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Friday, November 7th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Friday, November 7th. Hilltop's dividend payout ratio is 28.69%.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the stock. Stephens upped their price objective on shares of Hilltop from $35.00 to $36.00 and gave the company an "equal weight" rating in a research note on Monday, October 27th. Zacks Research lowered Hilltop from a "strong-buy" rating to a "hold" rating in a research note on Friday, November 14th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Hilltop in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $34.00.
Check Out Our Latest Research Report on HTH
Institutional Trading of Hilltop
A number of institutional investors have recently modified their holdings of the company. Smartleaf Asset Management LLC increased its position in Hilltop by 42.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,334 shares of the financial services provider's stock worth $45,000 after purchasing an additional 399 shares in the last quarter. EntryPoint Capital LLC raised its stake in shares of Hilltop by 4.4% in the 1st quarter. EntryPoint Capital LLC now owns 10,736 shares of the financial services provider's stock valued at $327,000 after acquiring an additional 454 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Hilltop by 41.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,983 shares of the financial services provider's stock valued at $66,000 after acquiring an additional 583 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Hilltop by 6.1% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,695 shares of the financial services provider's stock worth $355,000 after purchasing an additional 674 shares during the period. Finally, Teacher Retirement System of Texas raised its position in Hilltop by 4.3% in the third quarter. Teacher Retirement System of Texas now owns 18,573 shares of the financial services provider's stock valued at $621,000 after purchasing an additional 761 shares during the period. Hedge funds and other institutional investors own 57.13% of the company's stock.
Hilltop Company Profile
(
Get Free Report)
Hilltop Holdings Inc provides business and consumer banking services. It operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. 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, term, agricultural and commercial real estate, equipment loans, and other lending products; and mortgage, commercial and industrial loans, and term and construction finance.
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