News coverage about Hilltop (NYSE:HTH) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hilltop earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 46.3284374179683 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of analysts have weighed in on HTH shares. ValuEngine upgraded Hilltop from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research upgraded Hilltop from a “sell” rating to a “hold” rating and set a $30.00 price target on the stock in a research note on Wednesday, January 10th. Stephens cut Hilltop from an “overweight” rating to an “equal weight” rating in a research note on Monday, January 29th. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $30.00 price target on shares of Hilltop in a research note on Sunday, January 28th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. Hilltop presently has a consensus rating of “Hold” and a consensus target price of $33.50.
Hilltop (NYSE:HTH) traded down $0.34 on Wednesday, hitting $24.95. The stock had a trading volume of 355,996 shares, compared to its average volume of 393,974. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.01 and a quick ratio of 0.85. Hilltop has a twelve month low of $21.47 and a twelve month high of $28.86. The firm has a market capitalization of $2,449.61, a PE ratio of 18.48 and a beta of 1.12.
Hilltop (NYSE:HTH) last posted its earnings results on Thursday, January 25th. The financial services provider reported $0.44 EPS for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.02. Hilltop had a return on equity of 8.46% and a net margin of 7.74%. The business had revenue of $399.15 million for the quarter, compared to analysts’ expectations of $390.05 million. equities research analysts forecast that Hilltop will post 2.01 earnings per share for the current fiscal year.
Hilltop announced that its board has approved a share buyback program on Thursday, January 25th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the financial services provider to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Thursday, February 15th were given a dividend of $0.07 per share. The ex-dividend date was Wednesday, February 14th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.12%. This is a boost from Hilltop’s previous quarterly dividend of $0.06. Hilltop’s payout ratio is 20.74%.
In other news, Director Gerald J. Ford bought 10,000 shares of the business’s stock in a transaction dated Friday, December 22nd. The shares were acquired at an average price of $25.08 per share, for a total transaction of $250,800.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 22.50% of the stock is currently owned by insiders.
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).
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