Syntal Capital Partners LLC raised its position in shares of Hilltop Holdings Inc. (NYSE:HTH) by 124.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,065 shares of the financial services provider’s stock after purchasing an additional 10,020 shares during the period. Syntal Capital Partners LLC’s holdings in Hilltop were worth $457,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of HTH. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Hilltop by 9.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,996 shares of the financial services provider’s stock worth $105,000 after purchasing an additional 348 shares in the last quarter. Zions Bancorporation purchased a new stake in shares of Hilltop during the 3rd quarter worth about $109,000. Victory Capital Management Inc. raised its stake in shares of Hilltop by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 6,638 shares of the financial services provider’s stock worth $174,000 after purchasing an additional 994 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Hilltop during the 2nd quarter worth about $241,000. Finally, Principal Financial Group Inc. raised its stake in shares of Hilltop by 2.1% during the 2nd quarter. Principal Financial Group Inc. now owns 9,246 shares of the financial services provider’s stock worth $242,000 after purchasing an additional 186 shares in the last quarter. 56.50% of the stock is owned by institutional investors.
Hilltop Holdings Inc. (NYSE HTH) opened at $26.64 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.82 and a current ratio of 0.99. The company has a market capitalization of $2,557.93, a PE ratio of 16.97 and a beta of 1.04. Hilltop Holdings Inc. has a fifty-two week low of $21.47 and a fifty-two week high of $29.54.
Hilltop (NYSE:HTH) last issued its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.31 EPS for the quarter, missing the Zacks’ consensus estimate of $0.43 by ($0.12). Hilltop had a net margin of 9.00% and a return on equity of 8.16%. analysts expect that Hilltop Holdings Inc. will post 1.46 earnings per share for the current year.
A number of research firms have recently weighed in on HTH. Zacks Investment Research raised Hilltop from a “sell” rating to a “hold” rating and set a $30.00 price target for the company in a research note on Wednesday, January 10th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $30.00 price target on shares of Hilltop in a research note on Thursday, October 19th. Finally, ValuEngine raised Hilltop from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $33.50.
In related news, Director Gerald J. Ford acquired 10,000 shares of the stock in a transaction dated Friday, December 22nd. The shares were acquired at an average price of $25.08 per share, with a total value of $250,800.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 22.60% of the company’s stock.
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Hilltop Company Profile
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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