Hilltop Holdings Inc. (NYSE:HTH) Shares Acquired by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp increased its position in Hilltop Holdings Inc. (NYSE:HTH – Free Report) by 109.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 118,600 shares of the financial services provider’s stock after acquiring an additional 62,100 shares during the period. OMERS ADMINISTRATION Corp owned approximately 0.18% of Hilltop worth $3,519,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Hilltop by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 6,551,143 shares of the financial services provider’s stock worth $192,605,000 after acquiring an additional 109,157 shares during the period. State Street Corp grew its holdings in Hilltop by 8.9% during the 1st quarter. State Street Corp now owns 3,571,566 shares of the financial services provider’s stock valued at $105,004,000 after buying an additional 291,456 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its holdings in Hilltop by 0.6% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,567,251 shares of the financial services provider’s stock valued at $46,077,000 after buying an additional 8,634 shares during the last quarter. Jennison Associates LLC grew its holdings in Hilltop by 40.6% during the 1st quarter. Jennison Associates LLC now owns 1,134,186 shares of the financial services provider’s stock valued at $33,651,000 after buying an additional 327,605 shares during the last quarter. Finally, Capital Research Global Investors grew its holdings in Hilltop by 5.9% during the 1st quarter. Capital Research Global Investors now owns 900,000 shares of the financial services provider’s stock valued at $26,460,000 after buying an additional 50,000 shares during the last quarter. Institutional investors and hedge funds own 54.29% of the company’s stock.

Hilltop Trading Up 1.4 %

Shares of Hilltop stock traded up $0.44 during trading hours on Friday, reaching $30.83. 59,906 shares of the company’s stock were exchanged, compared to its average volume of 352,322. Hilltop Holdings Inc. has a 52-week low of $24.18 and a 52-week high of $34.87. The firm has a market capitalization of $2.01 billion, a price-to-earnings ratio of 19.35 and a beta of 1.05. The company has a fifty day moving average of $30.83 and a 200-day moving average of $30.90.

Hilltop (NYSE:HTH – Get Free Report) last issued its quarterly earnings results on Thursday, July 20th. The financial services provider reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.16). Hilltop had a return on equity of 4.90% and a net margin of 6.90%. The business had revenue of $308.92 million for the quarter, compared to analysts’ expectations of $305.38 million. On average, equities research analysts anticipate that Hilltop Holdings Inc. will post 1.49 earnings per share for the current fiscal year.

Hilltop Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 25th. Investors of record on Friday, August 11th were given a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 2.08%. The ex-dividend date was Thursday, August 10th. Hilltop’s dividend payout ratio (DPR) is currently 40.76%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on HTH shares. StockNews.com started coverage on Hilltop in a report on Thursday, August 17th. They set a “sell” rating on the stock. Stephens lowered their target price on Hilltop from $34.00 to $32.00 and set an “equal weight” rating on the stock in a report on Monday, July 24th. Finally, TheStreet cut Hilltop from a “b-” rating to a “c+” rating in a report on Monday, July 24th.

Get Our Latest Analysis on HTH

Hilltop Profile

(Free Report)

Hilltop Holdings Inc provides business and consumer banking, and financial products and 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, equipment loans, agricultural and commercial real estate loans, and other loans; and commercial and industrial loans, and term and construction finance.

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