Scout Investments Inc. lessened its holdings in shares of Hilltop Holdings Inc. (NYSE:HTH – Get Rating) by 2.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 188,785 shares of the financial services provider's stock after selling 5,347 shares during the period. Scout Investments Inc. owned 0.29% of Hilltop worth $4,691,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of HTH. Captrust Financial Advisors lifted its holdings in Hilltop by 16.7% during the 2nd quarter. Captrust Financial Advisors now owns 3,192 shares of the financial services provider's stock worth $85,000 after buying an additional 456 shares during the period. Neo Ivy Capital Management acquired a new stake in Hilltop in the second quarter worth $121,000. Convergence Investment Partners LLC acquired a new position in Hilltop during the 2nd quarter worth approximately $134,000. SG Americas Securities LLC acquired a new stake in Hilltop in the 2nd quarter valued at $160,000. Finally, Point72 Hong Kong Ltd acquired a new position in Hilltop during the 1st quarter valued at about $184,000. Institutional investors own 79.46% of the company's stock.

Insider Transactions at Hilltop

In other news, Director Hill A. Feinberg sold 10,000 shares of Hilltop stock in a transaction that occurred on Thursday, December 1st. The shares were sold at an average price of $29.53, for a total value of $295,300.00. Following the completion of the sale, the director now directly owns 610,136 shares in the company, valued at $18,017,316.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Hill A. Feinberg sold 10,000 shares of Hilltop stock in a transaction on Thursday, December 1st. The stock was sold at an average price of $29.53, for a total value of $295,300.00. Following the completion of the sale, the director now owns 610,136 shares of the company's stock, valued at $18,017,316.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Keith E. Bornemann sold 3,000 shares of the firm's stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $29.21, for a total value of $87,630.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,013 shares in the company, valued at $321,689.73. The disclosure for this sale can be found here. Company insiders own 22.30% of the company's stock.

Wall Street Analysts Forecast Growth

Hilltop Trading Up 0.9 %

HTH stock opened at $29.70 on Friday. Hilltop Holdings Inc. has a 12-month low of $24.18 and a 12-month high of $38.23. The firm's 50-day moving average price is $28.86 and its two-hundred day moving average price is $27.69. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 14.78 and a beta of 1.10.

Hilltop (NYSE:HTH – Get Rating) last released its quarterly earnings results on Thursday, October 20th. The financial services provider reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.28. Hilltop had a net margin of 10.11% and a return on equity of 6.54%. The business had revenue of $330.46 million for the quarter, compared to analysts' expectations of $307.69 million. During the same quarter in the previous year, the business posted $1.15 earnings per share. Equities analysts predict that Hilltop Holdings Inc. will post 1.53 EPS for the current year.

Hilltop Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 25th. Investors of record on Friday, November 11th were issued a $0.15 dividend. The ex-dividend date was Wednesday, November 9th. This represents a $0.60 dividend on an annualized basis and a yield of 2.02%. Hilltop's payout ratio is currently 29.85%.

About Hilltop

(Get Rating)

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 and leases, agricultural and commercial real estate loans, and other loans; and commercial and industrial loans, and term and construction finance.

Featured Stories

• Get a free copy of the StockNews.com research report on Hilltop (HTH)
• MarketBeat: Week in Review 12/19 – 12/23
• These Steelmakers Deserve A Place On Your 2023 Watch List
• Inflation Cools, Where Does The S&P 500 Go Now
• Cintas Beats Inflation With Operating Leverage
• Your Decision to Buy Palantir May Simply Be a Matter of Time

Want to see what other hedge funds are holding HTH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilltop Holdings Inc. (NYSE:HTH – Get Rating).

Receive News & Ratings for Hilltop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilltop and related companies with MarketBeat.com's FREE daily email newsletter.