In a report released yesterday, Wood Lay from KBW maintained a Hold rating on Hilltop Holdings (HTH – Research Report), with a price target of $33.00. The company’s shares closed yesterday at $29.05.
Lay covers the Financial sector, focusing on stocks such as First Financial Northwest, Five Star, and BancFirst. According to TipRanks, Lay has an average return of -4.6% and a 33.33% success rate on recommended stocks.
Hilltop Holdings has an analyst consensus of Hold, with a price target consensus of $32.50.
Based on Hilltop Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $290.2 million and a net profit of $28.67 million. In comparison, last year the company earned a revenue of $293.23 million and had a net profit of $25.56 million
Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HTH in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Hilltop Holdings (HTH) Company Description:
Hilltop Holdings, Inc. engages in the provision of business and consumer banking services. It operates through the following segments: Banking, Broker-Dealer, Mortgage Origination and Insurance. The Banking segment includes business banking, personal banking, wealth and investment management. The Broker-Dealer segment includes the following lines of business: public finance, capital markets, retail, structured finance, clearing services and securities lending. The Mortgage Origination segment, through the Bank’s subsidiary, PrimeLending, handles loan processing, underwriting and closings in-house. The Insurance segment operates through NLC, which provides fire and limited homeowners insurance for low value dwellings and manufactured homes. The company was founded in 1998 and is headquartered in Dallas, TX.
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