Hilltop Holdings Inc. (NYSE:HTH) Shares Bought by Barclays PLC

Barclays PLC grew its holdings in Hilltop Holdings Inc. (NYSE:HTH - Free Report) by 112.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 106,619 shares of the financial services provider's stock after acquiring an additional 56,537 shares during the quarter. Barclays PLC owned about 0.16% of Hilltop worth $3,428,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Quest Partners LLC raised its position in Hilltop by 61.4% during the 3rd quarter. Quest Partners LLC now owns 48,393 shares of the financial services provider's stock worth $1,556,000 after buying an additional 18,415 shares during the last quarter. State Street Corp lifted its holdings in shares of Hilltop by 4.4% in the 3rd quarter. State Street Corp now owns 2,568,227 shares of the financial services provider's stock valued at $82,594,000 after buying an additional 107,348 shares during the period. Versor Investments LP boosted its stake in shares of Hilltop by 171.4% in the third quarter. Versor Investments LP now owns 34,200 shares of the financial services provider's stock valued at $1,100,000 after buying an additional 21,600 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Hilltop by 2.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 794,060 shares of the financial services provider's stock worth $25,537,000 after acquiring an additional 19,936 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of Hilltop by 53.1% during the 3rd quarter. Jane Street Group LLC now owns 70,905 shares of the financial services provider's stock worth $2,280,000 after purchasing an additional 24,591 shares in the last quarter. Hedge funds and other institutional investors own 57.13% of the company's stock.

Hilltop Price Performance

HTH traded up $0.22 during midday trading on Tuesday, reaching $29.15. 98,398 shares of the company's stock were exchanged, compared to its average volume of 315,710. The business's 50-day moving average price is $31.45 and its 200 day moving average price is $31.53. The stock has a market capitalization of $1.89 billion, a PE ratio of 17.88 and a beta of 1.13. Hilltop Holdings Inc. has a 1-year low of $28.44 and a 1-year high of $35.66.

Hilltop (NYSE:HTH - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.09. The firm had revenue of $411.49 million during the quarter, compared to the consensus estimate of $302.29 million. Hilltop had a return on equity of 4.90% and a net margin of 6.65%. During the same period in the previous year, the firm posted $0.57 EPS. As a group, analysts expect that Hilltop Holdings Inc. will post 1.48 EPS for the current fiscal year.

Hilltop Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were given a dividend of $0.17 per share. The ex-dividend date was Friday, November 8th. This represents a $0.68 dividend on an annualized basis and a yield of 2.33%. Hilltop's dividend payout ratio (DPR) is currently 41.72%.

Insider Activity

In other Hilltop news, CEO Martin Bradley Winges sold 30,851 shares of Hilltop stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $32.61, for a total transaction of $1,006,051.11. Following the transaction, the chief executive officer now directly owns 77,748 shares of the company's stock, valued at $2,535,362.28. The trade was a 28.41 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Keith E. Bornemann sold 2,500 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $32.00, for a total transaction of $80,000.00. Following the completion of the sale, the chief accounting officer now directly owns 9,124 shares of the company's stock, valued at $291,968. The trade was a 21.51 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 29.30% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. StockNews.com upgraded shares of Hilltop from a "sell" rating to a "hold" rating in a report on Thursday, October 10th. Raymond James cut shares of Hilltop from a "market perform" rating to an "underperform" rating in a report on Thursday, December 19th. Finally, Keefe, Bruyette & Woods boosted their price target on Hilltop from $34.00 to $35.00 and gave the stock a "market perform" rating in a research note on Wednesday, December 4th. One analyst has rated the stock with a sell rating and three have assigned a hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $34.50.

Hilltop Profile

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