Semanteon Capital Management LP Takes $872,000 Position in Hilltop Holdings Inc. (NYSE:HTH)

Semanteon Capital Management LP bought a new stake in Hilltop Holdings Inc. (NYSE:HTH - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 30,452 shares of the financial services provider's stock, valued at approximately $872,000.

Other hedge funds have also added to or reduced their stakes in the company. Venturi Wealth Management LLC acquired a new position in Hilltop during the fourth quarter worth about $27,000. Sunbelt Securities Inc. acquired a new stake in Hilltop during the 3rd quarter valued at approximately $29,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Hilltop during the third quarter worth $49,000. KBC Group NV raised its position in shares of Hilltop by 64.0% in the 4th quarter. KBC Group NV now owns 2,621 shares of the financial services provider's stock worth $75,000 after acquiring an additional 1,023 shares in the last quarter. Finally, FMR LLC increased its holdings in Hilltop by 36.7% in the third quarter. FMR LLC now owns 3,296 shares of the financial services provider's stock worth $106,000 after purchasing an additional 885 shares in the last quarter. 57.13% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on HTH. Keefe, Bruyette & Woods dropped their price objective on shares of Hilltop from $35.00 to $34.00 and set a "market perform" rating on the stock in a report on Monday, February 3rd. Raymond James cut shares of Hilltop from a "market perform" rating to an "underperform" rating in a report on Thursday, December 19th.

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Hilltop Trading Down 0.2 %

Shares of NYSE:HTH traded down $0.07 during mid-day trading on Tuesday, reaching $30.85. The company had a trading volume of 267,399 shares, compared to its average volume of 309,165. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of 17.73 and a beta of 1.14. The company's 50-day moving average price is $30.72 and its 200-day moving average price is $30.94. Hilltop Holdings Inc. has a one year low of $26.67 and a one year high of $35.32.

Hilltop (NYSE:HTH - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The financial services provider reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.27. Hilltop had a net margin of 7.04% and a return on equity of 5.18%. On average, research analysts anticipate that Hilltop Holdings Inc. will post 1.51 EPS for the current fiscal year.

Hilltop Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Thursday, February 13th were given a $0.18 dividend. This is a positive change from Hilltop's previous quarterly dividend of $0.17. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date was Thursday, February 13th. Hilltop's dividend payout ratio (DPR) is 41.38%.

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.