Hilltop Holdings Inc. (NYSE:HTH) Shares Purchased by Advantage Alpha Capital Partners LP

Advantage Alpha Capital Partners LP increased its stake in Hilltop Holdings Inc. (NYSE:HTH) by 11.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,501 shares of the financial services provider’s stock after purchasing an additional 1,737 shares during the period. Advantage Alpha Capital Partners LP’s holdings in Hilltop were worth $472,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. FMR LLC raised its holdings in shares of 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 buying an additional 885 shares during the last quarter. Sunbelt Securities Inc. purchased a new position in Hilltop in the 3rd quarter worth $29,000. Venturi Wealth Management LLC purchased a new position in Hilltop in the 4th quarter worth $27,000. KBC Group NV lifted its position in Hilltop by 64.0% during 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 during the period. Finally, Inspire Investing LLC grew its stake in Hilltop by 9.4% during the 4th quarter. Inspire Investing LLC now owns 13,982 shares of the financial services provider’s stock valued at $400,000 after purchasing an additional 1,196 shares during the last quarter. Hedge funds and other institutional investors own 57.13% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Keefe, Bruyette & Woods reduced their price objective on Hilltop from $35.00 to $34.00 and set a “market perform” rating for the company in a research note on Monday, February 3rd. Raymond James lowered shares of Hilltop from a “market perform” rating to an “underperform” rating in a research report on Thursday, December 19th.

Hilltop Stock Performance

Shares of HTH opened at $30.96 on Tuesday. The business’s 50-day moving average is $30.72 and its two-hundred day moving average is $30.94. The company has a market capitalization of $2.01 billion, a P/E ratio of 17.79 and a beta of 1.14. Hilltop Holdings Inc. has a fifty-two week low of $26.67 and a fifty-two week high of $35.32.

Hilltop (NYSE:HTH) last posted its earnings results on Thursday, January 30th. The financial services provider reported $0.55 EPS for the quarter, topping the consensus estimate of $0.28 by $0.27. Hilltop had a return on equity of 5.18% and a net margin of 7.04%. Analysts forecast that Hilltop Holdings Inc. will post 1.51 EPS for the current year.

Hilltop Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Thursday, February 13th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 2.33%. This is a positive change from Hilltop’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Thursday, February 13th. Hilltop’s payout ratio 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.