Hilltop Holdings Inc. (HTH) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC lifted its stake in shares of Hilltop Holdings Inc. (NYSE:HTH) by 81.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,142 shares of the financial services provider’s stock after acquiring an additional 4,550 shares during the quarter. SG Americas Securities LLC’s holdings in Hilltop were worth $264,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. FMR LLC increased its stake in shares of Hilltop by 0.6% during the second quarter. FMR LLC now owns 6,304,653 shares of the financial services provider’s stock valued at $165,245,000 after acquiring an additional 35,179 shares during the period. Vanguard Group Inc. boosted its holdings in Hilltop by 0.5% during the second quarter. Vanguard Group Inc. now owns 5,909,111 shares of the financial services provider’s stock worth $154,877,000 after buying an additional 28,889 shares in the last quarter. Northern Trust Corp boosted its holdings in Hilltop by 0.9% during the second quarter. Northern Trust Corp now owns 968,261 shares of the financial services provider’s stock worth $25,378,000 after buying an additional 8,696 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Hilltop by 7.8% during the second quarter. Bank of New York Mellon Corp now owns 832,507 shares of the financial services provider’s stock worth $21,820,000 after buying an additional 60,344 shares in the last quarter. Finally, TIAA CREF Investment Management LLC boosted its holdings in Hilltop by 9.2% during the second quarter. TIAA CREF Investment Management LLC now owns 740,890 shares of the financial services provider’s stock worth $19,419,000 after buying an additional 62,423 shares in the last quarter. Institutional investors and hedge funds own 56.50% of the company’s stock.

Shares of Hilltop Holdings Inc. (NYSE:HTH) opened at $25.03 on Wednesday. The firm has a market cap of $2,398.72, a P/E ratio of 15.93 and a beta of 1.04. Hilltop Holdings Inc. has a 1-year low of $21.47 and a 1-year high of $30.60. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 0.04.

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 15th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date was Tuesday, November 14th. Hilltop’s payout ratio is 15.29%.

A number of brokerages recently weighed in on HTH. Piper Jaffray Companies restated a “hold” rating and set a $30.00 target price on shares of Hilltop in a report on Thursday, October 19th. Zacks Investment Research cut shares of Hilltop from a “hold” rating to a “sell” rating in a report on Friday, October 6th. ValuEngine upgraded shares of Hilltop from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Finally, Keefe, Bruyette & Woods restated a “neutral” rating on shares of Hilltop in a report on Tuesday, September 12th. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $33.30.

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Hilltop Profile

Hilltop Holdings Inc is a financial holding Company. The Company provides business and consumer banking services from offices located throughout Texas through PlainsCapital Bank (the Bank). It has three operating business units, which include PlainsCapital Corporation (PCC) (banking and mortgage origination), Hilltop Securities Holdings LLC (Securities Holdings) (broker-dealer) and PlainsCapital Company (NLC) (insurance).

Institutional Ownership by Quarter for Hilltop (NYSE:HTH)

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