12,259 Shares in Hilltop Holdings Inc. (NYSE:HTH) Bought by Jump Financial LLC

Jump Financial LLC bought a new stake in Hilltop Holdings Inc. (NYSE:HTH - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 12,259 shares of the financial services provider's stock, valued at approximately $351,000.

Other large investors have also recently bought and sold shares of the company. Venturi Wealth Management LLC acquired a new position in shares of Hilltop in the 4th quarter worth approximately $27,000. Sterling Capital Management LLC grew its position in Hilltop by 827.3% in the fourth quarter. Sterling Capital Management LLC now owns 1,493 shares of the financial services provider's stock worth $43,000 after buying an additional 1,332 shares during the last quarter. KBC Group NV increased its holdings in shares of Hilltop by 64.0% in the fourth quarter. KBC Group NV now owns 2,621 shares of the financial services provider's stock valued at $75,000 after buying an additional 1,023 shares in the last quarter. Olympiad Research LP acquired a new stake in shares of Hilltop during the 4th quarter valued at $210,000. Finally, Inceptionr LLC bought a new stake in shares of Hilltop during the 4th quarter worth $220,000. Institutional investors and hedge funds own 57.13% of the company's stock.

Hilltop Price Performance

HTH traded up $0.19 during trading on Thursday, reaching $29.72. 51,919 shares of the stock traded hands, compared to its average volume of 340,030. The stock's 50-day simple moving average is $29.99 and its two-hundred day simple moving average is $30.44. Hilltop Holdings Inc. has a fifty-two week low of $26.67 and a fifty-two week high of $35.32. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 17.08 and a beta of 1.00.

Hilltop (NYSE:HTH - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The financial services provider reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.37. The firm had revenue of $318.46 million for the quarter, compared to the consensus estimate of $290.68 million. Hilltop had a return on equity of 5.18% and a net margin of 7.04%. During the same quarter in the prior year, the company posted $0.42 earnings per share. Research analysts anticipate that Hilltop Holdings Inc. will post 1.51 earnings per share for the current fiscal year.

Hilltop Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 8th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 2.42%. The ex-dividend date of this dividend is Thursday, May 8th. Hilltop's payout ratio is presently 36.55%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on HTH shares. Keefe, Bruyette & Woods dropped their price target on Hilltop from $34.00 to $32.00 and set a "market perform" rating on the stock in a research note on Wednesday. Raymond James raised shares of Hilltop from an "underperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd.

About Hilltop

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.