Barclays PLC Buys 10,729 Shares of Hilltop Holdings Inc. (NYSE:HTH)

Barclays PLC raised its position in Hilltop Holdings Inc. (NYSE:HTH - Free Report) by 10.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 117,348 shares of the financial services provider's stock after buying an additional 10,729 shares during the period. Barclays PLC owned 0.18% of Hilltop worth $3,359,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Venturi Wealth Management LLC bought a new position in shares of Hilltop in the fourth quarter valued at about $27,000. Sterling Capital Management LLC lifted its position in Hilltop by 827.3% during the 4th quarter. Sterling Capital Management LLC now owns 1,493 shares of the financial services provider's stock valued at $43,000 after purchasing an additional 1,332 shares during the period. KBC Group NV boosted its stake 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 valued at $75,000 after purchasing an additional 1,023 shares during the last quarter. Olympiad Research LP acquired a new stake in shares of Hilltop during the 4th quarter worth approximately $210,000. Finally, Inceptionr LLC bought a new stake in shares of Hilltop during the fourth quarter worth approximately $220,000. Institutional investors and hedge funds own 57.13% of the company's stock.

Hilltop Price Performance

NYSE:HTH traded up $0.24 on Wednesday, hitting $29.53. 435,120 shares of the company's stock were exchanged, compared to its average volume of 341,108. The company has a market cap of $1.92 billion, a P/E ratio of 16.97 and a beta of 1.00. Hilltop Holdings Inc. has a 52 week low of $26.67 and a 52 week high of $35.32. The firm has a 50-day moving average price of $29.99 and a 200-day moving average price of $30.44.

Hilltop (NYSE:HTH - Get Free Report) last posted its earnings results on Thursday, April 24th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.37. Hilltop had a net margin of 7.04% and a return on equity of 5.18%. The company had revenue of $318.46 million during the quarter, compared to analysts' expectations of $290.68 million. During the same quarter last year, the company posted $0.42 EPS. On average, research analysts expect 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. Shareholders of record on Thursday, May 8th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend is Thursday, May 8th. Hilltop's dividend payout ratio is currently 36.55%.

Analyst Ratings Changes

HTH has been the subject of several recent research reports. Keefe, Bruyette & Woods dropped their target price on shares of Hilltop from $34.00 to $32.00 and set a "market perform" rating for the company in a research report on Wednesday. Raymond James upgraded shares of Hilltop from an "underperform" rating to a "market perform" rating in a 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.