Caxton Associates LP Invests $289,000 in Hilltop Holdings Inc. (NYSE:HTH)

Caxton Associates LP bought a new position in shares of Hilltop Holdings Inc. (NYSE:HTH - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 10,097 shares of the financial services provider's stock, valued at approximately $289,000.

A number of other large investors have also modified their holdings of HTH. Vanguard Group Inc. boosted its position in shares of Hilltop by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 5,383,034 shares of the financial services provider's stock worth $154,116,000 after purchasing an additional 32,605 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Hilltop by 4.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 826,187 shares of the financial services provider's stock worth $23,654,000 after buying an additional 32,127 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Hilltop by 85.4% in the fourth quarter. Ameriprise Financial Inc. now owns 797,987 shares of the financial services provider's stock valued at $22,846,000 after purchasing an additional 367,564 shares in the last quarter. Hodges Capital Management Inc. increased its stake in shares of Hilltop by 20.7% during the 4th quarter. Hodges Capital Management Inc. now owns 522,503 shares of the financial services provider's stock worth $14,959,000 after purchasing an additional 89,724 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Hilltop by 6.4% during the 4th quarter. JPMorgan Chase & Co. now owns 511,418 shares of the financial services provider's stock worth $14,642,000 after purchasing an additional 30,861 shares during the last quarter. 57.13% of the stock is owned by hedge funds and other institutional investors.

Hilltop Price Performance

NYSE HTH traded down $0.15 during trading hours on Friday, hitting $30.25. The company had a trading volume of 234,853 shares, compared to its average volume of 342,176. The firm's 50 day moving average is $29.75 and its 200 day moving average is $30.35. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 17.39 and a beta of 0.87. Hilltop Holdings Inc. has a fifty-two week low of $26.67 and a fifty-two week high of $35.32.

Hilltop (NYSE:HTH - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.65 earnings per share for the quarter, beating 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 business had revenue of $318.46 million during the quarter, compared to analyst estimates of $290.68 million. During the same period last year, the business earned $0.42 EPS. On average, equities analysts anticipate that Hilltop Holdings Inc. will post 1.51 EPS for the current year.

Hilltop Dividend Announcement

The firm also recently declared 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 2.38%. The ex-dividend date of this dividend is Thursday, May 8th. Hilltop's dividend payout ratio (DPR) is 36.55%.

Analyst Ratings Changes

HTH has been the topic of several recent analyst reports. Keefe, Bruyette & Woods reduced their target price on Hilltop from $34.00 to $32.00 and set a "market perform" rating on the stock in a research report on Wednesday, April 30th. Raymond James raised shares of Hilltop from an "underperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd.

Hilltop Company 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.