Caxton Associates LP Purchases New Holdings in Hilltop Holdings Inc. (NYSE:HTH)

Caxton Associates LP acquired a new position in Hilltop Holdings Inc. (NYSE:HTH - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,097 shares of the financial services provider's stock, valued at approximately $289,000.

Several other institutional investors and hedge funds also recently bought and sold shares of HTH. Vanguard Group Inc. boosted its position in shares of Hilltop by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 5,383,034 shares of the financial services provider's stock valued at $154,116,000 after acquiring an additional 32,605 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Hilltop by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 826,187 shares of the financial services provider's stock valued at $23,654,000 after purchasing an additional 32,127 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Hilltop by 85.4% during 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 during the last quarter. Hodges Capital Management Inc. lifted its position in Hilltop by 20.7% during the fourth quarter. Hodges Capital Management Inc. now owns 522,503 shares of the financial services provider's stock valued at $14,959,000 after purchasing an additional 89,724 shares during 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 valued at $14,642,000 after buying an additional 30,861 shares in the last quarter. 57.13% of the stock is owned by institutional investors.

Hilltop Price Performance

Hilltop stock traded up $0.01 during trading hours on Tuesday, reaching $30.91. The stock had a trading volume of 85,168 shares, compared to its average volume of 342,206. The stock has a market cap of $1.98 billion, a PE ratio of 17.76 and a beta of 0.87. Hilltop Holdings Inc. has a 52 week low of $26.67 and a 52 week high of $35.32. The company has a fifty day simple moving average of $29.74 and a 200-day simple moving average of $30.35.

Hilltop (NYSE:HTH - Get Free Report) last announced its quarterly 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. The business had revenue of $318.46 million for the quarter, compared to analyst estimates of $290.68 million. Hilltop had a net margin of 7.04% and a return on equity of 5.18%. During the same quarter last year, the firm earned $0.42 EPS. Research analysts predict that Hilltop Holdings Inc. will post 1.51 earnings per share for the current fiscal year.

Hilltop Announces Dividend

The business 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. The ex-dividend date of this dividend is Thursday, May 8th. This represents a $0.72 annualized dividend and a yield of 2.33%. Hilltop's dividend payout ratio (DPR) is presently 36.55%.

Analyst Ratings Changes

HTH has been the topic of several research reports. Keefe, Bruyette & Woods lowered their price objective on shares of 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 upgraded shares of Hilltop from an "underperform" rating to a "market perform" rating in a 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.