Deutsche Bank AG Acquires 14,215 Shares of Hilltop Holdings Inc. (NYSE:HTH)

Deutsche Bank AG boosted its holdings in Hilltop Holdings Inc. (NYSE:HTH - Free Report) by 26.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 68,768 shares of the financial services provider's stock after buying an additional 14,215 shares during the quarter. Deutsche Bank AG owned 0.11% of Hilltop worth $1,969,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Venturi Wealth Management LLC purchased a new stake in Hilltop in the 4th quarter worth approximately $27,000. Sterling Capital Management LLC grew its holdings in shares of 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 acquiring an additional 1,332 shares in the last quarter. KBC Group NV grew its stake in 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 purchasing an additional 1,023 shares in the last quarter. Olympiad Research LP acquired a new position in Hilltop in the 4th quarter worth about $210,000. Finally, Inceptionr LLC acquired a new position in Hilltop in the 4th quarter worth about $220,000. Institutional investors own 57.13% of the company's stock.

Hilltop Price Performance

Shares of HTH stock traded up $0.10 during trading on Thursday, reaching $29.60. The company had a trading volume of 28,987 shares, compared to its average volume of 346,617. The firm's 50 day simple moving average is $29.62 and its two-hundred day simple moving average is $30.26. Hilltop Holdings Inc. has a one year low of $26.67 and a one year high of $35.32. The company has a market capitalization of $1.90 billion, a PE ratio of 17.01 and a beta of 0.87.

Hilltop (NYSE:HTH - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.37. The company 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 posted $0.42 earnings per share. Analysts forecast that Hilltop Holdings Inc. will post 1.51 earnings per share for the current year.

Hilltop Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend was Thursday, May 8th. Hilltop's dividend payout ratio is 36.55%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Keefe, Bruyette & Woods cut 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.