Two Sigma Investments LP Has $6.76 Million Stake in Hilltop Holdings Inc. (NYSE:HTH)

Two Sigma Investments LP grew its position in Hilltop Holdings Inc. (NYSE:HTH - Free Report) by 14.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 236,256 shares of the financial services provider's stock after buying an additional 29,720 shares during the quarter. Two Sigma Investments LP owned 0.36% of Hilltop worth $6,764,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC bought a new position in Hilltop during the fourth quarter valued at about $27,000. Sterling Capital Management LLC lifted 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 purchasing an additional 1,332 shares in the last quarter. KBC Group NV increased its holdings in Hilltop by 64.0% during the fourth quarter. KBC Group NV now owns 2,621 shares of the financial services provider's stock worth $75,000 after buying an additional 1,023 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in Hilltop in the 4th quarter worth about $193,000. Finally, Occudo Quantitative Strategies LP bought a new position in shares of Hilltop in the 4th quarter valued at $207,000. Hedge funds and other institutional investors own 57.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Raymond James raised Hilltop from an "underperform" rating to a "market perform" rating in a report on Wednesday, April 2nd. Keefe, Bruyette & Woods dropped their price target on Hilltop from $34.00 to $32.00 and set a "market perform" rating for the company in a research note on Wednesday, April 30th.

Hilltop Stock Performance

Shares of NYSE:HTH traded up $0.01 during mid-day trading on Friday, hitting $30.00. The stock had a trading volume of 50,568 shares, compared to its average volume of 346,885. The company's 50 day moving average is $29.60 and its 200-day moving average is $30.24. Hilltop Holdings Inc. has a 12-month low of $26.67 and a 12-month high of $35.32. The company has a market cap of $1.92 billion, a PE ratio of 17.27 and a beta of 0.87.

Hilltop (NYSE:HTH - Get Free Report) last released its 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. The business had revenue of $318.46 million during the quarter, compared to the consensus estimate of $290.68 million. Hilltop had a net margin of 7.04% and a return on equity of 5.18%. During the same quarter in the prior year, the firm posted $0.42 EPS. On average, equities research analysts predict that Hilltop Holdings Inc. will post 1.51 EPS for the current fiscal year.

Hilltop Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th were given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend was Thursday, May 8th. Hilltop's payout ratio is currently 36.55%.

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.