Two Sigma Advisers LP Buys 20,000 Shares of Hilltop Holdings Inc. (NYSE:HTH)

Two Sigma Advisers LP increased its holdings in Hilltop Holdings Inc. (NYSE:HTH - Free Report) by 23.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,100 shares of the financial services provider's stock after acquiring an additional 20,000 shares during the quarter. Two Sigma Advisers LP owned about 0.16% of Hilltop worth $2,980,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of HTH. Barclays PLC increased its holdings in shares of Hilltop by 10.1% during the fourth quarter. Barclays PLC now owns 117,348 shares of the financial services provider's stock valued at $3,359,000 after acquiring an additional 10,729 shares in the last quarter. Voya Investment Management LLC increased its stake in Hilltop by 1.5% during the 4th quarter. Voya Investment Management LLC now owns 153,422 shares of the financial services provider's stock valued at $4,392,000 after purchasing an additional 2,271 shares in the last quarter. Deutsche Bank AG raised its holdings in Hilltop by 26.1% in the fourth quarter. Deutsche Bank AG now owns 68,768 shares of the financial services provider's stock worth $1,969,000 after buying an additional 14,215 shares during the last quarter. Edge Capital Group LLC bought a new position in shares of Hilltop in the fourth quarter worth approximately $335,000. Finally, Empowered Funds LLC grew its holdings in shares of Hilltop by 5.1% during the fourth quarter. Empowered Funds LLC now owns 199,528 shares of the financial services provider's stock valued at $5,712,000 after buying an additional 9,672 shares during the last quarter. 57.13% of the stock is owned by hedge funds and other institutional investors.

Hilltop Price Performance

Hilltop stock traded down $0.16 during midday trading on Friday, reaching $29.83. 359,624 shares of the company traded hands, compared to its average volume of 348,662. Hilltop Holdings Inc. has a 12 month low of $26.67 and a 12 month high of $35.32. The business has a 50 day moving average of $29.58 and a two-hundred day moving average of $30.19. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of 17.14 and a beta of 0.87.

Hilltop (NYSE:HTH - Get Free Report) last posted its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $290.68 million. Hilltop had a return on equity of 5.18% and a net margin of 7.04%. During the same quarter in the prior year, the business earned $0.42 earnings per share. As a group, equities analysts forecast that Hilltop Holdings Inc. will post 1.51 EPS for the current year.

Hilltop Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 2.41%. The ex-dividend date was Thursday, May 8th. Hilltop's dividend payout ratio (DPR) is presently 36.55%.

Wall Street Analysts Forecast Growth

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

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.