Janus Henderson Group PLC Buys 52,227 Shares of Hilltop Holdings Inc. (NYSE:HTH)

Janus Henderson Group PLC lifted its holdings in shares of Hilltop Holdings Inc. (NYSE:HTH - Free Report) by 8.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 644,365 shares of the financial services provider's stock after purchasing an additional 52,227 shares during the period. Janus Henderson Group PLC owned 0.99% of Hilltop worth $18,449,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in HTH. Venturi Wealth Management LLC bought a new stake in shares of Hilltop during the 4th quarter valued at about $27,000. Sterling Capital Management LLC boosted its holdings in Hilltop by 827.3% in the fourth quarter. Sterling Capital Management LLC now owns 1,493 shares of the financial services provider's stock worth $43,000 after acquiring an additional 1,332 shares in the last quarter. KBC Group NV boosted its holdings in Hilltop by 64.0% in the fourth quarter. KBC Group NV now owns 2,621 shares of the financial services provider's stock worth $75,000 after acquiring an additional 1,023 shares in the last quarter. Olympiad Research LP bought a new position in Hilltop in the fourth quarter worth approximately $210,000. Finally, Inceptionr LLC bought a new position in Hilltop in the fourth quarter worth approximately $220,000. Institutional investors own 57.13% of the company's stock.

Hilltop Stock Down 0.9%

NYSE:HTH traded down $0.28 on Wednesday, hitting $30.39. The stock had a trading volume of 47,679 shares, compared to its average volume of 344,468. The business's fifty day moving average is $29.74 and its 200 day moving average is $30.35. The company has a market cap of $1.95 billion, a PE ratio of 17.44 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.

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

Hilltop Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th will be issued a $0.18 dividend. The ex-dividend date is Thursday, May 8th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.37%. Hilltop's dividend payout ratio is presently 36.55%.

Analyst Upgrades and Downgrades

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

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.