Hilltop (HTH) to Release Quarterly Earnings on Thursday

Hilltop (NYSE:HTH - Get Free Report) is scheduled to be announcing its earnings results after the market closes on Thursday, April 18th. Analysts expect the company to announce earnings of $0.28 per share for the quarter.

Hilltop (NYSE:HTH - Get Free Report) last posted its quarterly earnings results on Friday, January 26th. The financial services provider reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.04. The company had revenue of $290.20 million for the quarter, compared to the consensus estimate of $296.89 million. Hilltop had a net margin of 7.00% and a return on equity of 5.20%. The firm's quarterly revenue was down 1.0% compared to the same quarter last year. During the same period last year, the company posted $0.39 EPS. On average, analysts expect Hilltop to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hilltop Trading Down 1.1 %

NYSE:HTH traded down $0.32 on Monday, hitting $29.20. The company had a trading volume of 174,547 shares, compared to its average volume of 310,522. The firm has a 50 day moving average of $30.70 and a two-hundred day moving average of $30.96. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of 17.28 and a beta of 1.12. Hilltop has a 52 week low of $26.78 and a 52 week high of $35.66.

Hilltop Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Monday, February 12th were issued a dividend of $0.17 per share. This is an increase from Hilltop's previous quarterly dividend of $0.16. The ex-dividend date was Friday, February 9th. This represents a $0.68 annualized dividend and a dividend yield of 2.33%. Hilltop's dividend payout ratio (DPR) is 40.24%.

Analyst Ratings Changes

A number of analysts have recently commented on HTH shares. TheStreet lowered Hilltop from a "b-" rating to a "c+" rating in a research note on Wednesday, March 13th. Raymond James upgraded shares of Hilltop from an "underperform" rating to a "market perform" rating in a research report on Friday, January 5th.

Insiders Place Their Bets

In related news, Director Hill A. Feinberg sold 3,000 shares of the firm's stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $31.63, for a total transaction of $94,890.00. Following the completion of the sale, the director now owns 13,776 shares of the company's stock, valued at $435,734.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Hilltop news, Director Hill A. Feinberg sold 3,000 shares of Hilltop stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $31.63, for a total value of $94,890.00. Following the completion of the sale, the director now directly owns 13,776 shares of the company's stock, valued at $435,734.88. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Martin Bradley Winges sold 30,000 shares of the company's stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $30.83, for a total transaction of $924,900.00. Following the transaction, the chief executive officer now owns 98,934 shares in the company, valued at approximately $3,050,135.22. The disclosure for this sale can be found here. Company insiders own 28.90% of the company's stock.

Hedge Funds Weigh In On Hilltop

Large investors have recently modified their holdings of the company. Tower Research Capital LLC TRC raised its holdings in Hilltop by 200.0% during the first quarter. Tower Research Capital LLC TRC now owns 1,524 shares of the financial services provider's stock worth $45,000 after buying an additional 1,016 shares during the last quarter. FMR LLC raised its holdings in shares of Hilltop by 31.5% in the 1st quarter. FMR LLC now owns 1,888 shares of the financial services provider's stock worth $56,000 after acquiring an additional 452 shares during the last quarter. Royal Bank of Canada lifted its position in Hilltop by 29.5% in the 3rd quarter. Royal Bank of Canada now owns 2,482 shares of the financial services provider's stock valued at $62,000 after acquiring an additional 565 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in Hilltop by 23.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,733 shares of the financial services provider's stock valued at $86,000 after acquiring an additional 520 shares in the last quarter. Finally, Captrust Financial Advisors boosted its stake in Hilltop by 16.7% during the 2nd quarter. Captrust Financial Advisors now owns 3,192 shares of the financial services provider's stock valued at $85,000 after purchasing an additional 456 shares during the last quarter. 57.13% of the stock is currently owned by institutional investors.

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.