Tudor Investment Corp ET AL Buys 68,276 Shares of Hilltop Holdings Inc. (NYSE:HTH)

Tudor Investment Corp ET AL boosted its position in Hilltop Holdings Inc. (NYSE:HTH - Free Report) by 98.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 137,281 shares of the financial services provider's stock after acquiring an additional 68,276 shares during the period. Tudor Investment Corp ET AL owned 0.21% of Hilltop worth $3,930,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Venturi Wealth Management LLC purchased a new position in Hilltop in the 4th quarter valued at approximately $27,000. Sterling Capital Management LLC grew its position in shares of Hilltop by 827.3% in the fourth 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 lifted its holdings in Hilltop by 64.0% during the 4th quarter. KBC Group NV now owns 2,621 shares of the financial services provider's stock worth $75,000 after purchasing an additional 1,023 shares in the last quarter. Olympiad Research LP bought a new position in Hilltop in the 4th quarter worth about $210,000. Finally, Inceptionr LLC purchased a new stake in shares of Hilltop in the fourth quarter worth about $220,000. Hedge funds and other institutional investors own 57.13% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on HTH shares. Raymond James upgraded shares of Hilltop from an "underperform" rating to a "market perform" rating in a research note 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 report on Wednesday, April 30th.

Hilltop Price Performance

HTH traded up $0.32 during trading on Wednesday, hitting $30.23. 51,958 shares of the stock traded hands, compared to its average volume of 340,241. The firm has a market capitalization of $1.94 billion, a P/E ratio of 17.41 and a beta of 0.87. The firm has a 50-day moving average of $29.86 and a 200 day moving average of $30.36. Hilltop Holdings Inc. has a 12-month low of $26.67 and a 12-month high of $35.32.

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 business had revenue of $318.46 million during the quarter, compared to analyst estimates 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 company posted $0.42 EPS. As a group, equities analysts predict that Hilltop Holdings Inc. will post 1.51 EPS for the current fiscal year.

Hilltop Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 8th will be paid a $0.18 dividend. The ex-dividend date is Thursday, May 8th. This represents a $0.72 annualized dividend and a dividend yield of 2.38%. Hilltop's payout ratio is 36.55%.

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.