Tudor Investment Corp ET AL Has $3.93 Million Stock Position in Hilltop Holdings Inc. (NYSE:HTH)

Tudor Investment Corp ET AL raised its position in Hilltop Holdings Inc. (NYSE:HTH - Free Report) by 98.9% in the fourth quarter, according to its most recent disclosure 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 approximately 0.21% of Hilltop worth $3,930,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in HTH. Barclays PLC grew its stake in Hilltop by 112.9% in the third quarter. Barclays PLC now owns 106,619 shares of the financial services provider's stock valued at $3,428,000 after acquiring an additional 56,537 shares during the period. JPMorgan Chase & Co. grew its stake in Hilltop by 3.3% in the third quarter. JPMorgan Chase & Co. now owns 480,557 shares of the financial services provider's stock valued at $15,455,000 after acquiring an additional 15,346 shares during the period. Monument Group Wealth Advisors LLC acquired a new stake in Hilltop in the fourth quarter valued at approximately $331,000. Inspire Investing LLC grew its stake in Hilltop by 9.4% in the fourth quarter. Inspire Investing LLC now owns 13,982 shares of the financial services provider's stock valued at $400,000 after acquiring an additional 1,196 shares during the period. Finally, KBC Group NV grew its stake in Hilltop by 64.0% in the fourth quarter. KBC Group NV now owns 2,621 shares of the financial services provider's stock valued at $75,000 after acquiring an additional 1,023 shares during the period. Institutional investors and hedge funds own 57.13% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on HTH shares. Keefe, Bruyette & Woods dropped their target price on Hilltop from $34.00 to $32.00 and set a "market perform" rating on the stock in a report on Wednesday. Raymond James upgraded Hilltop from an "underperform" rating to a "market perform" rating in a report on Wednesday, April 2nd.

Hilltop Stock Up 0.7 %

HTH stock opened at $29.73 on Friday. The stock's 50 day moving average is $29.97 and its 200-day moving average is $30.42. The firm has a market capitalization of $1.93 billion, a PE ratio of 17.09 and a beta of 1.00. Hilltop Holdings Inc. has a twelve month low of $26.67 and a twelve month high of $35.32.

Hilltop (NYSE:HTH - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.37. The business had revenue of $318.46 million for 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 period last year, the company posted $0.42 earnings per share. On average, equities research analysts anticipate that Hilltop Holdings Inc. will post 1.51 earnings per share for the current fiscal year.

Hilltop Dividend Announcement

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 issued a dividend of $0.18 per share. The ex-dividend date is Thursday, May 8th. This represents a $0.72 dividend on an annualized basis and a yield of 2.42%. Hilltop's dividend payout ratio (DPR) 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.

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