XTX Topco Ltd Invests $335,000 in Hilltop Holdings Inc. (NYSE:HTH)

XTX Topco Ltd acquired a new stake in Hilltop Holdings Inc. (NYSE:HTH - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,699 shares of the financial services provider's stock, valued at approximately $335,000.

A number of other hedge funds have also recently bought and sold shares of HTH. Venturi Wealth Management LLC bought a new stake in shares of Hilltop during the 4th quarter worth $27,000. Sterling Capital Management LLC lifted its holdings 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 stake in Hilltop by 64.0% in the 4th 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 purchased a new position in Hilltop during the 4th quarter valued at about $210,000. Finally, Inceptionr LLC acquired a new position in shares of Hilltop in the 4th quarter valued at about $220,000. 57.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Raymond James raised Hilltop from an "underperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd. Keefe, Bruyette & Woods reduced their price objective on Hilltop from $35.00 to $34.00 and set a "market perform" rating for the company in a research report on Monday, February 3rd.

Hilltop Stock Down 0.3 %

NYSE HTH traded down $0.09 during trading hours on Tuesday, hitting $28.93. The company's stock had a trading volume of 12,625 shares, compared to its average volume of 338,905. Hilltop Holdings Inc. has a twelve month low of $26.67 and a twelve month high of $35.32. The stock has a fifty day moving average of $30.07 and a 200 day moving average of $30.45. The firm has a market capitalization of $1.88 billion, a P/E ratio of 16.62 and a beta of 1.00.

Hilltop (NYSE:HTH - Get Free Report) last announced 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 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 period in the prior year, the business posted $0.42 EPS. On average, analysts predict that Hilltop Holdings Inc. will post 1.51 earnings per share for the current year.

Hilltop Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Thursday, May 8th. This represents a $0.72 annualized dividend and a dividend yield of 2.49%. Hilltop's dividend payout ratio (DPR) is currently 36.55%.

Hilltop 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.