Wall Street analysts expect Hilltop Holdings Inc. (NYSE:HTH) to report $0.42 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have issued estimates for Hilltop’s earnings. The highest EPS estimate is $0.42 and the lowest is $0.41. Hilltop reported earnings of $0.36 per share in the same quarter last year, which indicates a positive year over year growth rate of 16.7%. The business is scheduled to report its next quarterly earnings report after the market closes on Thursday, January 25th.
On average, analysts expect that Hilltop will report full-year earnings of $1.46 per share for the current financial year, with EPS estimates ranging from $1.45 to $1.47. For the next financial year, analysts expect that the business will post earnings of $2.01 per share, with EPS estimates ranging from $1.75 to $2.20. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Hilltop.
Hilltop (NYSE:HTH) last issued its earnings results on Thursday, October 26th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.12). Hilltop had a return on equity of 8.16% and a net margin of 9.00%.
A number of equities analysts have recently issued reports on HTH shares. ValuEngine raised Hilltop from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research raised Hilltop from a “sell” rating to a “hold” rating and set a $30.00 target price for the company in a research note on Wednesday, January 10th. Finally, Piper Jaffray Companies reissued a “hold” rating and set a $30.00 target price on shares of Hilltop in a research note on Thursday, October 19th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $33.50.
Shares of Hilltop (HTH) traded up $0.01 during mid-day trading on Monday, hitting $26.43. The stock had a trading volume of 484,700 shares, compared to its average volume of 486,300. The stock has a market cap of $2,534.91, a P/E ratio of 16.83 and a beta of 1.04. Hilltop has a fifty-two week low of $21.47 and a fifty-two week high of $29.54. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 0.04.
In other news, Director Gerald J. Ford purchased 10,000 shares of the stock in a transaction that occurred on Friday, December 22nd. The shares were acquired at an average price of $25.08 per share, for a total transaction of $250,800.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 22.50% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Hilltop by 9.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,996 shares of the financial services provider’s stock worth $105,000 after acquiring an additional 348 shares during the period. Zions Bancorporation acquired a new stake in Hilltop during the 3rd quarter valued at $109,000. Victory Capital Management Inc. grew its holdings in Hilltop by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 6,638 shares of the financial services provider’s stock valued at $174,000 after buying an additional 994 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Hilltop during the 2nd quarter valued at $241,000. Finally, Principal Financial Group Inc. grew its holdings in Hilltop by 2.1% during the 2nd quarter. Principal Financial Group Inc. now owns 9,246 shares of the financial services provider’s stock valued at $242,000 after buying an additional 186 shares during the last quarter. Institutional investors and hedge funds own 56.50% of the company’s stock.
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Hilltop Company Profile
Hilltop Holdings Inc is a financial holding Company. The Company provides business and consumer banking services from offices located throughout Texas through PlainsCapital Bank (the Bank). It has three operating business units, which include PlainsCapital Corporation (PCC) (banking and mortgage origination), Hilltop Securities Holdings LLC (Securities Holdings) (broker-dealer) and PlainsCapital Company (NLC) (insurance).
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