Yousif Capital Management LLC Has $500,000 Stake in Hilltop Holdings Inc. (NYSE:HTH)

Yousif Capital Management LLC decreased its holdings in shares of Hilltop Holdings Inc. (NYSE:HTH) by 2.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,459 shares of the financial services provider’s stock after selling 471 shares during the quarter. Yousif Capital Management LLC’s holdings in Hilltop were worth $500,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of HTH. Beese Fulmer Investment Management Inc. acquired a new stake in shares of Hilltop during the 3rd quarter worth approximately $203,000. Assenagon Asset Management S.A. grew its position in shares of Hilltop by 187.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 511,286 shares of the financial services provider’s stock worth $16,443,000 after buying an additional 333,695 shares during the period. Harbor Capital Advisors Inc. grew its position in shares of Hilltop by 5.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 13,794 shares of the financial services provider’s stock worth $444,000 after buying an additional 769 shares during the period. QRG Capital Management Inc. boosted its stake in Hilltop by 11.4% during the 3rd quarter. QRG Capital Management Inc. now owns 63,222 shares of the financial services provider’s stock worth $2,033,000 after acquiring an additional 6,487 shares during the last quarter. Finally, Versor Investments LP boosted its stake in Hilltop by 171.4% during the 3rd quarter. Versor Investments LP now owns 34,200 shares of the financial services provider’s stock worth $1,100,000 after acquiring an additional 21,600 shares during the last quarter. Institutional investors and hedge funds own 57.13% of the company’s stock.

Hilltop Price Performance

Hilltop stock opened at $31.54 on Monday. The company’s 50 day simple moving average is $29.75 and its 200 day simple moving average is $31.01. Hilltop Holdings Inc. has a fifty-two week low of $26.67 and a fifty-two week high of $35.32. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 18.13 and a beta of 1.14.

Hilltop (NYSE:HTH) last announced its quarterly earnings results on Thursday, January 30th. The financial services provider reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.27. Hilltop had a net margin of 7.04% and a return on equity of 5.18%. As a group, analysts predict that Hilltop Holdings Inc. will post 1.51 EPS for the current fiscal year.

Hilltop Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.72 dividend on an annualized basis and a yield of 2.28%. This is a positive change from Hilltop’s previous quarterly dividend of $0.17. Hilltop’s payout ratio is presently 39.08%.

Insider Buying and Selling at Hilltop

In other Hilltop news, CAO Keith E. Bornemann sold 2,500 shares of Hilltop stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $32.00, for a total value of $80,000.00. Following the transaction, the chief accounting officer now owns 9,124 shares of the company’s stock, valued at approximately $291,968. The trade was a 21.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 29.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on HTH shares. Raymond James lowered shares of Hilltop from a “market perform” rating to an “underperform” rating in a research note on Thursday, December 19th. Keefe, Bruyette & Woods reduced their price objective on shares of Hilltop from $35.00 to $34.00 and set a “market perform” rating on the stock in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating and three have given a hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $34.00.

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.