Hilltop Holdings Inc. (NYSE:HTH) announced a quarterly dividend on Friday, October 27th, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.06 per share by the financial services provider on Thursday, November 30th. This represents a $0.24 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Tuesday, November 14th.
Shares of Hilltop Holdings (NYSE HTH) opened at $22.27 on Monday. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 0.04. Hilltop Holdings has a 12 month low of $21.47 and a 12 month high of $30.60. The stock has a market capitalization of $2,135.92, a P/E ratio of 14.19 and a beta of 1.03.
In related news, Director Charles Clifton Robinson bought 10,000 shares of the business’s stock in a transaction dated Wednesday, August 30th. The shares were purchased at an average price of $23.90 per share, with a total value of $239,000.00. Following the transaction, the director now owns 1,265,024 shares in the company, valued at approximately $30,234,073.60. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 22.50% of the company’s stock.
A number of analysts have issued reports on HTH shares. Keefe, Bruyette & Woods reaffirmed a “neutral” rating on shares of Hilltop Holdings in a research note on Tuesday, September 12th. BidaskClub downgraded Hilltop Holdings from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Zacks Investment Research downgraded Hilltop Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Compass Point raised Hilltop Holdings from a “neutral” rating to a “buy” rating and set a $30.50 target price on the stock in a research report on Tuesday, August 1st. Finally, Piper Jaffray Companies reissued a “hold” rating and set a $30.00 target price on shares of Hilltop Holdings in a research report on Friday, September 1st. Four research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. Hilltop Holdings has a consensus rating of “Hold” and a consensus target price of $33.30.
Hilltop Holdings 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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