Equities research analysts forecast that Hilltop Holdings Inc. (NYSE:HTH) will announce sales of $433.45 million for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Hilltop Holdings’ earnings. The lowest sales estimate is $433.30 million and the highest is $433.60 million. Hilltop Holdings posted sales of $453.63 million during the same quarter last year, which suggests a negative year over year growth rate of 4.4%. The firm is expected to announce its next quarterly earnings results after the market closes on Thursday, October 26th.

On average, analysts expect that Hilltop Holdings will report full-year sales of $433.45 million for the current financial year, with estimates ranging from $1.63 billion to $1.65 billion. For the next financial year, analysts expect that the business will post sales of $1.69 billion per share, with estimates ranging from $1.68 billion to $1.70 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Hilltop Holdings.

Hilltop Holdings (NYSE:HTH) last announced its quarterly earnings data on Thursday, July 27th. The financial services provider reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.20. The firm had revenue of $460.67 million during the quarter, compared to the consensus estimate of $431.80 million. Hilltop Holdings had a return on equity of 13.27% and a net margin of 13.63%. During the same period in the prior year, the business earned $0.32 EPS.

HTH has been the subject of a number of research analyst reports. Stephens raised Hilltop Holdings from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $31.00 to $47.00 in a research note on Thursday, August 3rd. Zacks Investment Research cut Hilltop Holdings from a “hold” rating to a “sell” rating in a research note on Friday, October 6th. Raymond James Financial, Inc. reissued an “underperform” rating on shares of Hilltop Holdings in a research note on Thursday, August 10th. BidaskClub cut Hilltop Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Finally, Keefe, Bruyette & Woods reissued a “neutral” rating on shares of Hilltop Holdings in a research note on Tuesday, September 12th. Four equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $32.08.

In other news, insider Hill A. Feinberg sold 225,000 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $25.82, for a total transaction of $5,809,500.00. Following the completion of the transaction, the insider now directly owns 1,083,878 shares of the company’s stock, valued at $27,985,729.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director J Markham Green sold 4,389 shares of the company’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $25.98, for a total value of $114,026.22. Following the transaction, the director now directly owns 114,763 shares of the company’s stock, valued at $2,981,542.74. The disclosure for this sale can be found here. 22.60% of the stock is owned by corporate insiders.

Hedge funds have recently bought and sold shares of the company. Schwab Charles Investment Management Inc. boosted its position in shares of Hilltop Holdings by 8.0% during the first quarter. Schwab Charles Investment Management Inc. now owns 332,710 shares of the financial services provider’s stock worth $9,140,000 after buying an additional 24,558 shares during the period. AQR Capital Management LLC boosted its position in shares of Hilltop Holdings by 62.7% during the first quarter. AQR Capital Management LLC now owns 131,331 shares of the financial services provider’s stock worth $3,608,000 after buying an additional 50,614 shares during the period. KCG Holdings Inc. boosted its position in shares of Hilltop Holdings by 28.7% during the first quarter. KCG Holdings Inc. now owns 19,176 shares of the financial services provider’s stock worth $527,000 after buying an additional 4,275 shares during the period. Prudential Financial Inc. boosted its position in shares of Hilltop Holdings by 26.9% during the second quarter. Prudential Financial Inc. now owns 574,745 shares of the financial services provider’s stock worth $15,065,000 after buying an additional 121,670 shares during the period. Finally, BlackRock Inc. boosted its position in shares of Hilltop Holdings by 26,007.9% during the first quarter. BlackRock Inc. now owns 4,980,856 shares of the financial services provider’s stock worth $136,824,000 after buying an additional 4,961,778 shares during the period. 56.32% of the stock is owned by institutional investors.

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Shares of Hilltop Holdings (HTH) traded up 0.23% during midday trading on Thursday, reaching $25.89. The company had a trading volume of 181,329 shares. Hilltop Holdings has a 52-week low of $21.47 and a 52-week high of $30.60. The company’s 50-day moving average is $24.87 and its 200-day moving average is $25.86. The firm has a market cap of $2.49 billion, a P/E ratio of 14.49 and a beta of 1.00.

About Hilltop Holdings

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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Earnings History and Estimates for Hilltop Holdings (NYSE:HTH)

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