Shares of Hilltop Holdings Inc. (NYSE:HTH) have received a consensus recommendation of “Hold” from the ten analysts that are presently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $35.83.

Several equities research analysts have commented on the stock. Compass Point upgraded shares of Hilltop Holdings from a “neutral” rating to a “buy” rating and set a $30.50 price target on the stock in a research note on Tuesday, August 1st. BidaskClub lowered shares of Hilltop Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Zacks Investment Research lowered shares of Hilltop Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. ValuEngine upgraded shares of Hilltop Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Finally, Piper Jaffray Companies reiterated a “hold” rating and issued a $30.00 price objective on shares of Hilltop Holdings in a report on Friday, September 1st.

ILLEGAL ACTIVITY NOTICE: “Hilltop Holdings Inc. (HTH) Given Consensus Rating of “Hold” by Brokerages” was first reported by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another domain, it was stolen and reposted in violation of US & international trademark & copyright laws. The correct version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/11/02/hilltop-holdings-inc-hth-given-consensus-rating-of-hold-by-brokerages.html.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Tuesday, November 14th. Hilltop Holdings’s dividend payout ratio (DPR) is presently 15.29%.

In related news, Director Charles Clifton Robinson acquired 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The stock was acquired at an average cost of $23.90 per share, for a total transaction of $239,000.00. Following the completion of the acquisition, the director now directly owns 1,265,024 shares of the company’s stock, valued at approximately $30,234,073.60. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Hill A. Feinberg sold 225,000 shares of the stock in a transaction that occurred on Tuesday, August 8th. The shares were 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 owns 1,083,878 shares of the company’s stock, valued at $27,985,729.96. The disclosure for this sale can be found here. Company insiders own 22.60% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. Amalgamated Bank boosted its holdings in shares of Hilltop Holdings by 0.8% in the second quarter. Amalgamated Bank now owns 9,501 shares of the financial services provider’s stock valued at $249,000 after acquiring an additional 72 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Hilltop Holdings by 2.1% during the second quarter. Principal Financial Group Inc. now owns 9,246 shares of the financial services provider’s stock worth $242,000 after buying an additional 186 shares in the last quarter. Rothschild Asset Management Inc. boosted its holdings in Hilltop Holdings by 0.3% during the second quarter. Rothschild Asset Management Inc. now owns 79,518 shares of the financial services provider’s stock worth $2,084,000 after buying an additional 244 shares in the last quarter. Legal & General Group Plc boosted its holdings in Hilltop Holdings by 1.2% during the second quarter. Legal & General Group Plc now owns 26,051 shares of the financial services provider’s stock worth $683,000 after buying an additional 317 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Hilltop Holdings by 9.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,996 shares of the financial services provider’s stock worth $105,000 after buying an additional 348 shares in the last quarter. Institutional investors and hedge funds own 56.31% of the company’s stock.

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).

Analyst Recommendations for Hilltop Holdings (NYSE:HTH)

Receive News & Ratings for Hilltop Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilltop Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.