Equities analysts expect that Hilltop Holdings Inc. (NYSE:HTH) will report sales of $390.05 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Hilltop’s earnings, with the highest sales estimate coming in at $391.40 million and the lowest estimate coming in at $388.70 million. Hilltop posted sales of $413.25 million during the same quarter last year, which suggests a negative year over year growth rate of 5.6%. The business is scheduled to announce its next quarterly earnings report after the market closes on Thursday, January 25th.

On average, analysts expect that Hilltop will report full year sales of $390.05 million for the current fiscal year, with estimates ranging from $1.59 billion to $1.62 billion. For the next financial year, analysts expect that the firm will post sales of $1.63 billion per share, with estimates ranging from $1.60 billion to $1.66 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that follow Hilltop.

Hilltop (NYSE:HTH) last announced its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.31 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.12). Hilltop had a return on equity of 8.16% and a net margin of 9.00%.

Several research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Hilltop from a “sell” rating to a “hold” rating and set a $30.00 price objective on the stock in a report on Wednesday, January 10th. ValuEngine upgraded shares of Hilltop from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Finally, Piper Jaffray Companies reiterated a “hold” rating and set a $30.00 price objective on shares of Hilltop in a report on Thursday, October 19th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $33.50.

Hilltop (NYSE:HTH) opened at $26.37 on Wednesday. The firm has a market cap of $2,534.91, a PE ratio of 16.80 and a beta of 1.04. Hilltop has a 1-year low of $21.47 and a 1-year 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 Hilltop news, Director Gerald J. Ford bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 22nd. The stock was purchased at an average price of $25.08 per share, with a total value of $250,800.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 22.50% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Hilltop by 9.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,996 shares of the financial services provider’s stock worth $105,000 after purchasing an additional 348 shares in the last quarter. Zions Bancorporation acquired a new stake in Hilltop during the 3rd quarter worth approximately $109,000. Victory Capital Management Inc. increased its position 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 worth $174,000 after purchasing an additional 994 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Hilltop during the 2nd quarter worth approximately $241,000. Finally, Principal Financial Group Inc. increased its position 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 worth $242,000 after purchasing an additional 186 shares in the last quarter. 56.50% of the stock is owned by hedge funds and other institutional investors.

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About Hilltop

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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