Stock On Watch: Hilltop Holdings Inc. Surges to 52-Week High, Is Now Top Performer


Stock On Watch: Hilltop Holdings Inc. Surges to 52 Week High, Is Now Top Performer

The stock of Hilltop Holdings Inc. (NYSE:HTH) hit a new 52-week high and has $30.59 target or 27.00% above today’s $24.09 share price. The 5 months bullish chart indicates low risk for the $2.43B company. The 1-year high was reported on Oct, 19 by If the $30.59 price target is reached, the company will be worth $656.10M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 197,565 shares traded hands. Hilltop Holdings Inc. (NYSE:HTH) has risen 29.97% since March 16, 2016 and is uptrending. It has outperformed by 24.43% the S&P500.

Analysts await Hilltop Holdings Inc. (NYSE:HTH) to report earnings on November, 7. They expect $0.51 earnings per share, up 8.51% or $0.04 from last year’s $0.47 per share. HTH’s profit will be $51.44M for 11.81 P/E if the $0.51 EPS becomes a reality. After $0.32 actual earnings per share reported by Hilltop Holdings Inc. for the previous quarter, Wall Street now forecasts 59.38% EPS growth.

Hilltop Holdings Inc. (NYSE:HTH) Ratings Coverage

Out of 2 analysts covering Hilltop Holdings (NYSE:HTH), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Hilltop Holdings has been the topic of 5 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The stock of Hilltop Holdings Inc. (NYSE:HTH) has “Mkt Perform” rating given on Monday, September 12 by FBR Capital. FBR Capital initiated it with “Market Perform” rating and $20.50 target price in Thursday, March 31 report. The stock of Hilltop Holdings Inc. (NYSE:HTH) has “Mkt Perform” rating given on Thursday, December 17 by Raymond James. Piper Jaffray maintained Hilltop Holdings Inc. (NYSE:HTH) on Tuesday, August 4 with “Overweight” rating.

According to Zacks Investment Research, “Hilltop Holdings Inc. is a diversified financial holding company. The Company specializes in banking, mortgage origination, financial advisory and insurance through its wholly owned subsidiaries, PlainsCapital Corporation and National Lloyds Corporation. Through its wholly owned subsidiary, PlainsCapital Corporation it provides traditional banking services, residential mortgage lending, wealth and investment management, treasury management and capital equipment leasing. Through its other wholly owned subsidiary, National Lloyds Corporation, it provides property and casualty insurance. Hilltop Holdings Inc. is headquartered in Dallas, Texas.”

Insitutional Activity: The institutional sentiment increased to 0.92 in Q2 2016. Its up 0.22, from 0.7 in 2016Q1. The ratio increased, as 11 funds sold all Hilltop Holdings Inc. shares owned while 51 reduced positions. 20 funds bought stakes while 37 increased positions. They now own 52.77 million shares or 2.12% more from 51.68 million shares in 2016Q1.
Jane Street Gp, a New York-based fund reported 10,985 shares. Glenmede Trust Co Na holds 0.18% of its portfolio in Hilltop Holdings Inc. (NYSE:HTH) for 1.40 million shares. Oak Hill Capital Mngmt holds 2.18M shares or 9.37% of its portfolio. Scout Investments holds 118,900 shares or 0.07% of its portfolio. King Luther Capital Mngmt Corporation last reported 12,468 shares in the company. Ls Investment Advsrs Limited has invested 0.11% of its portfolio in Hilltop Holdings Inc. (NYSE:HTH). First Tru Advsr Lp, a Illinois-based fund reported 55,363 shares. Legal And General Grp Public Lc holds 0% or 20,673 shares in its portfolio. Cambiar Invsts Ltd Liability Company has invested 0.38% of its portfolio in Hilltop Holdings Inc. (NYSE:HTH). Financial Bank Of New York Mellon Corp has invested 0% of its portfolio in Hilltop Holdings Inc. (NYSE:HTH). Deutsche Savings Bank Ag holds 0% of its portfolio in Hilltop Holdings Inc. (NYSE:HTH) for 54,394 shares. Qs Invsts Ltd Limited Liability Company accumulated 0.04% or 240,283 shares. Financial Mngmt Pro owns 2,430 shares or 0.03% of their US portfolio. The Kansas-based Creative Planning has invested 0% in Hilltop Holdings Inc. (NYSE:HTH). New York State Common Retirement Fund holds 0% or 78,500 shares in its portfolio.

Insider Transactions: Since June 6, 2016, the stock had 0 buys, and 2 sales for $237,785 net activity. Schaffner Jerry sold 5,000 shares worth $111,778.

More recent Hilltop Holdings Inc. (NYSE:HTH) news were published by: which released: “Hilltop Holdings Inc. Announces Third Quarter 2016 Earnings Conference Call …” on October 14, 2016. Also published the news titled: “Hilltop Holdings Inc. Announces $50 Million Stock Repurchase Program” on June 13, 2016.‘s news article titled: “BRIEF-Hilltop Holdings Inc announces Financial Results for Q2 2016” with publication date: July 27, 2016 was also an interesting one.

HTH Company Profile

Hilltop Holdings Inc., incorporated on July 1, 1998, is a financial holding Company. The Firm provides business and consumer banking services from offices located throughout Texas through PlainsCapital Corporation (PlainsCapital or the Bank). It has three operating business units, which include PlainsCapital (banking and mortgage origination), Hilltop Securities Holdings LLC (Securities Holdings) and National Lloyds Corporation (NLC). The Company’s divisions include banking, broker-dealer, mortgage origination and insurance. The banking segment includes the activities of the Bank. The broker-dealer segment includes the activities of First Southwest Holdings, LLC (First Southwest), Hilltop Securities Inc. (Hilltop Securities) and Hilltop Securities Independent Network Inc. (HTS Independent Network). The mortgage origination segment operates through a subsidiary of the Bank, PrimeLending. The insurance segment consists of the activities of NLC.

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