News stories about Hilltop (NYSE:HTH) have been trending somewhat positive on Wednesday, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hilltop earned a news impact score of 0.23 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.7675854566809 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
Hilltop (NYSE:HTH) opened at $25.17 on Wednesday. The company has a market cap of $2,420.00, a P/E ratio of 23.75 and a beta of 1.12. The company has a quick ratio of 0.85, a current ratio of 1.01 and a debt-to-equity ratio of 0.03. Hilltop has a 12-month low of $21.47 and a 12-month high of $28.86.
Hilltop (NYSE:HTH) last issued its earnings results on Thursday, January 25th. The financial services provider reported $0.44 EPS for the quarter, beating the consensus estimate of $0.42 by $0.02. The company had revenue of $399.15 million during the quarter, compared to analysts’ expectations of $390.05 million. Hilltop had a net margin of 7.74% and a return on equity of 8.46%. sell-side analysts predict that Hilltop will post 1.88 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Thursday, February 15th were given a $0.07 dividend. The ex-dividend date was Wednesday, February 14th. This is a boost from Hilltop’s previous quarterly dividend of $0.06. This represents a $0.28 annualized dividend and a dividend yield of 1.11%. Hilltop’s payout ratio is presently 26.42%.
Hilltop declared that its board has initiated a share buyback program on Thursday, January 25th that authorizes the company to buyback $50.00 million in shares. This buyback authorization authorizes the financial services provider to repurchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.
A number of analysts have issued reports on HTH shares. Piper Jaffray Companies reissued a “hold” rating on shares of Hilltop in a report on Friday, February 23rd. ValuEngine raised shares of Hilltop from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Zacks Investment Research downgraded shares of Hilltop from a “buy” rating to a “hold” rating in a report on Thursday, February 15th. Finally, Stephens downgraded shares of Hilltop from an “overweight” rating to an “equal weight” rating in a report on Monday, January 29th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. Hilltop currently has a consensus rating of “Hold” and a consensus price target of $33.50.
In related news, Director Gerald J. Ford acquired 10,000 shares of the stock in a transaction that occurred on Friday, December 22nd. The stock was acquired at an average cost of $25.08 per share, for a total transaction of $250,800.00. The transaction was disclosed in a filing with the SEC, which is available through this link. 22.50% of the stock is owned by corporate insiders.
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).