Fox Run Management L.L.C. Has $271,000 Stock Holdings in Hilltop Holdings Inc. (NYSE:HTH)

Fox Run Management L.L.C. lowered its holdings in shares of Hilltop Holdings Inc. (NYSE:HTH) by 31.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,483 shares of the financial services provider’s stock after selling 4,385 shares during the quarter. Fox Run Management L.L.C.’s holdings in Hilltop were worth $271,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of HTH. Sunbelt Securities Inc. acquired a new position in Hilltop during the third quarter worth $29,000. Venturi Wealth Management LLC bought a new stake in shares of Hilltop during the 4th quarter worth about $27,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Hilltop during the 3rd quarter valued at about $49,000. KBC Group NV raised its stake in shares of Hilltop by 64.0% in the 4th quarter. KBC Group NV now owns 2,621 shares of the financial services provider’s stock valued at $75,000 after acquiring an additional 1,023 shares in the last quarter. Finally, FMR LLC boosted its position in Hilltop by 36.7% during the third quarter. FMR LLC now owns 3,296 shares of the financial services provider’s stock worth $106,000 after purchasing an additional 885 shares during the period. Institutional investors own 57.13% of the company’s stock.

Hilltop Stock Down 0.4 %

Shares of HTH stock opened at $31.06 on Friday. Hilltop Holdings Inc. has a 12 month low of $26.67 and a 12 month high of $35.32. The firm has a market cap of $2.01 billion, a PE ratio of 17.85 and a beta of 1.14. The stock has a 50 day moving average of $30.87 and a 200-day moving average of $30.93.

Hilltop (NYSE:HTH) last released its earnings results on Thursday, January 30th. The financial services provider reported $0.55 EPS for the quarter, beating the consensus estimate of $0.28 by $0.27. Hilltop had a net margin of 7.04% and a return on equity of 5.18%. As a group, equities analysts predict that Hilltop Holdings Inc. will post 1.51 EPS for the current fiscal year.

Hilltop Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, February 13th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 2.32%. The ex-dividend date was Thursday, February 13th. This is a boost from Hilltop’s previous quarterly dividend of $0.17. Hilltop’s dividend payout ratio (DPR) is presently 41.38%.

Analyst Ratings Changes

A number of equities analysts have recently commented on HTH shares. Raymond James lowered shares of Hilltop from a “market perform” rating to an “underperform” rating in a research report on Thursday, December 19th. Keefe, Bruyette & Woods cut their target price on shares of Hilltop from $35.00 to $34.00 and set a “market perform” rating for the company in a research report on Monday, February 3rd.

Hilltop Company Profile

Hilltop Holdings Inc provides business and consumer banking services. It operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. The Banking segment offers savings, checking, interest-bearing checking, and money market accounts; certificates of deposit; lines and letters of credit, home improvement and equity loans, loans for purchasing and carrying securities, term, agricultural and commercial real estate, equipment loans, and other lending products; and mortgage, commercial and industrial loans, and term and construction finance.