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Somewhat Positive Media Coverage Somewhat Unlikely to Impact Hilltop (HTH) Share Price

Media headlines about Hilltop (NYSE:HTH) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hilltop earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.552672519161 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:

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Zacks: Analysts Anticipate Hilltop Holdings Inc. (HTH) Will Post Quarterly Sales of $392.57 Million (americanbankingnews.com) Hill A. Feinberg Sells 50,000 Shares of Hilltop Holdings Inc. (HTH) Stock (americanbankingnews.com) Zacks: Analysts Expect Hilltop Holdings Inc. (HTH) Will Announce Earnings of $0.51 Per Share (americanbankingnews.com) Hilltop (HTH) Rating Lowered to Neutral at Compass Point (americanbankingnews.com) Hilltop goes ex-dividend on Monday (seekingalpha.com)

Shares of HTH stock opened at $22.46 on Wednesday. Hilltop has a 52 week low of $22.29 and a 52 week high of $22.59. The firm has a market capitalization of $2.18 billion, a P/E ratio of 13.53 and a beta of 1.13. The company has a quick ratio of 0.86, a current ratio of 0.99 and a debt-to-equity ratio of 0.03.

Hilltop (NYSE:HTH) last announced its quarterly earnings results on Thursday, April 26th. The financial services provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.07). Hilltop had a return on equity of 8.32% and a net margin of 7.67%. The business had revenue of $338.56 million during the quarter, compared to analysts’ expectations of $364.50 million. During the same period in the previous year, the business earned $0.27 EPS. sell-side analysts anticipate that Hilltop will post 1.85 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 31st. Investors of record on Tuesday, May 15th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Monday, May 14th. Hilltop’s payout ratio is 16.87%.

Hilltop announced that its Board of Directors has approved a share repurchase program on Thursday, January 25th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

A number of analysts have recently weighed in on the company. Compass Point lowered Hilltop from a “buy” rating to a “neutral” rating in a research note on Monday. Stephens reissued a “hold” rating and set a $25.00 price objective on shares of Hilltop in a research note on Thursday, May 3rd. ValuEngine raised Hilltop from a “hold” rating to a “buy” rating in a research note on Monday, April 23rd. Zacks Investment Research lowered Hilltop from a “buy” rating to a “hold” rating in a research note on Thursday, February 15th. Finally, Piper Jaffray reissued a “hold” rating and set a $30.00 price objective on shares of Hilltop in a research note on Sunday, January 28th. Four analysts have rated the stock with a sell rating and five have issued a hold rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $28.88.

In related news, insider Hill A. Feinberg sold 50,000 shares of the firm’s stock in a transaction on Friday, May 11th. The stock was sold at an average price of $22.71, for a total value of $1,135,500.00. Following the completion of the sale, the insider now owns 881,955 shares of the company’s stock, valued at $20,029,198.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Alan B. White sold 18,830 shares of the firm’s stock in a transaction on Monday, May 7th. The shares were sold at an average price of $22.61, for a total value of $425,746.30. Following the transaction, the chief executive officer now directly owns 210,157 shares of the company’s stock, valued at approximately $4,751,649.77. The disclosure for this sale can be found here. Company insiders own 22.50% of the company’s stock.

Hilltop Company Profile

Hilltop Holdings Inc provides banking and financial products and services. Its 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, equipment loans and leases, agricultural and commercial real estate loans, and other loans; and commercial, industrial, and single family residential mortgage loans.

Insider Buying and Selling by Quarter for Hilltop (NYSE:HTH)

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ECONOMIC DATA
St. Louis Fed President James Bullard will speak at 9:40 a.m. ET.
The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.
ANALYST RATINGS
Canaccord upgraded Thomson Reuters (NYSE: TRI) from Hold to Buy
Jefferies upgraded Tailored Brands (NYSE: TLRD) from Hold to Buy
Compass Point downgraded Hilltop Holdings (NYSE: HTH) from Buy to Neutral
Deutsche downgraded Hostess Brands (NASDAQ: TWNK) from Buy to Hold

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