Hilltop (NYSE:HTH – Get Free Report) released its earnings results on Thursday. The financial services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.39 by $0.07, Briefing.com reports. The business had revenue of $411.49 million for the quarter, compared to the consensus estimate of $302.29 million. Hilltop had a return on equity of 5.30% and a net margin of 7.10%. During the same period in the previous year, the company posted $0.57 earnings per share.
Hilltop Price Performance
Hilltop stock traded down $0.34 during midday trading on Friday, reaching $30.21. 362,382 shares of the company traded hands, compared to its average volume of 309,392. Hilltop has a 12 month low of $26.96 and a 12 month high of $35.66. The business has a 50 day moving average of $31.84 and a two-hundred day moving average of $31.27. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of 17.85 and a beta of 1.13.
Insiders Place Their Bets
In other news, Director Hill A. Feinberg sold 17,157 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $32.99, for a total value of $566,009.43. Following the transaction, the director now directly owns 544,979 shares in the company, valued at $17,978,857.21. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 28.90% of the stock is currently owned by insiders.
Analyst Ratings Changes
Read Our Latest Analysis on HTH
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.
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