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Fintel reports that on January 5, 2024, Raymond James upgraded their outlook for Hilltop Holdings (NYSE:HTH) from Underperform to Market Perform .

Analyst Price Forecast Suggests 8.59% Downside

As of December 16, 2023, the average one-year price target for Hilltop Holdings is 31.28. The forecasts range from a low of 28.28 to a high of $33.60. The average price target represents a decrease of 8.59% from its latest reported closing price of 34.22.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Hilltop Holdings is 509MM, a decrease of 56.78%. The projected annual non-GAAP EPS is 1.83.

Hilltop Holdings Declares $0.16 Dividend

On October 19, 2023 the company declared a regular quarterly dividend of $0.16 per share ($0.64 annualized). Shareholders of record as of November 13, 2023 received the payment on November 28, 2023. Previously, the company paid $0.16 per share.

At the current share price of $34.22 / share, the stock's dividend yield is 1.87%.

Looking back five years and taking a sample every week, the average dividend yield has been 1.76%, the lowest has been 1.10%, and the highest has been 2.58%. The standard deviation of yields is 0.35 (n=233).

The current dividend yield is 0.32 standard deviations above the historical average.

Additionally, the company's dividend payout ratio is 0.39. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.

The company's 3-Year dividend growth rate is 0.78%, demonstrating that it has increased its dividend over time.

What is the Fund Sentiment?

There are 449 funds or institutions reporting positions in Hilltop Holdings. This is a decrease of 3 owner(s) or 0.66% in the last quarter. Average portfolio weight of all funds dedicated to HTH is 0.12%, an increase of 4.20%. Total shares owned by institutions increased in the last three months by 6.33% to 43,850K shares. The put/call ratio of HTH is 0.27, indicating a bullish outlook.

What are Other Shareholders Doing?

IJR - iShares Core S&P Small-Cap ETF holds 3,088K shares representing 4.74% ownership of the company. In it's prior filing, the firm reported owning 3,220K shares, representing a decrease of 4.26%. The firm decreased its portfolio allocation in HTH by 10.30% over the last quarter.

North Reef Capital Management holds 2,525K shares representing 3.87% ownership of the company. In it's prior filing, the firm reported owning 1,719K shares, representing an increase of 31.92%. The firm increased its portfolio allocation in HTH by 8.73% over the last quarter.

Capital Research Global Investors holds 2,250K shares representing 3.45% ownership of the company. In it's prior filing, the firm reported owning 1,200K shares, representing an increase of 46.67%. The firm increased its portfolio allocation in HTH by 73.69% over the last quarter.

SMCWX - SMALLCAP WORLD FUND INC holds 2,000K shares representing 3.07% ownership of the company. In it's prior filing, the firm reported owning 1,200K shares, representing an increase of 40.00%. The firm increased its portfolio allocation in HTH by 58.69% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,404K shares representing 2.15% ownership of the company. In it's prior filing, the firm reported owning 1,402K shares, representing an increase of 0.11%. The firm decreased its portfolio allocation in HTH by 6.33% over the last quarter.

Hilltop Holdings Background Information
(This description is provided by the company.)

H World Group Limited, formerly Huazhu Group Limited, is a China-based investment holding company.

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