Hilltop Holdings Inc. (HTH) on Focus After Forming Bearish Double Bottom Chart Pattern

January 13, 2018 - By Nellie Frank

Investors sentiment increased to 1.13 in 2017 Q3. Its up 0.21, from 0.92 in 2017Q2. It improved, as 16 investors sold Hilltop Holdings Inc. shares while 45 reduced holdings. 21 funds opened positions while 48 raised stakes. 52.43 million shares or 0.34% more from 52.25 million shares in 2017Q2 were reported.
Morgan Stanley invested in 0% or 102,571 shares. The Montana-based First Interstate Fincl Bank has invested 0.02% in Hilltop Holdings Inc. (NYSE:HTH). Indexiq Advsrs Ltd Limited Liability Company owns 31,551 shares for 0.04% of their portfolio. Ubs Asset Mgmt Americas Inc holds 0% or 49,282 shares. Tower Ltd Liability Com (Trc) owns 0.03% invested in Hilltop Holdings Inc. (NYSE:HTH) for 12,101 shares. Prelude Cap Limited Liability Corporation stated it has 0% of its portfolio in Hilltop Holdings Inc. (NYSE:HTH). Deutsche Savings Bank Ag invested in 162,400 shares or 0% of the stock. Us Natl Bank De holds 0% or 34,953 shares. Paloma Prtn Mgmt invested 0.01% in Hilltop Holdings Inc. (NYSE:HTH). M&T Bankshares has invested 0% in Hilltop Holdings Inc. (NYSE:HTH). Wellington Mgmt Group Llp has 0% invested in Hilltop Holdings Inc. (NYSE:HTH). Millennium Management Ltd Company invested in 0.03% or 775,903 shares. Moreover, Envestnet Asset Mngmt has 0% invested in Hilltop Holdings Inc. (NYSE:HTH). 2,714 are owned by Stephens Inc Ar. Credit Suisse Ag, Switzerland-based fund reported 80,190 shares.

Since August 4, 2017, it had 0 buys, and 3 sales for $6.58 million activity. Another trade for 225,000 shares valued at $5.81 million was made by Feinberg Hill A on Friday, August 4. 4,389 shares valued at $114,016 were sold by GREEN J MARKHAM on Monday, August 14.

The chart of Hilltop Holdings Inc. (HTH) shows a double bottom with $25.37 target or 4.00 % below today’s $26.43 share price. The 9 months chart pattern indicates high risk for the $2.54 billion company. It was reported on Jan, 13 by Finviz.com. If the $25.37 price target is reached, the company will be worth $101.40 million less. Double bottoms are rare but powerful chart patterns.

The stock increased 0.04% or $0.01 during the last trading session, reaching $26.43. About 484,753 shares traded or 25.16% up from the average. Hilltop Holdings Inc. (NYSE:HTH) has risen 30.60% since January 13, 2017 and is uptrending. It has outperformed by 13.90% the S&P500.

Analysts await Hilltop Holdings Inc. (NYSE:HTH) to report earnings on January, 25. They expect $0.39 earnings per share, up 8.33 % or $0.03 from last year’s $0.36 per share. HTH’s profit will be $37.41M for 16.94 P/E if the $0.39 EPS becomes a reality. After $0.31 actual earnings per share reported by Hilltop Holdings Inc. for the previous quarter, Wall Street now forecasts 25.81 % EPS growth.

Hilltop Holdings Inc. (NYSE:HTH) Ratings Coverage

Among 7 analysts covering Hilltop Holdings (NYSE:HTH), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. Hilltop Holdings had 21 analyst reports since August 4, 2015 according to SRatingsIntel. SunTrust maintained it with “Buy” rating and $29.0 target in Monday, January 8 report. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Monday, October 31. Keefe Bruyette & Woods maintained Hilltop Holdings Inc. (NYSE:HTH) rating on Tuesday, August 8. Keefe Bruyette & Woods has “Hold” rating and $3100 target. SunTrust maintained it with “Buy” rating and $28.0 target in Sunday, October 29 report. Stephens maintained it with “Buy” rating and $3100 target in Friday, July 28 report. The stock of Hilltop Holdings Inc. (NYSE:HTH) earned “Hold” rating by Piper Jaffray on Friday, September 1. Keefe Bruyette & Woods maintained Hilltop Holdings Inc. (NYSE:HTH) on Thursday, December 21 with “Hold” rating. FBR Capital maintained Hilltop Holdings Inc. (NYSE:HTH) on Monday, September 12 with “Mkt Perform” rating. As per Tuesday, August 1, the company rating was upgraded by Compass Point. On Thursday, July 27 the stock rating was maintained by Piper Jaffray with “Hold”.

More recent Hilltop Holdings Inc. (NYSE:HTH) news were published by: Businesswire.com which released: “Hilltop Holdings Relocates, Consolidates Corporate Headquarters within Dallas” on January 08, 2018. Also Businesswire.com published the news titled: “Hilltop Holdings Inc. Announces Fourth Quarter and Full Year 2017 Earnings …” on January 11, 2018. Zacks.com‘s news article titled: “Rising Costs Curb Hilltop Holdings’ Profits: Time to Sell?” with publication date: January 05, 2018 was also an interesting one.

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