Hilltop Holdings (HTH) has been under a strong bear grip, hence the stock is down -0.34% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.17% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.14% in the last 1 week, and is up 0.05% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Hilltop Holdings Inc. is up 13.74% in the last 3-month period. Year-to-Date the stock performance stands at 15.4%. The stock has recorded a 20-day Moving Average of 0.02% and the 50-Day Moving Average is 2.72%.
Hilltop Holdings (NYSE:HTH): The stock opened at $22.18 on Friday but the bulls could not build on the opening and the stock topped out at $22.27 for the day. The stock traded down to $22.01 during the day, due to lack of any buying support eventually closed down at $22.18 with a loss of -0.63% for the day. The stock had closed at $22.32 on the previous day. The total traded volume was 249,111 shares.
Also, Keefe Bruyette & Woods maintains its rating on Hilltop Holdings (NYSE:HTH). The global brokerage major raises the current price target from $23 per share to $24 per share. Analysts at the Keefe Bruyette & Woods have a current rating of Outperform on the shares. The rating by the firm was issued on July 29, 2016.
Hilltop Holdings Inc. is a financial holding Company. The Company provides business and consumer banking services through PlainsCapital Corporation (PlainsCapital). It offers financial products and services through its business units: PlainsCapital, a financial holding company that provides banking services, residential mortgage lending, wealth and investment management and treasury management; Hilltop Securities Holdings LLC, a holding company that provides investment banking and other related financial services, including municipal advisory, sales, trading and underwriting of taxable and tax-exempt fixed income securities, equity trading, clearing, securities lending, structured finance and retail brokerage services, and National Lloyds Corporation, a property and casualty insurance holding company that provides fire and homeowners insurance to low value dwellings and manufactured homes. It operates in four segments: banking, broker-dealer, mortgage origination and insurance.