QUOTE AND NEWS
Insurance Journal  Apr 2  Comment 
Hilltop Holdings Inc., a Dallas-based financial holding company with interests in financial services and insurance operations, announced an agreement to acquire SWS Group Inc., a holding company that provides investment and financial services...
TheStreet.com  Apr 1  Comment 
NEW YORK (TheStreet) -- Hilltop Holdings Inc was down 8% to $22.13 in aftermarket trading Tuesday.The decline comes following the announcement of an investigation by law firm Block & Leviton LLP into the SWS Group  and Hilltop Holdings merger...
StreetInsider.com  Mar 3  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Hilltop+Holdings+%28HTH%29+Reports+Q4+EPS+of+%240.34/9239009.html for the full story.
DailyFinance  Jan 10  Comment 
Hilltop Holdings Inc. (NYSE: HTH) submitted a written proposal to the SWS Group, Inc. Board of Directors to acquire all of the outstanding shares of SWS that it does not already own for $7.00 per share in 50% cash and 50%...
StreetInsider.com  Nov 13  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/Raymond+James+Upgrades+Hilltop+Holdings+%28HTH%29+to+Strong+Buy/8879206.html for the full story.
StreetInsider.com  Nov 12  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Hilltop+Holdings+%28HTH%29+Swings+to+Q3+Profit/8871612.html for the full story.
Forbes  Sep 16  Comment 
In trading on Monday, shares of Hilltop Holdings (NYSE: HTH) touched a new 52-week high of $17.75/share. That's a 49.54% rise, or $5.88 per share from the 52-week low of $11.87 set back on 09/13/2012. That means at today's intraday high, any...
StreetInsider.com  Aug 5  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Hilltop+Holdings+%28HTH%29+Swings+to+Q2+Profit/8567567.html for the full story.
Benzinga  Mar 18  Comment 
Sterne Agee maintained Hilltop Holdings (NYSE: HTH) with a Buy rating and a $16.50 price target. Sterne Agee analyst Brett Rabatin wrote, "We continue to believe HTH's valuation should migrate closer to Texas bank peers over the next several...




 
TOP CONTRIBUTORS

Hilltop Holdings Inc., is a holding company that is endeavoring to make additional opportunistic acquisitions or a business combination. Currently Hilltop's only business is NLASCO, Inc., a privately held property and casualty insurance holding company. NLASCO is a Delaware corporation that specializes in providing fire and homeowners insurance to low value dwellings and manufactured homes primarily in Texas and other areas of the south, southeastern and southwestern United States. NLASCO operates through its wholly-owned subsidiaries, National Lloyds Insurance Company, or NLIC and American Summit Insurance Company, or ASIC.

History

Hilltop Holdings Inc., formerly known as Affordable Residential Communities Inc., was organized in July 1998 as a Maryland corporation that was primarily engaged in the acquisition, renovation, repositioning and operation of all-age manufactured home communities, the retail sale and financing of manufactured homes, the rental of manufactured homes and other related businesses, all exclusively to residents in those communities.

On January 31, 2007, Hilltop acquired NLASCO. On July 31, 2007, Hilltop sold their manufactured home communities, retail sales and financing of manufactured home businesses to American Residential Communities LLC and retained ownership of NLASCO. In conjunction with the sale, Hilltop transferred their rights to the "Affordable Residential Communities" name, changed their name to Hilltop Holdings Inc., and moved their headquarters to Dallas, Texas. Their insurance operations are headquartered in Waco, Texas.

As part of their continuing efforts to restructure, the company retired $125 M worth of preferred shared in 10Q3 for $126.03 M. The dividend payments had been weighing down earnings, and thus the preferreds were retired soon after they became callable.

Management

  • The current Chairman and former President and CEO is famous investor Gerald J. Ford. Ford (worth $1.4 Bn according to Forbes) made his fortune with regional banks and insurers. He currently has more than $100 M invested in Hilltop.
  • The current President is Gerald Ford's son, Jeremy Ford. Jeremy Ford has been involved with depository institutions and insurance companies for the past ten years.
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