Hilltop Holdings Inc. (HTH) Forms $25.43 Double Bottom; Omnova Solutions (OMN) Sellers Decreased By 3.77% Their Shorts

March 13, 2018 - By John Hoffman

Omnova Solutions Inc (NYSE:OMN) had a decrease of 3.77% in short interest. OMN’s SI was 252,700 shares in March as released by FINRA. Its down 3.77% from 262,600 shares previously. With 130,200 avg volume, 2 days are for Omnova Solutions Inc (NYSE:OMN)’s short sellers to cover OMN’s short positions. The SI to Omnova Solutions Inc’s float is 0.59%. The stock increased 1.40% or $0.15 during the last trading session, reaching $10.9. About 13,539 shares traded. OMNOVA Solutions Inc. (NYSE:OMN) has risen 33.59% since March 13, 2017 and is uptrending. It has outperformed by 16.89% the S&P500.

Hilltop Holdings Inc. (HTH) formed double bottom with $24.41 target or 4.00% below today’s $25.43 share price. Hilltop Holdings Inc. (HTH) has $2.44 billion valuation. The stock decreased 0.35% or $0.09 during the last trading session, reaching $25.43. About 51,625 shares traded. Hilltop Holdings Inc. (NYSE:HTH) has risen 30.60% since March 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 April, 24. They expect $0.33 earnings per share, up 22.22% or $0.06 from last year’s $0.27 per share. HTH’s profit will be $31.68 million for 19.27 P/E if the $0.33 EPS becomes a reality. After $0.44 actual earnings per share reported by Hilltop Holdings Inc. for the previous quarter, Wall Street now forecasts -25.00% negative EPS growth.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.10, from 1.13 in 2017Q2. It is negative, 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. 675,578 were reported by Wellington Mngmt Limited Liability Partnership. Ls Advsrs, a Michigan-based fund reported 73,082 shares. Maltese Cap Management Limited Liability Company reported 115,000 shares stake. Banc Funds Commerce Ltd Limited Liability Company holds 227,532 shares or 0.27% of its portfolio. Ratan Mgmt Ltd Partnership stated it has 2.46% in Hilltop Holdings Inc. (NYSE:HTH). Price T Rowe Associate Incorporated Md has 804,950 shares for 0% of their portfolio. Vanguard Grp holds 0.01% or 6.13 million shares. Syntal Cap Prtn Ltd Liability holds 0.15% or 8,045 shares. Geode Capital Mgmt Limited Liability reported 690,324 shares. Gluskin Sheff Assoc reported 579,960 shares. Invesco holds 77,614 shares or 0% of its portfolio. Great West Life Assurance Can holds 10,163 shares or 0% of its portfolio. Strs Ohio holds 0% in Hilltop Holdings Inc. (NYSE:HTH) or 11,500 shares. Federated Investors Pa invested in 0.04% or 591,070 shares. Ubs Asset Mgmt Americas reported 0% of its portfolio in Hilltop Holdings Inc. (NYSE:HTH).

Among 7 analysts covering Hilltop Holdings (NYSE:HTH), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Hilltop Holdings has $3100 highest and $20.50 lowest target. $28’s average target is 10.11% above currents $25.43 stock price. Hilltop Holdings had 24 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Sunday, January 28 by Piper Jaffray. The company was maintained on Tuesday, August 8 by Keefe Bruyette & Woods. The stock of Hilltop Holdings Inc. (NYSE:HTH) has “Buy” rating given on Sunday, October 29 by SunTrust. The stock of Hilltop Holdings Inc. (NYSE:HTH) has “Neutral” rating given on Wednesday, November 23 by Compass Point. The firm earned “Underperform” rating on Thursday, August 10 by Raymond James. The stock has “Buy” rating by Stephens on Monday, June 26. The rating was downgraded by Keefe Bruyette & Woods on Monday, October 31 to “Mkt Perform”. On Thursday, December 17 the stock rating was downgraded by Raymond James to “Mkt Perform”. Piper Jaffray downgraded the stock to “Neutral” rating in Wednesday, May 10 report. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.07, from 1.11 in 2017Q2. It dropped, as 6 investors sold OMNOVA Solutions Inc. shares while 38 reduced holdings. 13 funds opened positions while 36 raised stakes. 38.61 million shares or 1.15% more from 38.17 million shares in 2017Q2 were reported. Connor Clark And Lunn Inv Management Limited holds 0.01% or 106,325 shares in its portfolio. Menta Capital Limited Liability Company has 275,461 shares. Virtu Lc invested in 18,298 shares or 0% of the stock. Vanguard Grp holds 0% or 1.83M shares. Thrivent Financial For Lutherans owns 547,117 shares. Envestnet Asset Mgmt holds 0% of its portfolio in OMNOVA Solutions Inc. (NYSE:OMN) for 9,993 shares. Moreover, Price T Rowe Associates Md has 0% invested in OMNOVA Solutions Inc. (NYSE:OMN). Malaga Cove Capital Llc invested in 0.55% or 84,809 shares. Winslow Asset Mngmt invested 2.33% in OMNOVA Solutions Inc. (NYSE:OMN). Swiss National Bank has 0% invested in OMNOVA Solutions Inc. (NYSE:OMN). Citadel Limited Liability Corporation holds 0% or 56,365 shares in its portfolio. Art Advsr Limited Liability Company accumulated 26,200 shares or 0.01% of the stock. Lsv Asset Mngmt invested in 0.01% or 337,100 shares. State Board Of Administration Of Florida Retirement holds 0% of its portfolio in OMNOVA Solutions Inc. (NYSE:OMN) for 41,994 shares. New York-based Robotti Robert has invested 3.09% in OMNOVA Solutions Inc. (NYSE:OMN).

OMNOVA Solutions Inc. provides emulsion polymers, specialty chemicals, and engineered surfaces for various commercial, industrial, and residential end uses in the United States, Europe, and Asia. The company has market cap of $488.43 million. The firm operates in two divisions, Performance Chemicals and Engineered Surfaces. It currently has negative earnings. The Performance Chemicals segment produces a range of latices, hollow plastic pigments, resins, binders, adhesives, specialty rubbers, antioxidants, and elastomeric modifiers, which are used in gas and oil drilling and production, specialty coatings, paper and packaging, carpet, nonwovens, construction, adhesives, tape, tires, floor care, textiles, graphic arts, polymer stabilization, industrial rubbers and thermoplastics, synthetic gloves, and various other specialty applications.

Among 3 analysts covering Omnova Solutions (NYSE:OMN), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Omnova Solutions had 8 analyst reports since September 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, September 28 by Deutsche Bank. On Friday, June 16 the stock rating was maintained by Jefferies with “Buy”. The stock of OMNOVA Solutions Inc. (NYSE:OMN) earned “Hold” rating by KeyBanc Capital Markets on Thursday, August 24. The stock of OMNOVA Solutions Inc. (NYSE:OMN) has “Buy” rating given on Monday, August 28 by Jefferies. As per Thursday, September 28, the company rating was maintained by KeyBanc Capital Markets. The firm earned “Buy” rating on Tuesday, July 18 by Jefferies. Jefferies maintained OMNOVA Solutions Inc. (NYSE:OMN) rating on Wednesday, January 31. Jefferies has “Buy” rating and $14.0 target. The rating was maintained by Jefferies with “Buy” on Tuesday, October 10.