Heartland Financial USA Inc. Announces Quarterly Dividend of $0.10 (HTLF)
Heartland Financial USA (NASDAQ:HTLF) declared a quarterly dividend on Wednesday, January 22nd, AnalystRatings.NET reports. Shareholders of record on Friday, February 21st will be given a dividend of 0.10 per share on Friday, March 7th. This represents a $0.40 dividend on an annualized basis and a yield of 1.54%.
A number of analysts have recently weighed in on HTLF shares. Analysts at Zacks upgraded shares of Heartland Financial USA from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 31st. They now have a $29.90 price target on the stock. On a related note, analysts at Keefe, Bruyette & Woods reiterated a “buy” rating on shares of Heartland Financial USA in a research note to investors on Sunday, November 3rd. They now have a $33.00 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods cut their price target on shares of Heartland Financial USA from $28.00 to $26.00 in a research note to investors on Tuesday, October 29th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $31.98.
Heartland Financial USA (NASDAQ:HTLF) traded up 1.04% during mid-day trading on Wednesday, hitting $26.31. 7,826 shares of the company’s stock traded hands. Heartland Financial USA has a 52-week low of $22.40 and a 52-week high of $30.99. The stock’s 50-day moving average is $27.99 and its 200-day moving average is $27.8. The company has a market cap of $483.0 million and a P/E ratio of 12.04.
Heartland Financial USA, Inc (NASDAQ:HTLF) is a multi-bank holding company.
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