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Heartland Financial USA (NASDAQ:HTLF) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a note issued to investors on Wednesday, AnalystRatings.NET reports. They currently have a $24.80 price objective on the stock. Zacks‘ price objective indicates a potential downside of 5.05% from the stock’s previous close.

Heartland Financial USA (NASDAQ:HTLF) last posted its quarterly earnings results on Monday, January 27th. The company reported $0.42 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.42. During the same quarter in the previous year, the company posted $0.50 earnings per share.

The company also recently announced a quarterly dividend, which is scheduled for Friday, March 7th. Stockholders of record on Friday, February 21st will be paid a dividend of 0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.53%. The ex-dividend date is Wednesday, February 19th.

Separately, 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. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. Heartland Financial USA has a consensus rating of “Hold” and an average target price of $30.70.

Heartland Financial USA, Inc (NASDAQ:HTLF) is a multi-bank holding company.

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