Heartland Financial USA Inc. (NASDAQ:HTLF) Director Kurt Saylor sold 5,800 shares of Heartland Financial USA stock in a transaction on Tuesday, September 20th. The stock was sold at an average price of $35.97, for a total value of $208,626.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Kurt Saylor also recently made the following trade(s):

  • On Monday, September 19th, Kurt Saylor sold 16,700 shares of Heartland Financial USA stock. The stock was sold at an average price of $35.93, for a total value of $600,031.00.
  • On Tuesday, September 13th, Kurt Saylor sold 1,506 shares of Heartland Financial USA stock. The stock was sold at an average price of $36.07, for a total value of $54,321.42.
  • On Monday, September 12th, Kurt Saylor sold 20,994 shares of Heartland Financial USA stock. The stock was sold at an average price of $36.63, for a total value of $769,010.22.
  • On Tuesday, September 6th, Kurt Saylor sold 22,500 shares of Heartland Financial USA stock. The stock was sold at an average price of $36.86, for a total value of $829,350.00.
  • On Tuesday, August 30th, Kurt Saylor sold 13,500 shares of Heartland Financial USA stock. The stock was sold at an average price of $35.35, for a total value of $477,225.00.
  • On Monday, August 29th, Kurt Saylor sold 9,000 shares of Heartland Financial USA stock. The stock was sold at an average price of $35.40, for a total value of $318,600.00.
  • On Wednesday, August 24th, Kurt Saylor sold 2,350 shares of Heartland Financial USA stock. The stock was sold at an average price of $35.32, for a total value of $83,002.00.
  • On Tuesday, August 23rd, Kurt Saylor sold 7,650 shares of Heartland Financial USA stock. The stock was sold at an average price of $35.62, for a total value of $272,493.00.
  • On Monday, August 22nd, Kurt Saylor sold 12,500 shares of Heartland Financial USA stock. The stock was sold at an average price of $35.46, for a total value of $443,250.00.
  • On Wednesday, August 17th, Kurt Saylor sold 2,400 shares of Heartland Financial USA stock. The stock was sold at an average price of $36.06, for a total value of $86,544.00.

Shares of Heartland Financial USA Inc. (NASDAQ:HTLF) opened at 35.92 on Thursday. Heartland Financial USA Inc. has a 52-week low of $25.95 and a 52-week high of $39.45. The firm has a market cap of $881.66 million, a PE ratio of 11.80 and a beta of 0.70. The company’s 50-day moving average price is $36.23 and its 200-day moving average price is $34.28.

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Heartland Financial USA (NASDAQ:HTLF) last posted its quarterly earnings data on Monday, July 25th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.08. Heartland Financial USA had a return on equity of 11.50% and a net margin of 17.14%. The firm had revenue of $104.14 million for the quarter, compared to the consensus estimate of $103 million. During the same quarter in the prior year, the business earned $0.72 EPS. The business’s revenue for the quarter was up 17.9% compared to the same quarter last year. Equities analysts expect that Heartland Financial USA Inc. will post $3.12 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 2nd. Shareholders of record on Friday, August 19th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend was Wednesday, August 17th. Heartland Financial USA’s payout ratio is 13.25%.

HTLF has been the subject of several recent analyst reports. DA Davidson raised their target price on Heartland Financial USA from $42.00 to $43.00 and gave the stock a “buy” rating in a research report on Tuesday, July 26th. Keefe, Bruyette & Woods raised their target price on Heartland Financial USA from $35.00 to $37.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 27th. Zacks Investment Research raised Heartland Financial USA from a “hold” rating to a “buy” rating and set a $41.00 target price for the company in a research report on Wednesday, July 27th. Finally, Sandler O’Neill cut Heartland Financial USA from a “buy” rating to a “hold” rating in a research report on Tuesday, July 26th. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $37.50.

Several hedge funds have recently modified their holdings of HTLF. Bogle Investment Management L P DE acquired a new stake in shares of Heartland Financial USA during the first quarter valued at approximately $573,000. Geode Capital Management LLC boosted its stake in shares of Heartland Financial USA by 4.7% in the first quarter. Geode Capital Management LLC now owns 130,135 shares of the company’s stock valued at $4,006,000 after buying an additional 5,858 shares during the last quarter. Consector Capital LP acquired a new stake in shares of Heartland Financial USA during the first quarter valued at approximately $776,000. AXA boosted its stake in shares of Heartland Financial USA by 237.6% in the first quarter. AXA now owns 16,206 shares of the company’s stock valued at $499,000 after buying an additional 11,406 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Heartland Financial USA by 2.5% in the first quarter. State Street Corp now owns 319,539 shares of the company’s stock valued at $9,835,000 after buying an additional 7,851 shares during the last quarter. Institutional investors own 41.20% of the company’s stock.

Heartland Financial USA Company Profile

Heartland Financial USA, Inc (Heartland) is a multi-bank holding company. The Company’s segments include community and other banking, and retail mortgage banking. Its community and other banking segment is engaged in making loans to, and generating deposits from, individuals and businesses in the markets where Heartland has banks.

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