Shares of Heartland Financial USA Inc. (NASDAQ:HTLF) were up 2.6% on Thursday . The stock traded as high as $36.75 and last traded at $36.70, with a volume of 89,439 shares trading hands. The stock had previously closed at $35.78.

Several analysts have recently weighed in on HTLF shares. Zacks Investment Research upgraded shares of Heartland Financial USA from a “hold” rating to a “strong-buy” rating and set a $39.00 target price on the stock in a research report on Wednesday, April 27th. Royal Bank Of Canada lifted their price target on shares of Heartland Financial USA from $30.00 to $35.00 and gave the company a “sector perform” rating in a report on Tuesday, April 26th. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Heartland Financial USA presently has an average rating of “Buy” and a consensus price target of $35.20.

The stock has a market capitalization of $886.43 million and a PE ratio of 12.44. The stock’s 50-day moving average is $34.72 and its 200 day moving average is $31.83.

Heartland Financial USA (NASDAQ:HTLF) last released its quarterly earnings data on Monday, April 25th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.19. During the same quarter in the prior year, the business posted $0.76 earnings per share. On average, analysts predict that Heartland Financial USA Inc. will post $3.04 earnings per share for the current fiscal year.

In other news, Director Kurt Saylor sold 115,317 shares of Heartland Financial USA stock in a transaction on Tuesday, June 14th. The shares were sold at an average price of $34.63, for a total value of $3,993,427.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

A number of hedge funds have bought and sold shares of the stock. Dimensional Fund Advisors LP increased its stake in Heartland Financial USA by 4.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 659,676 shares of the company’s stock valued at $20,688,000 after buying an additional 27,952 shares during the last quarter. California State Teachers Retirement System increased its stake in Heartland Financial USA by 7.7% in the fourth quarter. California State Teachers Retirement System now owns 35,042 shares of the company’s stock valued at $1,099,000 after buying an additional 2,500 shares during the last quarter. LSV Asset Management increased its stake in Heartland Financial USA by 3.7% in the fourth quarter. LSV Asset Management now owns 53,866 shares of the company’s stock valued at $1,689,000 after buying an additional 1,900 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in Heartland Financial USA by 0.8% in the fourth quarter. American Century Companies Inc. now owns 48,077 shares of the company’s stock valued at $1,508,000 after buying an additional 381 shares during the last quarter.

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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