Heartland Financial USA Inc. (NASDAQ:HTLF) Director Kurt Saylor sold 16,700 shares of Heartland Financial USA stock in a transaction on Monday, September 19th. The shares were sold at an average price of $35.93, for a total transaction of $600,031.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Tuesday, September 20th, Kurt Saylor sold 5,800 shares of Heartland Financial USA stock. The shares were sold at an average price of $35.97, for a total transaction of $208,626.00.
  • On Tuesday, September 13th, Kurt Saylor sold 1,506 shares of Heartland Financial USA stock. The shares were sold at an average price of $36.07, for a total transaction of $54,321.42.
  • On Monday, September 12th, Kurt Saylor sold 20,994 shares of Heartland Financial USA stock. The shares were sold at an average price of $36.63, for a total transaction of $769,010.22.
  • On Tuesday, September 6th, Kurt Saylor sold 22,500 shares of Heartland Financial USA stock. The shares were sold at an average price of $36.86, for a total transaction of $829,350.00.
  • On Tuesday, August 30th, Kurt Saylor sold 13,500 shares of Heartland Financial USA stock. The shares were sold at an average price of $35.35, for a total transaction of $477,225.00.
  • On Monday, August 29th, Kurt Saylor sold 9,000 shares of Heartland Financial USA stock. The shares were sold at an average price of $35.40, for a total transaction of $318,600.00.
  • On Wednesday, August 24th, Kurt Saylor sold 2,350 shares of Heartland Financial USA stock. The shares were sold at an average price of $35.32, for a total transaction of $83,002.00.
  • On Tuesday, August 23rd, Kurt Saylor sold 7,650 shares of Heartland Financial USA stock. The shares were sold at an average price of $35.62, for a total transaction of $272,493.00.
  • On Monday, August 22nd, Kurt Saylor sold 12,500 shares of Heartland Financial USA stock. The shares were sold at an average price of $35.46, for a total transaction of $443,250.00.
  • On Wednesday, August 17th, Kurt Saylor sold 2,400 shares of Heartland Financial USA stock. The shares were sold at an average price of $36.06, for a total transaction of $86,544.00.

Heartland Financial USA Inc. (NASDAQ:HTLF) opened at 36.59 on Friday. The company has a market cap of $898.10 million, a PE ratio of 12.02 and a beta of 0.70. Heartland Financial USA Inc. has a 52 week low of $25.95 and a 52 week high of $39.45. The company has a 50-day moving average of $36.24 and a 200-day moving average of $34.30.

Heartland Financial USA (NASDAQ:HTLF) last released its quarterly earnings results on Monday, July 25th. The company reported $0.84 earnings per share for the quarter, beating the Thomson Reuters’ 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 company had revenue of $104.14 million for the quarter, compared to analyst estimates of $103 million. During the same quarter in the prior year, the firm posted $0.72 EPS. Heartland Financial USA’s quarterly revenue was up 17.9% compared to the same quarter last year. On average, equities analysts expect that Heartland Financial USA Inc. will post $3.12 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 2nd. Investors of record on Friday, August 19th were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, August 17th. This represents a $0.40 annualized dividend and a yield of 1.09%. Heartland Financial USA’s payout ratio is presently 13.25%.

A number of hedge funds have recently added to or reduced their stakes in HTLF. Sii Investments Inc. WI bought a new stake in Heartland Financial USA during the first quarter valued at $353,000. TIAA CREF Investment Management LLC raised its stake in Heartland Financial USA by 27.1% in the first quarter. TIAA CREF Investment Management LLC now owns 93,101 shares of the company’s stock worth $2,867,000 after buying an additional 19,849 shares during the last quarter. Prudential Financial Inc. raised its stake in Heartland Financial USA by 22.6% in the first quarter. Prudential Financial Inc. now owns 193,875 shares of the company’s stock worth $5,969,000 after buying an additional 35,700 shares during the last quarter. BlackRock Group LTD raised its stake in Heartland Financial USA by 219.7% in the first quarter. BlackRock Group LTD now owns 6,323 shares of the company’s stock worth $195,000 after buying an additional 4,345 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. raised its stake in Heartland Financial USA by 1.9% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 527,110 shares of the company’s stock worth $16,230,000 after buying an additional 9,866 shares during the last quarter. Institutional investors own 41.20% of the company’s stock.

Several research firms recently weighed in on HTLF. DA Davidson lifted their price target on shares of Heartland Financial USA from $42.00 to $43.00 and gave the company a “buy” rating in a report on Tuesday, July 26th. Sandler O’Neill cut shares of Heartland Financial USA from a “buy” rating to a “hold” rating in a report on Tuesday, July 26th. Keefe, Bruyette & Woods boosted their target price on shares of Heartland Financial USA from $35.00 to $37.00 and gave the company a “market perform” rating in a report on Wednesday, July 27th. Finally, Zacks Investment Research upgraded shares of Heartland Financial USA from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a report on Wednesday, July 27th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $37.50.

About Heartland Financial USA

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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