Natixis Advisors L.P. decreased its holdings in shares of Heartland Financial USA Inc (NASDAQ:HTLF) by 22.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,714 shares of the bank’s stock after selling 7,800 shares during the quarter. Natixis Advisors L.P. owned approximately 0.08% of Heartland Financial USA worth $1,174,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HTLF. Larson Financial Group LLC acquired a new stake in Heartland Financial USA during the fourth quarter valued at approximately $60,000. Quantamental Technologies LLC acquired a new stake in Heartland Financial USA during the fourth quarter valued at approximately $94,000. MML Investors Services LLC acquired a new stake in Heartland Financial USA during the third quarter valued at approximately $203,000. Great West Life Assurance Co. Can lifted its stake in Heartland Financial USA by 40.4% during the fourth quarter. Great West Life Assurance Co. Can now owns 3,566 shares of the bank’s stock valued at $151,000 after purchasing an additional 1,026 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of Heartland Financial USA in the 4th quarter valued at approximately $228,000. Hedge funds and other institutional investors own 55.96% of the company’s stock.

Several equities research analysts recently commented on HTLF shares. Zacks Investment Research downgraded shares of Heartland Financial USA from a “hold” rating to a “sell” rating in a research report on Tuesday, January 8th. ValuEngine downgraded shares of Heartland Financial USA from a “hold” rating to a “sell” rating in a research report on Tuesday, January 29th. Finally, BidaskClub lowered shares of Heartland Financial USA from a “sell” rating to a “strong sell” rating in a research note on Saturday, December 1st. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $58.00.

In other Heartland Financial USA news, EVP Michael J. Coyle sold 1,000 shares of the firm’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $48.57, for a total value of $48,570.00. Following the sale, the executive vice president now directly owns 9,386 shares in the company, valued at approximately $455,878.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 6.60% of the company’s stock.

NASDAQ:HTLF opened at $42.05 on Monday. Heartland Financial USA Inc has a 1 year low of $41.57 and a 1 year high of $61.95. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $1.45 billion, a P/E ratio of 11.95, a PEG ratio of 1.01 and a beta of 0.93.

Heartland Financial USA (NASDAQ:HTLF) last posted its earnings results on Monday, January 28th. The bank reported $0.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.08). The firm had revenue of $137.30 million during the quarter, compared to analyst estimates of $139.99 million. Heartland Financial USA had a net margin of 20.35% and a return on equity of 9.53%. The business’s quarterly revenue was up 26.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.80 earnings per share. Research analysts forecast that Heartland Financial USA Inc will post 4.18 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 15th were given a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.52%. This is a positive change from Heartland Financial USA’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Thursday, February 14th. Heartland Financial USA’s dividend payout ratio (DPR) is currently 18.18%.

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Heartland Financial USA Profile

Heartland Financial USA, Inc, a multi-bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. It accepts various deposit products, including checking and other demand deposit accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, health savings accounts, and other time deposits.

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Institutional Ownership by Quarter for Heartland Financial USA (NASDAQ:HTLF)

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