Heartland Financial USA Inc. (NASDAQ:HTLF) Director Kurt Saylor sold 16,700 shares of the business’s stock in a transaction dated Monday, September 19th. The shares were sold at an average price of $35.93, for a total value of $600,031.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

  • 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value of $86,544.00.
  • On Tuesday, August 16th, Kurt Saylor sold 10,100 shares of Heartland Financial USA stock. The shares were sold at an average price of $36.16, for a total value of $365,216.00.

Shares of Heartland Financial USA Inc. (NASDAQ:HTLF) opened at 35.80 on Wednesday. Heartland Financial USA Inc. has a 52 week low of $25.95 and a 52 week high of $39.45. The stock has a 50 day moving average price of $36.24 and a 200-day moving average price of $34.27. The stock has a market cap of $878.71 million, a P/E ratio of 11.76 and a beta of 0.70.

Heartland Financial USA (NASDAQ:HTLF) last posted its quarterly earnings results on Monday, July 25th. The company reported $0.84 earnings per share for the quarter, beating the Zacks’ 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 analysts’ expectations of $103 million. During the same period last year, the firm earned $0.72 earnings per share. Heartland Financial USA’s quarterly revenue was up 17.9% on a year-over-year basis. Equities analysts predict that Heartland Financial USA Inc. will post $3.12 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 2nd. Shareholders of record on Friday, August 19th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date was Wednesday, August 17th. Heartland Financial USA’s dividend payout ratio is presently 13.25%.

Hedge funds have recently bought and sold shares of the stock. Legal & General Group Plc boosted its stake in Heartland Financial USA by 7.3% in the second quarter. Legal & General Group Plc now owns 3,024 shares of the company’s stock worth $104,000 after buying an additional 206 shares in the last quarter. Acrospire Investment Management LLC acquired a new stake in Heartland Financial USA during the first quarter worth $113,000. BlackRock Inc. boosted its stake in Heartland Financial USA by 216.9% in the second quarter. BlackRock Inc. now owns 5,102 shares of the company’s stock worth $180,000 after buying an additional 3,492 shares in the last quarter. BlackRock Group LTD boosted 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 in the last quarter. Finally, Clinton Group Inc. acquired a new stake in Heartland Financial USA during the second quarter worth $203,000. Institutional investors own 41.20% of the company’s stock.

HTLF has been the topic of several research analyst reports. Zacks Investment Research downgraded Heartland Financial USA from a “buy” rating to a “hold” rating in a research note on Wednesday, June 29th. DA Davidson upped their target price on Heartland Financial USA from $42.00 to $43.00 and gave the stock a “buy” rating in a research note on Tuesday, July 26th. Sandler O’Neill downgraded Heartland Financial USA from a “buy” rating to a “hold” rating in a research note on Tuesday, July 26th. Finally, Keefe, Bruyette & Woods upped their target price on Heartland Financial USA from $35.00 to $37.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 27th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Heartland Financial USA currently has a consensus 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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