Heartland Financial USA Inc. (NASDAQ:HTLF) Director Kurt Saylor sold 20,994 shares of the stock in a transaction that occurred on Monday, September 12th. The shares were sold at an average price of $36.63, for a total transaction of $769,010.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 transaction of $54,321.42.
  • 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $86,544.00.
  • On Tuesday, August 16th, Kurt Saylor sold 10,100 shares of Heartland Financial USA stock. The stock was sold at an average price of $36.16, for a total transaction of $365,216.00.
  • On Monday, August 15th, Kurt Saylor sold 10,000 shares of Heartland Financial USA stock. The stock was sold at an average price of $36.25, for a total transaction of $362,500.00.

Heartland Financial USA Inc. (NASDAQ:HTLF) opened at 35.83 on Monday. Heartland Financial USA Inc. has a 52 week low of $25.95 and a 52 week high of $39.45. The stock has a market cap of $879.45 million, a P/E ratio of 11.77 and a beta of 0.70. The stock has a 50 day moving average of $36.35 and a 200-day moving average of $34.08.

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

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

Hedge funds have recently added to or reduced their stakes in the company. Sii Investments Inc. WI acquired a new stake in Heartland Financial USA during the first quarter worth approximately $353,000. TIAA CREF Investment Management LLC increased 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. increased 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 increased 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. increased 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 and hedge funds own 41.20% of the company’s stock.

A number of brokerages recently issued reports on HTLF. Sandler O’Neill lowered shares of Heartland Financial USA from a “buy” rating to a “hold” rating in a research report on Tuesday, July 26th. DA Davidson raised their target price on shares of Heartland Financial USA from $42.00 to $43.00 and gave the stock a “buy” rating in a research report on Tuesday, July 26th. 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 research report on Wednesday, July 27th. Finally, Keefe, Bruyette & Woods increased their price target on shares of 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 given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target 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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