Heartland BancCorp (OTCMKTS:HLAN) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Heartland BancCorp (OTCMKTS:HLAN)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $158.64 and traded as high as $169.36. Heartland BancCorp shares last traded at $153.27, with a volume of 894 shares changing hands.

Heartland BancCorp Price Performance

The business has a 50-day simple moving average of $158.64 and a 200 day simple moving average of $136.68. The firm has a market cap of $310.37 million, a PE ratio of 15.42 and a beta of 0.41.

Heartland BancCorp (OTCMKTS:HLAN) last released its earnings results on Monday, October 28th. The bank reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.27 by ($0.15). The company had revenue of $30.26 million for the quarter. On average, equities analysts forecast that Heartland BancCorp will post 9.27 earnings per share for the current fiscal year.

Heartland BancCorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were given a $0.759 dividend. The ex-dividend date was Friday, December 13th. This represents a $3.04 annualized dividend and a dividend yield of 1.98%. Heartland BancCorp’s payout ratio is 31.11%.

About Heartland BancCorp

Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also provides various lending solutions comprising agricultural loans, commercial and business lending, home and personal loans, and title services.