Heartland Financial USA (NASDAQ:HTLF) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Heartland Financial USA (NASDAQ:HTLF) in a report published on Sunday morning. The firm issued a hold rating on the bank’s stock.

Heartland Financial USA Trading Down 2.2 %

Shares of HTLF stock opened at $64.67 on Friday. Heartland Financial USA has a fifty-two week low of $32.97 and a fifty-two week high of $70.27. The stock has a market cap of $2.77 billion, a P/E ratio of 36.13 and a beta of 0.98. The business has a fifty day simple moving average of $64.98 and a 200-day simple moving average of $62.53. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.18.

Heartland Financial USA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Tuesday, January 14th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date of this dividend was Tuesday, January 14th. Heartland Financial USA’s payout ratio is currently 67.04%.

Institutional Trading of Heartland Financial USA

A number of large investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Heartland Financial USA by 5.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 32,576 shares of the bank’s stock valued at $1,997,000 after acquiring an additional 1,598 shares during the last quarter. Credit Industriel ET Commercial acquired a new stake in shares of Heartland Financial USA during the fourth quarter valued at $4,904,000. Focus Partners Advisor Solutions LLC boosted its stake in shares of Heartland Financial USA by 50.1% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 39,025 shares of the bank’s stock valued at $2,392,000 after acquiring an additional 13,020 shares during the last quarter. Continuum Advisory LLC acquired a new stake in shares of Heartland Financial USA during the fourth quarter valued at $269,000. Finally, Squarepoint Ops LLC boosted its stake in shares of Heartland Financial USA by 99.4% during the fourth quarter. Squarepoint Ops LLC now owns 314,348 shares of the bank’s stock valued at $19,271,000 after acquiring an additional 156,699 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

Heartland Financial USA Company Profile

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