Heartland Financial USA Inc. (NASDAQ:HTLF) declared a quarterly dividend on Friday, October 21st. Stockholders of record on Friday, November 18th will be paid a dividend of 0.10 per share on Friday, December 2nd. This represents a $0.40 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Wednesday, November 16th.

Heartland Financial USA (NASDAQ:HTLF) opened at 39.30 on Friday. The stock has a 50 day moving average price of $37.06 and a 200 day moving average price of $35.72. Heartland Financial USA has a one year low of $25.95 and a one year high of $39.50. The firm has a market cap of $1024.28 billion, a PE ratio of 12.32 and a beta of 0.62.

Heartland Financial USA (NASDAQ:HTLF) last issued its quarterly earnings data on Monday, October 31st. The company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.06. Heartland Financial USA had a net margin of 17.73% and a return on equity of 11.77%. During the same period last year, the company posted $0.69 EPS. Equities research analysts expect that Heartland Financial USA will post $3.20 EPS for the current year.

Dividend History for Heartland Financial USA (NASDAQ:HTLF)

In related news, Director Kurt Saylor sold 22,500 shares of the stock in a transaction dated Tuesday, September 6th. The shares were sold at an average price of $36.86, for a total transaction of $829,350.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 12.63% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in HTLF. TIAA CREF Investment Management LLC raised its stake in Heartland Financial USA by 35.7% in the second quarter. TIAA CREF Investment Management LLC now owns 126,335 shares of the company’s stock valued at $4,458,000 after buying an additional 33,234 shares during the period. TFS Capital LLC purchased a new position in Heartland Financial USA during the second quarter valued at approximately $448,000. Martingale Asset Management L P boosted its position in Heartland Financial USA by 4.3% in the second quarter. Martingale Asset Management L P now owns 53,167 shares of the company’s stock valued at $1,877,000 after buying an additional 2,171 shares during the period. American International Group Inc. boosted its position in Heartland Financial USA by 21.1% in the second quarter. American International Group Inc. now owns 12,641 shares of the company’s stock valued at $446,000 after buying an additional 2,205 shares during the period. Finally, Alliancebernstein L.P. boosted its position in Heartland Financial USA by 60.6% in the second quarter. Alliancebernstein L.P. now owns 33,395 shares of the company’s stock valued at $1,179,000 after buying an additional 12,600 shares during the period. Hedge funds and other institutional investors own 40.70% of the company’s stock.

A number of equities analysts have commented on HTLF shares. Zacks Investment Research upgraded shares of Heartland Financial USA from a “hold” rating to a “buy” rating and set a $43.00 price objective on the stock in a report on Wednesday, November 2nd. Sandler O’Neill lowered shares of Heartland Financial USA from a “buy” rating to a “hold” rating in a report on Tuesday, July 26th. Keefe, Bruyette & Woods boosted their price objective on shares of Heartland Financial USA from $35.00 to $37.00 and gave the stock a “market perform” rating in a report on Wednesday, July 27th. Finally, DA Davidson boosted their price objective on shares of Heartland Financial USA from $42.00 to $43.00 and gave the stock a “buy” rating in a report on Tuesday, July 26th. Four analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Heartland Financial USA has a consensus rating of “Buy” and an average target price of $37.83.

Heartland Financial USA Company Profile

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.

5 Day Chart for NASDAQ:HTLF

Receive News & Stock Ratings for Heartland Financial USA Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heartland Financial USA Inc. and related stocks with our FREE daily email newsletter.