Heartland Financial USA, Inc. (HTLF) Position Maintained by Swiss National Bank

Heartland Financial USA, Inc. (HTLF) Position Maintained by Swiss National Bank

Swiss National Bank held its stake in shares of Heartland Financial USA, Inc. (NASDAQ:HTLF) during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 29,100 shares of the company’s stock at the end of the third quarter. Swiss National Bank owned 0.12% of Heartland Financial USA worth $1,050,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in HTLF. Dubuque Bank & Trust Co. increased its stake in shares of Heartland Financial USA by 1.4% in the second quarter. Dubuque Bank & Trust Co. now owns 1,718,143 shares of the company’s stock valued at $60,633,000 after buying an additional 24,033 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Heartland Financial USA by 8.6% in the second quarter. Dimensional Fund Advisors LP now owns 754,233 shares of the company’s stock valued at $26,615,000 after buying an additional 59,430 shares during the period. Vanguard Group Inc. increased its stake in shares of Heartland Financial USA by 6.5% in the second quarter. Vanguard Group Inc. now owns 724,494 shares of the company’s stock valued at $25,568,000 after buying an additional 43,954 shares during the period. BlackRock Institutional Trust Company N.A. increased its stake in shares of Heartland Financial USA by 5.6% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 556,496 shares of the company’s stock valued at $19,639,000 after buying an additional 29,386 shares during the period. Finally, BlackRock Fund Advisors increased its stake in shares of Heartland Financial USA by 7.2% in the second quarter. BlackRock Fund Advisors now owns 516,253 shares of the company’s stock valued at $18,219,000 after buying an additional 34,725 shares during the period. Institutional investors and hedge funds own 38.75% of the company’s stock.

Shares of Heartland Financial USA, Inc. (NASDAQ:HTLF) opened at 47.45 on Friday. Heartland Financial USA, Inc. has a 12 month low of $27.74 and a 12 month high of $49.15. The company has a 50-day moving average of $47.20 and a 200-day moving average of $40.03. The firm has a market cap of $1.17 billion, a P/E ratio of 14.98 and a beta of 0.68.

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 11.51%. During the same period last year, the company posted $0.69 EPS. Equities analysts forecast that Heartland Financial USA, Inc. will post $3.20 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 3rd. Shareholders of record on Friday, February 17th will be issued a $0.11 dividend. The ex-dividend date is Wednesday, February 15th. This represents a $0.44 dividend on an annualized basis and a yield of 0.93%. This is a positive change from Heartland Financial USA’s previous quarterly dividend of $0.10. Heartland Financial USA’s payout ratio is currently 12.74%.

HTLF has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Heartland Financial USA from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research note on Wednesday, November 2nd. FBR & Co reiterated a “marketperform” rating on shares of Heartland Financial USA in a research note on Monday, January 9th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $41.17.

In other news, EVP Douglas J. Horstmann sold 8,409 shares of the business’s stock in a transaction dated Wednesday, December 14th. The shares were sold at an average price of $46.00, for a total value of $386,814.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 12.63% of the company’s stock.

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.

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