Analysts at StockNews.com began coverage on shares of Heartland Financial USA (NASDAQ:HTLF – Get Free Report) in a report released on Friday. The brokerage set a “hold” rating on the bank’s stock.
Heartland Financial USA Stock Down 2.2 %
Shares of HTLF stock opened at $64.67 on Friday. The firm’s fifty day moving average price is $64.13 and its two-hundred day moving average price is $61.62. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18. Heartland Financial USA has a 1 year low of $32.33 and a 1 year high of $70.27. The firm has a market capitalization of $2.77 billion, a P/E ratio of 36.13 and a beta of 0.98.
Insiders Place Their Bets
In other news, Director Jennifer K. Hopkins sold 5,811 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $67.56, for a total value of $392,591.16. Following the completion of the sale, the director now owns 6,963 shares of the company’s stock, valued at approximately $470,420.28. This represents a 45.49 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.80% of the company’s stock.
Institutional Trading of Heartland Financial USA
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.
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