American Century Companies Inc. decreased its position in Heartland Financial USA, Inc. (NASDAQ:HTLF – Free Report) by 17.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 345,313 shares of the bank’s stock after selling 70,574 shares during the period. American Century Companies Inc. owned about 0.81% of Heartland Financial USA worth $21,169,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of HTLF. Charles Schwab Investment Management Inc. increased its stake in Heartland Financial USA by 10.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,601,683 shares of the bank’s stock valued at $98,191,000 after acquiring an additional 145,255 shares during the period. Geode Capital Management LLC lifted its position in Heartland Financial USA by 4.9% during the 3rd quarter. Geode Capital Management LLC now owns 1,023,370 shares of the bank’s stock worth $58,036,000 after buying an additional 47,480 shares in the last quarter. Stieven Capital Advisors L.P. grew its holdings in Heartland Financial USA by 6.1% during the 4th quarter. Stieven Capital Advisors L.P. now owns 343,364 shares of the bank’s stock worth $21,050,000 after acquiring an additional 19,787 shares during the last quarter. Empowered Funds LLC increased its position in Heartland Financial USA by 5.0% in the 4th quarter. Empowered Funds LLC now owns 112,479 shares of the bank’s stock valued at $6,896,000 after acquiring an additional 5,403 shares in the last quarter. Finally, Barclays PLC raised its stake in shares of Heartland Financial USA by 65.5% in the third quarter. Barclays PLC now owns 84,767 shares of the bank’s stock worth $4,807,000 after acquiring an additional 33,533 shares during the last quarter. Institutional investors own 71.55% of the company’s stock.
Analyst Ratings Changes
Separately, StockNews.com began coverage on Heartland Financial USA in a report on Monday. They set a “hold” rating on the stock.
Heartland Financial USA Stock Performance
Heartland Financial USA stock opened at $64.67 on Monday. The company has a market cap of $2.77 billion, a PE ratio of 36.13 and a beta of 0.98. 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, Inc. has a 1 year low of $32.97 and a 1 year high of $70.27. The company’s 50-day moving average is $64.99 and its two-hundred day moving average is $62.90.
Heartland Financial USA Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 27th. Shareholders of record on Tuesday, January 14th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, January 14th. This represents a $1.20 dividend on an annualized basis and a yield of 1.86%. Heartland Financial USA’s payout ratio is presently 67.04%.
Heartland Financial USA 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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