Heartland Financial USA Inc (HTLF) : Financial Counselors Inc added new position in Heartland Financial USA Inc during the most recent quarter end. The investment management firm now holds 622,447 shares of Heartland Financial USA Inc which is valued at $20,864,423 , the company said in a statement filed on May 10, 2016 with the SEC.Heartland Financial USA Inc makes up approximately 1.30% of Financial Counselors Inc’s portfolio.
Other Hedge Funds, Including , First Trust Advisors Lp reduced its stake in HTLF by selling 3,653 shares or 14.53% in the most recent quarter. The Hedge Fund company now holds 21,485 shares of HTLF which is valued at $720,177.New York State Common Retirement Fund reduced its stake in HTLF by selling 2,046 shares or 9.96% in the most recent quarter. The Hedge Fund company now holds 18,500 shares of HTLF which is valued at $628,815.Tiaa Cref Investment Management reduced its stake in HTLF by selling 1,378 shares or 1.85% in the most recent quarter. The Hedge Fund company now holds 73,252 shares of HTLF which is valued at $2,489,835.Klcm Advisors reduced its stake in HTLF by selling 12 shares or 0.13% in the most recent quarter. The Hedge Fund company now holds 8,996 shares of HTLF which is valued at $301,456. Heartland Financial USA Inc makes up approx 0.10% of Klcm Advisors’s portfolio.
Heartland Financial USA Inc opened for trading at $33.69 and hit $33.96 on the upside on Monday, eventually ending the session at $33.72, with a gain of 0.60% or 0.2 points. The heightened volatility saw the trading volume jump to 51,691 shares. Company has a market cap of $827 M.
On the company’s financial health, Heartland Financial USA Inc reported $0.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.20 according to the earnings call on Apr 25, 2016. Analyst had a consensus of $0.62.Analysts expectations of $ 90.35.During the same quarter in the previous year, the company posted $0.76 EPS.
Many Wall Street Analysts have commented on Heartland Financial USA Inc. Company shares were Reiterated by RBC Capital Mkts on Apr 26, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 35 from a previous price target of $30 .Heartland Financial USA Inc was Initiated by Piper Jaffray to “Overweight” on Mar 11, 2016.
Heartland Financial USA Inc. (Heartland) is a multi-bank holding company. The Company operates through two business segments community and other banking and retail mortgage banking. The community and other banking segment involve making loans to and generating deposits from individuals and businesses in the markets where Heartland has banks. The retail mortgage banking segment involves the origination of residential loans and subsequent sale of those loans to investors. The Company conducts its community banking business through independently chartered community banks (collectively the Bank Subsidiaries) in the states of Iowa Illinois Wisconsin New Mexico Arizona Montana Colorado Minnesota Missouri and Kansas. The Bank Subsidiaries provides banking services such as commercial banking small business banking agricultural loans residential real estate mortgage lending retail banking consumer finance and wealth management and retirement plan services.