Heartland Financial Usa Inc (HTLF): Kurt Saylor , director of Heartland Financial Usa Inc sold 46,999 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jul 21, 2016 to the Securities and Exchange Commission. The shares were sold at $35.00 per share for a total value of $1,654,312.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 21, 2016, Kurt Saylor (director) sold 4,500 shares at $34.52 per share price.On Nov 16, 2015, Kenneth J Erickson (EVP, Chief Credit Officer) sold 5,000 shares at $38.79 per share price.Also, On May 6, 2015, Lynn B Fuller (CEO) purchased 26,900 shares at $33.83 per share price.On Mar 3, 2015, John W Jr Cox (director) sold 5,231 shares at $27.57 per share price.
Heartland Financial USA Inc: On Wednesday, Jul 20, 2016 heightened volatility was witnessed in Heartland Financial USA Inc which led to swings in the share price. The shares opened for trading at $36.2 and hit $36.57 on the upside , eventually ending the session at $36.5, with a gain of 0.97% or 0.35 points. The heightened volatility saw the trading volume jump to 60,986 shares. The 52-week high of the share price is $39.45 and the company has a market cap of $895 M . The 52-week low of the share price is at $25.95.
On Jul 21, 2016, Heartland Financial USA Inc announced a cash dividend of $0.1000. The company’s management has announced Aug 17, 2016 as the ex-dividend date and fixed the record date on Aug 19, 2016. The payable date has been fixed on Sep 2, 2016.
Company has been under the radar of several Street Analysts.Heartland Financial USA Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 35 from a previous price target of $30 .The Rating was issued on Apr 26, 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.