Virtu Financial LLC Decreases Position in Heartland Financial USA, Inc. (NASDAQ:HTLF)

Virtu Financial LLC reduced its stake in Heartland Financial USA, Inc. (NASDAQ:HTLF) by 64.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,802 shares of the bank’s stock after selling 19,933 shares during the period. Virtu Financial LLC’s holdings in Heartland Financial USA were worth $662,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Integrated Investment Consultants LLC grew its position in shares of Heartland Financial USA by 2.0% in the 4th quarter. Integrated Investment Consultants LLC now owns 8,702 shares of the bank’s stock valued at $533,000 after buying an additional 170 shares during the last quarter. Steele Capital Management Inc. grew its holdings in shares of Heartland Financial USA by 2.4% during the fourth quarter. Steele Capital Management Inc. now owns 10,496 shares of the bank’s stock worth $643,000 after purchasing an additional 250 shares during the last quarter. Wolverine Asset Management LLC grew its holdings in shares of Heartland Financial USA by 0.7% during the fourth quarter. Wolverine Asset Management LLC now owns 41,342 shares of the bank’s stock worth $2,534,000 after purchasing an additional 300 shares during the last quarter. Handelsbanken Fonder AB increased its position in shares of Heartland Financial USA by 4.6% during the fourth quarter. Handelsbanken Fonder AB now owns 6,837 shares of the bank’s stock worth $419,000 after purchasing an additional 300 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Heartland Financial USA by 77.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 928 shares of the bank’s stock valued at $57,000 after purchasing an additional 406 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

Heartland Financial USA Trading Down 2.2 %

Shares of Heartland Financial USA stock opened at $64.67 on Tuesday. The company’s fifty day moving average is $65.02 and its two-hundred day moving average is $62.60. Heartland Financial USA, Inc. has a 1 year low of $32.97 and a 1 year high of $70.27. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market capitalization of $2.77 billion, a P/E ratio of 36.13 and a beta of 0.98.

Heartland Financial USA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Tuesday, January 14th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend was Tuesday, January 14th. Heartland Financial USA’s dividend payout ratio (DPR) is presently 67.04%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Heartland Financial USA in a research report on Sunday. They set a “hold” rating on the stock.

About Heartland Financial USA

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.