Captrust Financial Advisors Sells 2,455 Shares of Heartland Financial USA, Inc. (NASDAQ:HTLF)

Captrust Financial Advisors cut its position in Heartland Financial USA, Inc. (NASDAQ:HTLF) by 16.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,121 shares of the bank’s stock after selling 2,455 shares during the quarter. Captrust Financial Advisors’ holdings in Heartland Financial USA were worth $743,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its position in Heartland Financial USA by 77.8% in the fourth 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. Sterling Capital Management LLC raised its position in shares of Heartland Financial USA by 821.4% during the fourth quarter. Sterling Capital Management LLC now owns 1,336 shares of the bank’s stock worth $82,000 after acquiring an additional 1,191 shares during the last quarter. USA Financial Formulas raised its position in shares of Heartland Financial USA by 90.4% during the fourth quarter. USA Financial Formulas now owns 2,018 shares of the bank’s stock worth $124,000 after acquiring an additional 958 shares during the last quarter. Steward Partners Investment Advisory LLC raised its position in shares of Heartland Financial USA by 204.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,236 shares of the bank’s stock worth $198,000 after acquiring an additional 2,174 shares during the last quarter. Finally, Net Worth Advisory Group bought a new position in shares of Heartland Financial USA during the fourth quarter worth about $200,000. 71.55% of the stock is currently owned by institutional investors.

Heartland Financial USA Price Performance

Shares of HTLF opened at $64.67 on Friday. Heartland Financial USA, Inc. has a 1 year low of $41.69 and a 1 year high of $70.27. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 36.13 and a beta of 0.98. The business has a 50-day moving average of $64.67 and a 200-day moving average of $64.69.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Heartland Financial USA in a research report on Saturday, May 10th. They set a “hold” rating for the company.

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.