Heartland Financial USA, Inc. (NASDAQ:HTLF) Shares Acquired by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC boosted its holdings in Heartland Financial USA, Inc. (NASDAQ:HTLF) by 50.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,025 shares of the bank’s stock after purchasing an additional 13,020 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Heartland Financial USA were worth $2,392,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Heartland Financial USA by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 3,154,888 shares of the bank’s stock valued at $193,410,000 after buying an additional 46,937 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Heartland Financial USA by 10.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,601,683 shares of the bank’s stock worth $98,191,000 after purchasing an additional 145,255 shares during the last quarter. Westchester Capital Management LLC grew its holdings in shares of Heartland Financial USA by 72.7% during the fourth quarter. Westchester Capital Management LLC now owns 1,006,891 shares of the bank’s stock worth $61,727,000 after purchasing an additional 424,011 shares during the last quarter. Norges Bank purchased a new stake in shares of Heartland Financial USA in the 4th quarter valued at about $53,132,000. Finally, Bank of America Corp DE boosted its position in shares of Heartland Financial USA by 1.2% in the 4th quarter. Bank of America Corp DE now owns 461,222 shares of the bank’s stock valued at $28,275,000 after purchasing an additional 5,654 shares during the period. 71.55% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Heartland Financial USA Stock Down 2.2%

Shares of NASDAQ:HTLF opened at $64.67 on Thursday. 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 stock has a market cap of $2.77 billion, a P/E ratio of 36.13 and a beta of 0.98. Heartland Financial USA, Inc. has a 1-year low of $41.69 and a 1-year high of $70.27. The firm has a fifty day moving average price of $64.67 and a 200 day moving average price of $64.80.

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.