Heartland Monetary USA (NASDAQ:HTLF) was upgraded by inventory analysts at TheStreet from a “c+” score to a “b-” score in a report launched on Monday, TheStreetRatingsTable studies.
Plenty of different analysis corporations additionally just lately issued studies on HTLF. Zacks Funding Analysis upgraded shares of Heartland Monetary USA from a “maintain” score to a “strong-buy” score and set a $37.00 worth goal on the inventory in a analysis notice on Friday, October thirtieth. Raymond James reiterated a “maintain” score on shares of Heartland Monetary USA in a analysis notice on Wednesday, September ninth. BidaskClub upgraded shares of Heartland Monetary USA from a “promote” score to a “maintain” score in a analysis notice on Friday, October twenty third. Piper Sandler elevated their goal worth on shares of Heartland Monetary USA from $38.00 to $39.00 and gave the corporate an “chubby” score in a analysis report on Tuesday, October twenty seventh. Lastly, ValuEngine minimize shares of Heartland Monetary USA from a “promote” score to a “robust promote” score in a analysis report on Monday. One funding analyst has rated the inventory with a promote score, three have assigned a maintain score, one has assigned a purchase score and one has given a robust purchase score to the inventory. The inventory at present has a consensus score of “Maintain” and a consensus worth goal of $37.67.
Shares of HTLF inventory opened at $34.99 on Monday. The corporate has a debt-to-equity ratio of 0.19, a present ratio of 0.74 and a fast ratio of 0.74. The corporate has a market capitalization of $1.29 billion, a P/E ratio of 10.51 and a beta of 1.30. The corporate’s 50-day easy shifting common is $32.48 and its two-hundred day easy shifting common is $32.06. Heartland Monetary USA has a one 12 months low of $25.26 and a one 12 months excessive of $51.85.
Heartland Monetary USA (NASDAQ:HTLF) final issued its earnings outcomes on Saturday, October thirty first. The financial institution reported $1.23 EPS for the quarter, topping the Zacks’ consensus estimate of $0.92 by $0.31. Heartland Monetary USA had a internet margin of 19.00% and a return on fairness of 8.89%. Throughout the identical interval within the prior 12 months, the corporate posted $0.94 EPS. On common, analysis analysts count on that Heartland Monetary USA will submit 3.63 EPS for the present fiscal 12 months.
In associated information, Director Robert B. Engel bought 2,000 shares of the agency’s inventory in a transaction on Tuesday, August 18th. The inventory was acquired at a median worth of $33.01 per share, with a complete worth of $66,020.00. Following the completion of the acquisition, the director now owns 4,000 shares within the firm, valued at roughly $132,040. The transaction was disclosed in a submitting with the SEC, which is accessible via the SEC web site. Additionally, Director Robert B. Engel bought 4,000 shares of the agency’s inventory in a transaction on Wednesday, August twelfth. The inventory was purchased at a median price of $26.97 per share, with a complete worth of $107,880.00. Following the acquisition, the director now owns 4,907 shares of the corporate’s inventory, valued at roughly $132,341.79. The disclosure for this buy could be discovered right here. Company insiders personal 6.50% of the corporate’s inventory.
A number of hedge funds and different institutional buyers have just lately purchased and bought shares of HTLF. Nisa Funding Advisors LLC raised its holdings in shares of Heartland Monetary USA by 89.7% within the second quarter. Nisa Funding Advisors LLC now owns 740 shares of the financial institution’s inventory value $25,000 after shopping for a further 350 shares over the last quarter. Inventive Monetary Designs Inc. ADV acquired a brand new stake in Heartland Monetary USA in the course of the second quarter valued at $35,000. Macquarie Group Ltd. acquired a brand new stake in Heartland Monetary USA in the course of the second quarter valued at $36,000. First Financial institution & Belief grew its place in Heartland Monetary USA by 728.7% in the course of the third quarter. First Financial institution & Belief now owns 1,674 shares of the financial institution’s inventory valued at $50,000 after shopping for a further 1,472 shares in the course of the interval. Lastly, CWM LLC grew its place in Heartland Monetary USA by 249.8% in the course of the third quarter. CWM LLC now owns 1,924 shares of the financial institution’s inventory valued at $58,000 after shopping for a further 1,374 shares in the course of the interval. 56.60% of the inventory is owned by institutional buyers and hedge funds.
About Heartland Monetary USA
Heartland Monetary USA, Inc, a multi-bank holding firm, supplies business, small enterprise, and client banking companies to people and companies in america. It accepts numerous deposit merchandise, together with checking and different demand deposit accounts; NOW, financial savings, cash market, particular person retirement, and well being financial savings accounts; certificates of deposit; and different time deposits.
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