Guggenheim Capital LLC Sells 232 Shares of Heartland Financial USA, Inc. (NASDAQ:HTLF)

Guggenheim Capital LLC lessened its position in Heartland Financial USA, Inc. (NASDAQ:HTLF) by 2.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,151 shares of the bank’s stock after selling 232 shares during the quarter. Guggenheim Capital LLC’s holdings in Heartland Financial USA were worth $684,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in HTLF. Principal Financial Group Inc. lifted its stake in Heartland Financial USA by 13.1% in the fourth quarter. Principal Financial Group Inc. now owns 32,428 shares of the bank’s stock worth $1,988,000 after purchasing an additional 3,749 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Heartland Financial USA by 30.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 31,035 shares of the bank’s stock worth $1,916,000 after acquiring an additional 7,291 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Heartland Financial USA by 77.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 928 shares of the bank’s stock valued at $57,000 after acquiring an additional 406 shares during the period. Wolverine Asset Management LLC grew its position in Heartland Financial USA by 0.7% in the 4th quarter. Wolverine Asset Management LLC now owns 41,342 shares of the bank’s stock valued at $2,534,000 after acquiring an additional 300 shares during the last quarter. Finally, Cibc World Markets Corp purchased a new stake in Heartland Financial USA in the fourth quarter worth $243,000. 71.55% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Heartland Financial USA in a report on Thursday. They issued a “hold” rating on the stock.

Heartland Financial USA Stock Down 2.2 %

Shares of NASDAQ:HTLF opened at $64.67 on Friday. The business’s 50 day moving average is $64.67 and its 200 day moving average is $63.98. 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 52-week low of $34.25 and a 52-week high of $70.27. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.18.

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.