Trexquant Investment LP Has $1.66 Million Position in Heartland Financial USA, Inc. (NASDAQ:HTLF)

Trexquant Investment LP boosted its position in Heartland Financial USA, Inc. (NASDAQ:HTLF) by 134.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 27,045 shares of the bank’s stock after purchasing an additional 15,532 shares during the quarter. Trexquant Investment LP’s holdings in Heartland Financial USA were worth $1,658,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Franklin Resources Inc. acquired a new stake in shares of Heartland Financial USA in the fourth quarter valued at approximately $1,608,000. Norges Bank acquired a new stake in Heartland Financial USA in the 4th quarter valued at $53,132,000. Chicago Capital Management LLC lifted its position in Heartland Financial USA by 6.4% during the 4th quarter. Chicago Capital Management LLC now owns 224,902 shares of the bank’s stock worth $13,788,000 after buying an additional 13,431 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Heartland Financial USA by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 3,154,888 shares of the bank’s stock worth $193,410,000 after buying an additional 46,937 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Heartland Financial USA by 254.0% in the 4th quarter. LPL Financial LLC now owns 13,978 shares of the bank’s stock valued at $857,000 after acquiring an additional 10,029 shares in the last quarter. Institutional investors own 71.55% of the company’s stock.

Heartland Financial USA Stock Performance

Shares of HTLF stock opened at $64.67 on Thursday. The company has a fifty day moving average price of $64.67 and a two-hundred day moving average price of $63.35. Heartland Financial USA, Inc. has a one year low of $32.97 and a one year high of $70.27. The stock has a market cap of $2.77 billion, a P/E ratio of 36.13 and a beta of 0.98. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.76.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Heartland Financial USA in a research report on Tuesday. They set a “hold” rating for the company.

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.