Heartland BancCorp (OTCMKTS:HLAN) Stock Crosses Below 200 Day Moving Average of $91.45

Heartland BancCorp (OTCMKTS:HLAN) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $91.45 and traded as low as $89.05. Heartland BancCorp shares last traded at $89.05, with a volume of 733 shares changing hands.

Separately, Zacks Investment Research upgraded Heartland BancCorp from a “hold” rating to a “buy” rating and set a $102.00 target price for the company in a research report on Wednesday, January 5th.

The business has a 50-day moving average price of $91.52 and a two-hundred day moving average price of $91.45. The stock has a market capitalization of $178.46 million, a P/E ratio of 9.31 and a beta of 0.77.

Heartland BancCorp (OTCMKTS:HLAN) last released its earnings results on Sunday, October 24th. The bank reported $2.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.40. The company had revenue of $16.42 million for the quarter, compared to the consensus estimate of $15.60 million. As a group, research analysts forecast that Heartland BancCorp will post 8.76 earnings per share for the current year.

The firm also recently disclosed a dividend, which was paid on Monday, January 10th. Investors of record on Friday, December 24th were given a dividend of $0.627 per share. The ex-dividend date of this dividend was Thursday, December 23rd. This represents a dividend yield of 2.79%. Heartland BancCorp’s dividend payout ratio is currently 26.26%.

Heartland BancCorp Company Profile (OTCMKTS:HLAN)

Heartland BancCorp is a bank holding company, which engages in the ownership, and management of its wholly-owned subsidiary. It offers full service commercial, small business, and consumer banking services; alternative investment services; insurance services; and financial products and services. The company was founded by Tiney M.

Featured Story: Cryptocurrencies

Receive News & Ratings for Heartland BancCorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heartland BancCorp and related companies with MarketBeat.com's FREE daily email newsletter.