Reasons for Kurt Saylor’s Shares Sale of Heartland Financial USA, Inc. (HTLF)’s Stock; LM Funding America (LMFA) Sellers Increased By 6.43% Their Shorts

March 12, 2018 - By Jerrie Dane

LM Funding America Inc (NASDAQ:LMFA) had an increase of 6.43% in short interest. LMFA’s SI was 448,800 shares in March as released by FINRA. Its up 6.43% from 421,700 shares previously. With 1.86M avg volume, 0 days are for LM Funding America Inc (NASDAQ:LMFA)’s short sellers to cover LMFA’s short positions. The SI to LM Funding America Inc’s float is 22.06%. The stock decreased 1.46% or $0.02 during the last trading session, reaching $1.35. About 374,312 shares traded. LM Funding America, Inc. (NASDAQ:LMFA) has 0.00% since March 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Company insider, Kurt Saylor, director of Heartland Financial Usa Inc unloaded a total of 22,500 shares of the firm, based on a market price of $55.6 per share. In the last 30 days, he also unloaded 45,000 shares with value $2,397,008 USD. Right now, Kurt Saylor owns a total of 234,096 shares or 0.75% of Heartland Financial Usa Inc’s total market cap.

LM Funding America, Inc., through its subsidiary, LM Funding, LLC, operates as a specialty finance company. The company has market cap of $8.44 million. It provides funding to nonprofit community associations primarily located in the state of Florida, as well as in the states of Washington, Colorado, and Illinois. It currently has negative earnings. The firm offers funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments.

Since February 26, 2018, it had 0 insider purchases, and 2 selling transactions for $2.40 million activity. $1.20M worth of Heartland Financial USA, Inc. (NASDAQ:HTLF) was sold by Saylor Kurt on Monday, March 5.

The stock decreased 0.71% or $0.4 during the last trading session, reaching $55.6. About 132,885 shares traded. Heartland Financial USA, Inc. (NASDAQ:HTLF) has risen 36.11% since March 12, 2017 and is uptrending. It has outperformed by 19.41% the S&P500.

Analysts await Heartland Financial USA, Inc. (NASDAQ:HTLF) to report earnings on April, 23. They expect $0.87 EPS, up 27.94% or $0.19 from last year’s $0.68 per share. HTLF’s profit will be $27.02 million for 15.98 P/E if the $0.87 EPS becomes a reality. After $0.80 actual EPS reported by Heartland Financial USA, Inc. for the previous quarter, Wall Street now forecasts 8.75% EPS growth.

Investors sentiment increased to 1.56 in Q3 2017. Its up 0.33, from 1.23 in 2017Q2. It is positive, as 9 investors sold Heartland Financial USA, Inc. shares while 39 reduced holdings. 18 funds opened positions while 41 raised stakes. 14.15 million shares or 12.97% more from 12.53 million shares in 2017Q2 were reported. Bridgeway Management reported 174,850 shares. Atwood Palmer invested 0.01% of its portfolio in Heartland Financial USA, Inc. (NASDAQ:HTLF). 37,617 were reported by Goldman Sachs Grp Inc. Voya Inv Mngmt Ltd Co has 0% invested in Heartland Financial USA, Inc. (NASDAQ:HTLF). Metropolitan Life Ins stated it has 16,102 shares. California State Teachers Retirement System reported 0% stake. 89,520 were accumulated by Tiaa Cref Mngmt Limited Com. Stifel Fincl holds 230,290 shares. Congress Asset Mngmt Co Ma invested 0% in Heartland Financial USA, Inc. (NASDAQ:HTLF). Meeder Asset Mgmt Inc reported 1,455 shares or 0.01% of all its holdings. Dreman Value Management L L C owns 256 shares. California Employees Retirement holds 16,992 shares. Ameriprise Inc reported 91,544 shares or 0% of all its holdings. D E Shaw And Company has invested 0% in Heartland Financial USA, Inc. (NASDAQ:HTLF). Chatham Cap Group Inc invested 0.26% in Heartland Financial USA, Inc. (NASDAQ:HTLF).

Among 7 analysts covering Heartland Financial USA (NASDAQ:HTLF), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Heartland Financial USA has $63.0 highest and $30 lowest target. $51.71’s average target is -7.00% below currents $55.6 stock price. Heartland Financial USA had 23 analyst reports since July 29, 2015 according to SRatingsIntel. Sandler O’Neill downgraded the shares of HTLF in report on Tuesday, July 26 to “Hold” rating. The firm has “Strong Buy” rating by Raymond James given on Tuesday, January 26. The company was initiated on Tuesday, January 10 by FBR Capital. Keefe Bruyette & Woods maintained it with “Hold” rating and $59.0 target in Monday, February 26 report. The rating was downgraded by Raymond James on Tuesday, January 9 to “Outperform”. Piper Jaffray maintained the shares of HTLF in report on Monday, January 29 with “Buy” rating. The stock of Heartland Financial USA, Inc. (NASDAQ:HTLF) earned “Hold” rating by Keefe Bruyette & Woods on Wednesday, December 13. The company was upgraded on Tuesday, January 26 by Sandler O’Neill. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Keefe Bruyette & Woods maintained the shares of HTLF in report on Monday, June 26 with “Hold” rating.

Heartland Financial USA, Inc., a multi-bank holding company, provides commercial and consumer banking services to individuals and businesses in the United States. The company has market cap of $1.73 billion. It accepts various deposit products, including checking and other demand deposit accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, health savings accounts, and other time deposits. It has a 20.98 P/E ratio. The firm also offers commercial and industrial loans; commercial real estate loans; small business loans; agricultural loans; real estate mortgage loans; consumer loans comprising motor vehicle loans, home improvement loans, home equity line of credit, and fixed rate home equity and personal lines of credit; and credit cards for commercial, business, and personal use.