QCR Holdings, Inc. (NASDAQ:QCRH) has been assigned a consensus recommendation of “Hold” from the six brokerages that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $42.33.

QCRH has been the topic of several analyst reports. ValuEngine raised QCR from a “strong sell” rating to a “sell” rating in a research report on Wednesday, May 29th. Zacks Investment Research downgraded QCR from a “buy” rating to a “hold” rating in a research note on Wednesday, August 21st. Finally, BidaskClub lowered QCR from a “sell” rating to a “strong sell” rating in a report on Wednesday, September 4th.

In other news, insider Robert C. Fulp sold 1,500 shares of QCR stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $39.00, for a total value of $58,500.00. Following the completion of the sale, the insider now directly owns 28,009 shares in the company, valued at $1,092,351. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 7.20% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in QCRH. Dimensional Fund Advisors LP boosted its stake in shares of QCR by 7.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 546,201 shares of the bank’s stock worth $17,528,000 after buying an additional 35,714 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in QCR by 68,350.0% in the first quarter. BNP Paribas Arbitrage SA now owns 2,738 shares of the bank’s stock worth $93,000 after purchasing an additional 2,734 shares during the last quarter. SG Americas Securities LLC purchased a new position in QCR in the first quarter worth about $119,000. Victory Capital Management Inc. grew its stake in shares of QCR by 25.0% during the 1st quarter. Victory Capital Management Inc. now owns 45,064 shares of the bank’s stock valued at $1,529,000 after purchasing an additional 9,014 shares during the period. Finally, Martingale Asset Management L P grew its stake in shares of QCR by 53.3% during the 1st quarter. Martingale Asset Management L P now owns 36,808 shares of the bank’s stock valued at $1,250,000 after purchasing an additional 12,800 shares during the period. Institutional investors and hedge funds own 60.12% of the company’s stock.

NASDAQ:QCRH traded up $0.75 on Friday, reaching $38.43. 42,655 shares of the stock traded hands, compared to its average volume of 33,561. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $580.54 million, a price-to-earnings ratio of 12.48, a PEG ratio of 1.04 and a beta of 0.80. QCR has a 12 month low of $30.15 and a 12 month high of $43.70. The company’s fifty day simple moving average is $36.33 and its 200 day simple moving average is $34.71.

QCR (NASDAQ:QCRH) last issued its earnings results on Tuesday, July 23rd. The bank reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.09. QCR had a net margin of 18.53% and a return on equity of 10.82%. The firm had revenue of $55.08 million for the quarter, compared to the consensus estimate of $50.76 million. Equities analysts anticipate that QCR will post 3.54 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Friday, September 20th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date of this dividend is Thursday, September 19th. QCR’s payout ratio is presently 7.79%.

About QCR

QCR Holdings, Inc, a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company operates through Commercial Banking and Wealth Management segments. Its deposit products include noninterest and interest-bearing demand, time, and brokered time deposits.

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