Shares of QCR Holdings, Inc. (NASDAQ:QCRH) have been assigned a consensus recommendation of “Buy” from the six brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating and five have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $54.00.

QCRH has been the subject of several research analyst reports. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $54.00 price objective on shares of QCR in a report on Friday, December 22nd. BidaskClub cut QCR from a “hold” rating to a “sell” rating in a report on Thursday, January 4th. DA Davidson reiterated a “buy” rating and issued a $56.00 price objective on shares of QCR in a report on Wednesday, December 20th. ValuEngine cut QCR from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Finally, Piper Jaffray Companies set a $55.00 price objective on QCR and gave the stock a “buy” rating in a report on Friday, October 6th.

Shares of QCR (QCRH) opened at $44.20 on Friday. QCR has a fifty-two week low of $39.85 and a fifty-two week high of $50.00. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market capitalization of $611.11, a P/E ratio of 17.33, a price-to-earnings-growth ratio of 1.39 and a beta of 0.54.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 4th. Shareholders of record on Friday, December 15th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.45%. The ex-dividend date was Thursday, December 14th. QCR’s dividend payout ratio (DPR) is currently 7.84%.

In other news, CEO Larry J. Helling sold 1,021 shares of the firm’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $44.40, for a total value of $45,332.40. Following the completion of the transaction, the chief executive officer now owns 11,180 shares in the company, valued at approximately $496,392. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Thomas D. Budd sold 997 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $44.33, for a total value of $44,197.01. Following the completion of the transaction, the chief executive officer now owns 4,208 shares of the company’s stock, valued at approximately $186,540.64. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,818 shares of company stock valued at $124,113. Company insiders own 8.80% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in QCRH. Macquarie Group Ltd. purchased a new position in shares of QCR in the 3rd quarter valued at approximately $132,000. Citigroup Inc. lifted its stake in shares of QCR by 142.1% in the 2nd quarter. Citigroup Inc. now owns 3,208 shares of the bank’s stock valued at $152,000 after purchasing an additional 1,883 shares during the period. Citadel Advisors LLC purchased a new position in shares of QCR in the 2nd quarter valued at approximately $200,000. Voya Investment Management LLC purchased a new position in shares of QCR in the 2nd quarter valued at approximately $224,000. Finally, SG Americas Securities LLC purchased a new position in shares of QCR in the 3rd quarter valued at approximately $231,000. Institutional investors own 59.71% of the company’s stock.

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About QCR

QCR Holdings, Inc is a multi-bank holding company. The Company serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, Des Moines/Ankeny and Rockford communities through its banking subsidiaries, Quad City Bank and Trust Company (QCBT), Cedar Rapids Bank and Trust Company (CRBT), Community State Bank (CSB), Rockford Bank and Trust Company (RB&T), and Guaranty Bank and Trust Company, which provide full-service commercial and consumer banking and trust and asset management services.

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