QCR (NASDAQ:QCRH) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

A number of other research firms have also issued reports on QCRH. Keefe, Bruyette & Woods reissued a “buy” rating and set a $54.00 target price on shares of QCR in a research note on Friday, December 22nd. DA Davidson reissued a “buy” rating and set a $56.00 target price on shares of QCR in a research note on Wednesday, December 20th. ValuEngine lowered shares of QCR from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Piper Jaffray Companies set a $55.00 target price on shares of QCR and gave the company a “buy” rating in a research note on Friday, October 6th. Finally, Maxim Group reduced their price target on shares of QCR from $53.00 to $51.00 and set a “buy” rating for the company in a research note on Friday, November 3rd. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $54.00.

QCR (NASDAQ:QCRH) opened at $43.70 on Thursday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a market cap of $597.92, a PE ratio of 17.14, a price-to-earnings-growth ratio of 1.41 and a beta of 0.54. QCR has a one year low of $39.85 and a one year high of $50.00.

In other news, CEO Thomas D. Budd sold 997 shares of the company’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 sale, the chief executive officer now directly owns 4,208 shares of the company’s stock, valued at approximately $186,540.64. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Larry J. Helling sold 1,021 shares of the company’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 transaction of $45,332.40. Following the completion of the sale, the chief executive officer now directly owns 11,180 shares of the company’s stock, valued at $496,392. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,818 shares of company stock valued at $124,113. Company insiders own 8.80% of the company’s stock.

Large investors have recently modified their holdings of the company. 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 worth $152,000 after acquiring an additional 1,883 shares during the period. Schwab Charles Investment Management Inc. lifted its stake in shares of QCR by 23.5% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 22,062 shares of the bank’s stock worth $1,046,000 after acquiring an additional 4,200 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of QCR by 5.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 67,856 shares of the bank’s stock worth $3,217,000 after acquiring an additional 3,545 shares during the period. Parametric Portfolio Associates LLC acquired a new stake in shares of QCR in the 2nd quarter worth approximately $343,000. Finally, AJO LP raised its holdings in shares of QCR by 507.5% in the 2nd quarter. AJO LP now owns 88,437 shares of the bank’s stock worth $4,192,000 after purchasing an additional 73,879 shares in the last quarter. 59.71% of the stock is owned by institutional investors.

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QCR Company Profile

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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