Equities researchers at Piper Jaffray Cos. started coverage on shares of QCR Holdings Inc. (NASDAQ:QCRH) in a report issued on Thursday. The firm set an “overweight” rating on the stock.

Separately, Stephens began coverage on QCR Holdings in a research note on Friday, August 26th. They issued an “overweight” rating and a $34.00 price target on the stock. Five analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus price target of $32.33.

QCR Holdings (NASDAQ:QCRH) opened at 31.80 on Thursday. QCR Holdings has a 52-week low of $18.05 and a 52-week high of $32.19. The firm has a market cap of $415.37 million, a price-to-earnings ratio of 14.56 and a beta of 0.51. The company has a 50 day moving average price of $31.07 and a 200-day moving average price of $27.73.

QCR Holdings (NASDAQ:QCRH) last announced its quarterly earnings results on Wednesday, July 20th. The company reported $0.55 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.03. QCR Holdings had a return on equity of 10.71% and a net margin of 21.72%. Equities research analysts anticipate that QCR Holdings will post $2.15 EPS for the current year.

The business also recently declared a semiannual dividend, which was paid on Wednesday, October 5th. Investors of record on Friday, September 16th were paid a $0.04 dividend. This represents a yield of 0.26%. The ex-dividend date of this dividend was Wednesday, September 14th. QCR Holdings’s dividend payout ratio is 7.34%.

In other QCR Holdings news, CEO Larry J. Helling sold 3,490 shares of QCR Holdings stock in a transaction on Monday, August 8th. The stock was sold at an average price of $29.50, for a total value of $102,955.00. Following the completion of the transaction, the chief executive officer now owns 8,817 shares in the company, valued at approximately $260,101.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 9.60% of the stock is owned by corporate insiders.

QCR Holdings Company Profile

QCR Holdings, Inc is a multi-bank holding company. The Company serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls and Rockford communities, through its banking subsidiaries, Quad City Bank and Trust Company (QCBT), Cedar Rapids Bank and Trust Company, and Rockford Bank and Trust Company, which provide commercial and consumer banking and trust and asset management services.

5 Day Chart for NASDAQ:QCRH

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