QCR Holdings, Inc. (NASDAQ:QCRH) EVP Dana L. Nichols sold 569 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $42.10, for a total transaction of $23,954.90. Following the sale, the executive vice president now directly owns 2,472 shares in the company, valued at approximately $104,071.20. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

NASDAQ:QCRH traded down $0.38 during trading hours on Friday, hitting $42.46. 446 shares of the company were exchanged, compared to its average volume of 36,506. The stock has a market capitalization of $666.07 million, a price-to-earnings ratio of 13.87 and a beta of 0.82. QCR Holdings, Inc. has a 52-week low of $30.15 and a 52-week high of $42.98. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.02 and a quick ratio of 1.02. The company’s 50 day moving average price is $41.26 and its 200-day moving average price is $37.16.

QCR (NASDAQ:QCRH) last released its quarterly earnings data on Wednesday, October 23rd. The bank reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 by $0.04. The business had revenue of $60.63 million for the quarter, compared to the consensus estimate of $54.10 million. QCR had a net margin of 19.58% and a return on equity of 11.59%. On average, equities analysts predict that QCR Holdings, Inc. will post 3.59 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 20th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.57%. The ex-dividend date is Thursday, December 19th. QCR’s dividend payout ratio (DPR) is currently 7.79%.

Several research firms have weighed in on QCRH. Zacks Investment Research downgraded shares of QCR from a “buy” rating to a “hold” rating in a research report on Wednesday, October 30th. Stephens set a $45.00 target price on shares of QCR and gave the stock a “buy” rating in a research report on Friday, October 25th. BidaskClub raised shares of QCR from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 12th. Finally, ValuEngine raised shares of QCR from a “strong sell” rating to a “sell” rating in a research report on Friday, November 1st. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $42.00.

Several hedge funds have recently added to or reduced their stakes in QCRH. First Trust Advisors LP raised its stake in shares of QCR by 20.7% during the 1st quarter. First Trust Advisors LP now owns 48,899 shares of the bank’s stock worth $1,659,000 after acquiring an additional 8,381 shares in the last quarter. Strs Ohio raised its stake in shares of QCR by 50.6% during the 2nd quarter. Strs Ohio now owns 13,100 shares of the bank’s stock worth $456,000 after acquiring an additional 4,400 shares in the last quarter. Aperio Group LLC raised its stake in shares of QCR by 84.5% during the 2nd quarter. Aperio Group LLC now owns 12,970 shares of the bank’s stock worth $452,000 after acquiring an additional 5,939 shares in the last quarter. Comerica Bank raised its stake in shares of QCR by 12.4% during the 2nd quarter. Comerica Bank now owns 27,477 shares of the bank’s stock worth $926,000 after acquiring an additional 3,037 shares in the last quarter. Finally, Swiss National Bank raised its stake in shares of QCR by 2.6% during the 2nd quarter. Swiss National Bank now owns 27,839 shares of the bank’s stock worth $971,000 after acquiring an additional 700 shares in the last quarter. 60.77% of the stock is currently owned by institutional investors and hedge funds.

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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