According to Zacks, “QCR Holdings, Inc. is the bank holding company of Quad City Bank and Trust Company. The Bank provides full service commercial and consumer banking, and trust and asset management services. “
Other analysts have also recently issued research reports about the company. ValuEngine upgraded USINAS SIDERURG/S from a sell rating to a hold rating in a research report on Wednesday, May 29th. Maxim Group reduced their price objective on SVB Financial Group to $325.00 and set a buy rating for the company in a research report on Monday, April 29th. Finally, BidaskClub upgraded Zebra Technologies from a hold rating to a buy rating in a research report on Saturday, July 6th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. QCR currently has an average rating of Hold and an average price target of $41.50.
QCR stock opened at $34.23 on Wednesday. The stock has a market capitalization of $539.40 million, a PE ratio of 10.87, a PEG ratio of 1.04 and a beta of 0.76. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.97 and a current ratio of 0.97. QCR has a one year low of $30.15 and a one year high of $49.40. The firm’s fifty day moving average price is $33.75.
QCR (NASDAQ:QCRH) last posted its quarterly earnings data on Wednesday, April 24th. The bank reported $0.82 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.01). The firm had revenue of $48.90 million for the quarter, compared to analysts’ expectations of $50.20 million. QCR had a net margin of 18.92% and a return on equity of 10.92%. Equities research analysts anticipate that QCR will post 3.29 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Friday, June 21st were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.70%. The ex-dividend date was Thursday, June 20th. QCR’s dividend payout ratio is presently 7.79%.
A number of large investors have recently added to or reduced their stakes in QCRH. Rhumbline Advisers boosted its stake in shares of QCR by 47.5% in the 4th quarter. Rhumbline Advisers now owns 19,135 shares of the bank’s stock valued at $614,000 after purchasing an additional 6,163 shares during the last quarter. BlackRock Inc. boosted its stake in shares of QCR by 0.9% in the 4th quarter. BlackRock Inc. now owns 925,327 shares of the bank’s stock valued at $29,694,000 after purchasing an additional 8,240 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of QCR by 2.8% in the 4th quarter. Bank of New York Mellon Corp now owns 72,905 shares of the bank’s stock valued at $2,339,000 after purchasing an additional 1,961 shares during the last quarter. Martingale Asset Management L P boosted its stake in shares of QCR by 25.0% in the 4th quarter. Martingale Asset Management L P now owns 24,008 shares of the bank’s stock valued at $771,000 after purchasing an additional 4,800 shares during the last quarter. Finally, Citigroup Inc. boosted its stake in shares of QCR by 53.0% in the 4th quarter. Citigroup Inc. now owns 5,245 shares of the bank’s stock valued at $168,000 after purchasing an additional 1,817 shares during the last quarter. 58.67% of the stock is owned by institutional investors and hedge funds.
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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