Zacks Investment Research lowered shares of QCR (NASDAQ:QCRH) from a hold rating to a sell rating in a report published on Tuesday, Zacks.com reports.

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. “

Several other equities research analysts also recently commented on QCRH. BidaskClub raised shares of Zebra Technologies from a hold rating to a buy rating in a report on Saturday, July 6th. ValuEngine raised shares of USINAS SIDERURG/S from a sell rating to a hold rating in a report on Wednesday, May 29th. Finally, Maxim Group dropped their price objective on shares of SVB Financial Group to $325.00 and set a buy rating on the stock in a report on Monday, April 29th. Three investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average target price of $41.50.

QCRH opened at $33.71 on Tuesday. The company has a market capitalization of $531.05 million, a price-to-earnings ratio of 10.94, a P/E/G ratio of 1.02 and a beta of 0.76. The firm’s 50-day moving average is $33.83. 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 fifty-two week low of $30.15 and a fifty-two week high of $49.40.

QCR (NASDAQ:QCRH) last posted its quarterly earnings results on Wednesday, April 24th. The bank reported $0.82 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.83 by ($0.01). The company had revenue of $48.90 million for the quarter, compared to the consensus estimate of $50.20 million. QCR had a net margin of 18.92% and a return on equity of 10.92%. Equities analysts predict that QCR will post 3.29 EPS for the current year.

The firm also recently disclosed 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 0.71%. The ex-dividend date was Thursday, June 20th. QCR’s dividend payout ratio (DPR) is presently 7.79%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QCRH. BlackRock Inc. boosted its holdings in QCR by 0.9% in the fourth quarter. BlackRock Inc. now owns 925,327 shares of the bank’s stock valued at $29,694,000 after acquiring an additional 8,240 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in QCR by 2.8% in the fourth quarter. Bank of New York Mellon Corp now owns 72,905 shares of the bank’s stock valued at $2,339,000 after acquiring an additional 1,961 shares in the last quarter. Citigroup Inc. boosted its holdings in QCR by 53.0% in the fourth quarter. Citigroup Inc. now owns 5,245 shares of the bank’s stock valued at $168,000 after acquiring an additional 1,817 shares in the last quarter. Bessemer Group Inc. boosted its holdings in QCR by 165.7% in the fourth quarter. Bessemer Group Inc. now owns 9,300 shares of the bank’s stock valued at $298,000 after acquiring an additional 5,800 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in QCR by 7.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 546,201 shares of the bank’s stock valued at $17,528,000 after acquiring an additional 35,714 shares in the last quarter. 58.79% of the stock is currently owned by institutional investors and hedge funds.

QCR Company Profile

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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