Media stories about QCR (NASDAQ:QCRH) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. QCR earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the bank an impact score of 43.891832360795 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of analysts have commented on the company. ValuEngine raised QCR from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. BidaskClub lowered QCR from a “hold” rating to a “sell” rating in a research note on Thursday, January 4th. Maxim Group cut their price target on QCR from $53.00 to $51.00 and set a “buy” rating for the company in a research note on Friday, November 3rd. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $54.00 price objective on shares of QCR in a research note on Friday, December 22nd. Finally, DA Davidson restated a “buy” rating and issued a $56.00 price target on shares of QCR in a research report on Wednesday, December 20th. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $54.00.
QCR (QCRH) remained flat at $$44.15 during trading hours on Friday. The company’s stock had a trading volume of 44,700 shares, compared to its average volume of 60,242. The company has a market capitalization of $613.20, a price-to-earnings ratio of 17.31, a PEG ratio of 1.39 and a beta of 0.54. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.95 and a quick ratio of 0.95. QCR has a 52-week low of $39.85 and a 52-week high of $50.00.
The firm also recently announced a quarterly dividend, which was paid on Thursday, January 4th. Stockholders of record on Friday, December 15th were paid a dividend of $0.05 per share. The ex-dividend date was Thursday, December 14th. This represents a $0.20 annualized dividend and a dividend yield of 0.45%. QCR’s dividend payout ratio (DPR) is 7.84%.
In other news, Director Patrick Baird sold 800 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $43.23, for a total transaction of $34,584.00. Following the completion of the transaction, the director now directly owns 52,722 shares of the company’s stock, valued at approximately $2,279,172.06. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Larry J. Helling sold 1,021 shares of QCR 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. In the last 90 days, insiders sold 2,818 shares of company stock valued at $124,113. 8.80% of the stock is owned by insiders.
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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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