News headlines about QCR Holdings (NASDAQ:QCRH) have been trending somewhat positive this week, according to Accern. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. QCR Holdings earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave headlines about the bank an impact score of 47.2103890137698 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have impacted Accern’s analysis:
Shares of QCR Holdings (QCRH) traded up $0.25 during mid-day trading on Friday, hitting $42.00. The company’s stock had a trading volume of 40,100 shares, compared to its average volume of 40,344. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.93 and a quick ratio of 0.93. QCR Holdings has a 52 week low of $35.85 and a 52 week high of $50.00. The company has a market cap of $579.86, a P/E ratio of 16.06, a P/E/G ratio of 1.59 and a beta of 0.59.
Several brokerages recently weighed in on QCRH. ValuEngine downgraded QCR Holdings from a “buy” rating to a “hold” rating in a research note on Thursday. BidaskClub downgraded QCR Holdings from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Keefe, Bruyette & Woods set a $52.00 price objective on QCR Holdings and gave the stock a “buy” rating in a research report on Saturday, July 22nd. Maxim Group reduced their price objective on QCR Holdings from $53.00 to $51.00 and set a “buy” rating for the company in a research report on Friday, November 3rd. Finally, Piper Jaffray Companies set a $55.00 price objective on QCR Holdings and gave the stock a “buy” rating in a research report on Friday, October 6th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $52.67.
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In related news, CFO Todd A. Gipple sold 5,920 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $43.00, for a total transaction of $254,560.00. Following the completion of the transaction, the chief financial officer now owns 49,162 shares in the company, valued at approximately $2,113,966. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 8.80% of the stock is currently owned by company 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, 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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