S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving

QCR (NASDAQ:QCRH) Downgraded by StockNews.com

QCR (NASDAQ:QCRH - Get Rating) was downgraded by equities researchers at StockNews.com from a "buy" rating to a "hold" rating in a note issued to investors on Monday.

A number of other analysts have also recently commented on QCRH. Piper Sandler cut their price target on shares of QCR to $64.50 in a research note on Tuesday, November 1st. DA Davidson cut their target price on shares of QCR to $61.00 in a research note on Tuesday, November 1st. Finally, Raymond James cut their target price on shares of QCR from $67.00 to $58.00 and set an "outperform" rating for the company in a research note on Monday, October 31st.

QCR Stock Performance

Shares of QCRH stock opened at $51.70 on Monday. The stock has a market cap of $872.90 million, a P/E ratio of 8.94 and a beta of 0.95. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.01 and a quick ratio of 1.01. The company has a fifty day moving average price of $52.67 and a two-hundred day moving average price of $54.46. QCR has a one year low of $47.23 and a one year high of $62.85.

Insider Buying and Selling at QCR

In other news, Director Brent R. Cobb bought 4,000 shares of the firm's stock in a transaction on Monday, November 7th. The shares were purchased at an average cost of $49.85 per share, with a total value of $199,400.00. Following the acquisition, the director now directly owns 25,407 shares in the company, valued at $1,266,538.95. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, Director Brent R. Cobb purchased 4,000 shares of the firm's stock in a transaction that occurred on Monday, November 7th. The shares were bought at an average cost of $49.85 per share, with a total value of $199,400.00. Following the acquisition, the director now owns 25,407 shares of the company's stock, valued at approximately $1,266,538.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John F. Griesemer purchased 4,500 shares of the firm's stock in a transaction that occurred on Thursday, November 3rd. The shares were bought at an average cost of $48.08 per share, for a total transaction of $216,360.00. Following the completion of the acquisition, the director now directly owns 23,598 shares in the company, valued at approximately $1,134,591.84. The disclosure for this purchase can be found here. Insiders have bought a total of 8,618 shares of company stock valued at $422,287 in the last ninety days. 3.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On QCR


Several hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new stake in QCR during the 3rd quarter worth approximately $332,000. Alliancebernstein L.P. boosted its position in QCR by 0.3% during the 3rd quarter. Alliancebernstein L.P. now owns 164,591 shares of the bank's stock worth $8,384,000 after buying an additional 568 shares during the period. Prelude Capital Management LLC boosted its position in QCR by 3.0% during the 3rd quarter. Prelude Capital Management LLC now owns 32,014 shares of the bank's stock worth $1,631,000 after buying an additional 946 shares during the period. Price T Rowe Associates Inc. MD boosted its position in QCR by 6.0% during the 3rd quarter. Price T Rowe Associates Inc. MD now owns 17,114 shares of the bank's stock worth $873,000 after buying an additional 968 shares during the period. Finally, Quadrature Capital Ltd acquired a new stake in QCR during the 3rd quarter worth approximately $532,000. 70.49% of the stock is currently owned by institutional investors and hedge funds.

About QCR

(Get Rating)

QCR Holdings, Inc, a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. Its deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. The company also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies.

See Also

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