QCR Holdings, Inc. (NASDAQ:QCRH) EVP Cathie Whiteside sold 5,000 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $46.23, for a total value of $231,150.00. Following the completion of the sale, the executive vice president now directly owns 17,255 shares in the company, valued at approximately $797,698.65. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Cathie Whiteside also recently made the following trade(s):

  • On Tuesday, August 1st, Cathie Whiteside sold 2,675 shares of QCR Holdings stock. The shares were sold at an average price of $45.95, for a total value of $122,916.25.

Shares of QCR Holdings, Inc. (NASDAQ:QCRH) traded down 1.30% on Monday, hitting $45.50. The stock had a trading volume of 22,565 shares. QCR Holdings, Inc. has a 1-year low of $27.48 and a 1-year high of $50.00. The company has a market capitalization of $599.46 million, a PE ratio of 18.72 and a beta of 0.61. The firm has a 50-day moving average of $47.45 and a 200 day moving average of $44.55.

QCR Holdings (NASDAQ:QCRH) last released its quarterly earnings results on Thursday, July 20th. The bank reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by $0.01. The firm had revenue of $34.83 million for the quarter, compared to analysts’ expectations of $36.49 million. QCR Holdings had a net margin of 21.11% and a return on equity of 11.34%. On average, equities analysts anticipate that QCR Holdings, Inc. will post $2.72 earnings per share for the current fiscal year.

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A number of equities research analysts have weighed in on the company. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $46.00 target price on shares of QCR Holdings in a report on Monday, April 10th. ValuEngine downgraded QCR Holdings from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. BidaskClub downgraded QCR Holdings from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Finally, Maxim Group reaffirmed a “buy” rating and issued a $50.00 target price on shares of QCR Holdings in a report on Monday, April 24th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $43.75.

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Federated Investors Inc. PA raised its position in shares of QCR Holdings by 24.5% in the second quarter. Federated Investors Inc. PA now owns 31,016 shares of the bank’s stock valued at $1,470,000 after buying an additional 6,103 shares during the period. Comerica Bank purchased a new position in shares of QCR Holdings during the second quarter valued at approximately $397,000. Bank of New York Mellon Corp increased its position in shares of QCR Holdings by 5.5% in the second quarter. Bank of New York Mellon Corp now owns 67,856 shares of the bank’s stock valued at $3,217,000 after buying an additional 3,545 shares during the period. Rhumbline Advisers increased its position in shares of QCR Holdings by 9.7% in the second quarter. Rhumbline Advisers now owns 13,478 shares of the bank’s stock valued at $639,000 after buying an additional 1,196 shares during the period. Finally, Wedge Capital Management L L P NC purchased a new position in shares of QCR Holdings during the second quarter valued at approximately $4,119,000. Institutional investors own 60.77% of the company’s stock.

About QCR Holdings

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), and Rockford Bank and Trust Company (RB&T), which provide full-service commercial and consumer banking and trust and asset management services.

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