Arosa Capital Management LP Lowered Its Targa Res (TRGP) Position; 6 Analysts Covering QCR Holdings, Inc. (QCRH)

April 19, 2018 - By Adrian Mccoy

Among 7 analysts covering QCR Holdings (NASDAQ:QCRH), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. QCR Holdings had 19 analyst reports since September 2, 2015 according to SRatingsIntel. Maxim Group maintained QCR Holdings, Inc. (NASDAQ:QCRH) rating on Friday, February 2. Maxim Group has “Buy” rating and $53.0 target. The firm has “Buy” rating given on Friday, July 21 by Keefe Bruyette & Woods. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. Stephens maintained it with “Buy” rating and $53.0 target in Monday, February 5 report. Maxim Group maintained the stock with “Buy” rating in Friday, November 3 report. The firm earned “Buy” rating on Tuesday, October 3 by Keefe Bruyette & Woods. As per Monday, December 19, the company rating was maintained by Maxim Group. On Wednesday, September 2 the stock rating was downgraded by TheStreet to “Hold”. The firm has “Buy” rating given on Monday, October 31 by Maxim Group. As per Thursday, October 6, the company rating was initiated by Piper Jaffray. See QCR Holdings, Inc. (NASDAQ:QCRH) latest ratings:

05/02/2018 Broker: Stephens Rating: Buy New Target: $53.0 Maintain
05/02/2018 Broker: Piper Jaffray Rating: Buy New Target: $52.0 Maintain
02/02/2018 Broker: Maxim Group Rating: Buy New Target: $53.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $54.0 Maintain
20/12/2017 Broker: DA Davidson Rating: Buy New Target: $56.0
03/11/2017 Broker: Maxim Group Rating: Buy New Target: $51.0 Maintain

Arosa Capital Management Lp decreased Targa Res Corp (TRGP) stake by 36.3% reported in 2017Q4 SEC filing. Arosa Capital Management Lp sold 150,000 shares as Targa Res Corp (TRGP)’s stock declined 3.67%. The Arosa Capital Management Lp holds 263,211 shares with $12.75 million value, down from 413,211 last quarter. Targa Res Corp now has $10.46B valuation. The stock decreased 0.48% or $0.23 during the last trading session, reaching $47.8. About 996,999 shares traded. Targa Resources Corp. (NYSE:TRGP) has declined 20.04% since April 19, 2017 and is downtrending. It has underperformed by 31.59% the S&P500.

QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company has market cap of $650.61 million. The firm operates through Commercial Banking and Wealth Management divisions. It has a 17.89 P/E ratio. It accepts deposits, and invests in loans/leases and securities.

Since December 14, 2017, it had 1 buy, and 5 insider sales for $296,226 activity. Shares for $44,200 were sold by BUDD THOMAS D on Thursday, December 14. BAIRD PATRICK sold $34,584 worth of QCR Holdings, Inc. (NASDAQ:QCRH) on Friday, December 15. On Tuesday, December 19 the insider HELLING LARRY J sold $45,332. 2,014 shares valued at $89,285 were sold by HULTQUIST DOUGLAS M on Wednesday, February 28. $6,555 worth of stock was bought by Ziegler Marie Z. on Friday, January 19.

The stock increased 5.06% or $2.25 during the last trading session, reaching $46.7. About 74,135 shares traded or 38.60% up from the average. QCR Holdings, Inc. (NASDAQ:QCRH) has risen 6.12% since April 19, 2017 and is uptrending. It has underperformed by 5.43% the S&P500.

Investors sentiment decreased to 1.55 in 2017 Q4. Its down 0.82, from 2.37 in 2017Q3. It dropped, as 12 investors sold QCR Holdings, Inc. shares while 26 reduced holdings. 16 funds opened positions while 43 raised stakes. 8.35 million shares or 1.89% more from 8.19 million shares in 2017Q3 were reported. Stifel Fincl holds 117,202 shares. Millennium Mgmt Lc holds 0.01% in QCR Holdings, Inc. (NASDAQ:QCRH) or 94,017 shares. Second Curve Capital Limited Liability has invested 0.41% of its portfolio in QCR Holdings, Inc. (NASDAQ:QCRH). Rhumbline Advisers stated it has 11,467 shares or 0% of all its holdings. Invesco Limited holds 0% of its portfolio in QCR Holdings, Inc. (NASDAQ:QCRH) for 32,221 shares. 25,000 were accumulated by Fmr. Maltese Cap Mgmt Ltd Limited Liability Company owns 1.24% invested in QCR Holdings, Inc. (NASDAQ:QCRH) for 385,000 shares. Howe Rusling Incorporated holds 0.02% or 3,000 shares. Jacobs Levy Equity has 26,158 shares. California Pub Employees Retirement System accumulated 12,319 shares. Systematic Financial Mngmt Lp reported 0.02% stake. Jacobs Asset Mgmt Ltd reported 346,913 shares. Brandywine Invest Mngmt Limited Liability Com reported 6,400 shares. Sterling Cap Mgmt Lc owns 21,014 shares for 0.01% of their portfolio. 476,565 were reported by Banc Funds Ltd Liability Company.

Investors sentiment decreased to 1.05 in 2017 Q4. Its down 0.19, from 1.24 in 2017Q3. It worsened, as 31 investors sold TRGP shares while 119 reduced holdings. 45 funds opened positions while 112 raised stakes. 193.64 million shares or 5.92% more from 182.82 million shares in 2017Q3 were reported. University Of Texas Investment Managment Com invested in 0.01% or 56 shares. Assetmark has 0% invested in Targa Resources Corp. (NYSE:TRGP). First In has invested 0.02% of its portfolio in Targa Resources Corp. (NYSE:TRGP). Hsbc Public Ltd Company holds 24,828 shares or 0% of its portfolio. Moreover, Boothbay Fund Management Lc has 0.04% invested in Targa Resources Corp. (NYSE:TRGP) for 5,544 shares. Cornerstone Capital Mngmt Lc holds 23,851 shares. Nomura Asset Mgmt accumulated 29,780 shares or 0.02% of the stock. Moreover, Field Main Financial Bank has 0.01% invested in Targa Resources Corp. (NYSE:TRGP). Invesco invested in 126,519 shares or 0% of the stock. Novare Cap Mngmt Limited Liability Company reported 0.48% stake. Spirit Of America Management Corporation holds 1.43% or 265,789 shares in its portfolio. Virginia Retirement Systems Et Al has 21,219 shares for 0.01% of their portfolio. Freestone Capital Liability Co stated it has 16,251 shares or 0.05% of all its holdings. Raymond James Trust Na owns 7,321 shares or 0.02% of their US portfolio. Shine Inv Advisory holds 0.06% or 2,375 shares.

Analysts await Targa Resources Corp. (NYSE:TRGP) to report earnings on May, 3. They expect $0.02 EPS, up 102.60% or $0.79 from last year’s $-0.77 per share. TRGP’s profit will be $4.38M for 597.50 P/E if the $0.02 EPS becomes a reality. After $-0.07 actual EPS reported by Targa Resources Corp. for the previous quarter, Wall Street now forecasts -128.57% EPS growth.

Among 19 analysts covering Targa Resources (NYSE:TRGP), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Targa Resources had 86 analyst reports since August 5, 2015 according to SRatingsIntel. Goldman Sachs downgraded the stock to “Hold” rating in Tuesday, October 17 report. The rating was maintained by Stifel Nicolaus on Monday, June 26 with “Buy”. The rating was downgraded by Raymond James to “Mkt Perform” on Monday, January 4. The stock of Targa Resources Corp. (NYSE:TRGP) has “Outperform” rating given on Friday, April 21 by Macquarie Research. The firm has “Hold” rating given on Tuesday, July 11 by BMO Capital Markets. Raymond James upgraded Targa Resources Corp. (NYSE:TRGP) on Thursday, January 12 to “Outperform” rating. The company was maintained on Friday, March 2 by UBS. As per Monday, March 14, the company rating was reinitiated by Citigroup. Jefferies downgraded the stock to “Hold” rating in Monday, October 16 report. The firm has “Overweight” rating by Capital One given on Monday, May 2.

QCR Holdings, Inc. (NASDAQ:QCRH) Institutional Positions Chart

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