AlphaQuest LLC Has $798,000 Stake in QCR Holdings, Inc. (NASDAQ:QCRH)

AlphaQuest LLC raised its position in shares of QCR Holdings, Inc. (NASDAQ:QCRH - Free Report) by 1,080.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,893 shares of the bank's stock after acquiring an additional 9,055 shares during the period. AlphaQuest LLC owned approximately 0.06% of QCR worth $798,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of QCR in the fourth quarter valued at approximately $3,979,000. Assenagon Asset Management S.A. bought a new stake in shares of QCR in the fourth quarter valued at approximately $3,755,000. JPMorgan Chase & Co. boosted its stake in shares of QCR by 10.8% in the third quarter. JPMorgan Chase & Co. now owns 421,843 shares of the bank's stock valued at $31,229,000 after buying an additional 41,043 shares during the period. Jackson Creek Investment Advisors LLC bought a new stake in shares of QCR in the fourth quarter valued at approximately $1,623,000. Finally, Barclays PLC boosted its stake in shares of QCR by 148.9% in the third quarter. Barclays PLC now owns 30,805 shares of the bank's stock valued at $2,281,000 after buying an additional 18,430 shares during the period. Institutional investors own 70.01% of the company's stock.

QCR Price Performance

QCRH traded up $0.49 during trading on Tuesday, hitting $72.00. 138,610 shares of the stock traded hands, compared to its average volume of 66,569. QCR Holdings, Inc. has a twelve month low of $54.37 and a twelve month high of $96.08. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 10.73 and a beta of 0.98. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.02 and a quick ratio of 0.99. The business has a 50 day moving average price of $77.56 and a 200 day moving average price of $80.11.

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QCR (NASDAQ:QCRH - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The bank reported $1.93 EPS for the quarter, beating the consensus estimate of $1.74 by $0.19. QCR had a net margin of 19.06% and a return on equity of 12.68%. Equities research analysts forecast that QCR Holdings, Inc. will post 6.82 earnings per share for the current fiscal year.

QCR Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 19th will be given a dividend of $0.06 per share. The ex-dividend date is Wednesday, March 19th. This represents a $0.24 annualized dividend and a yield of 0.33%. QCR's dividend payout ratio is currently 3.58%.

Insider Buying and Selling at QCR

In other news, EVP Nicole A. Lee acquired 1,094 shares of the stock in a transaction on Wednesday, January 29th. The stock was acquired at an average cost of $78.47 per share, for a total transaction of $85,846.18. Following the completion of the transaction, the executive vice president now directly owns 1,881 shares in the company, valued at approximately $147,602.07. This trade represents a 139.01 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 3.70% of the company's stock.

About QCR

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