Centiva Capital LP Purchases Shares of 5,962 QCR Holdings, Inc. (NASDAQ:QCRH)

Centiva Capital LP purchased a new stake in QCR Holdings, Inc. (NASDAQ:QCRH - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,962 shares of the bank's stock, valued at approximately $441,000.

Several other institutional investors and hedge funds also recently made changes to their positions in QCRH. Innealta Capital LLC acquired a new position in shares of QCR in the second quarter valued at approximately $35,000. Quest Partners LLC acquired a new position in shares of QCR in the third quarter valued at approximately $62,000. New York State Teachers Retirement System acquired a new position in shares of QCR in the third quarter valued at approximately $111,000. SG Americas Securities LLC bought a new stake in shares of QCR in the third quarter worth $158,000. Finally, Quantbot Technologies LP lifted its position in shares of QCR by 408.6% in the third quarter. Quantbot Technologies LP now owns 2,238 shares of the bank's stock worth $166,000 after purchasing an additional 1,798 shares in the last quarter. Institutional investors and hedge funds own 70.01% of the company's stock.

QCR Stock Down 2.1 %

Shares of QCRH stock traded down $1.92 during trading on Monday, reaching $88.47. The company's stock had a trading volume of 83,119 shares, compared to its average volume of 62,587. The business has a fifty day moving average price of $84.18 and a 200-day moving average price of $73.00. The company has a quick ratio of 0.99, a current ratio of 1.02 and a debt-to-equity ratio of 0.67. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 12.84 and a beta of 0.96. QCR Holdings, Inc. has a one year low of $53.22 and a one year high of $96.08.

QCR (NASDAQ:QCRH - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The bank reported $1.78 EPS for the quarter, beating analysts' consensus estimates of $1.49 by $0.29. The firm had revenue of $152.58 million during the quarter, compared to analysts' expectations of $84.00 million. QCR had a net margin of 19.25% and a return on equity of 12.92%. During the same quarter last year, the company posted $1.51 earnings per share. Analysts anticipate that QCR Holdings, Inc. will post 6.73 earnings per share for the current year.

QCR Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 13th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date is Friday, December 13th. QCR's dividend payout ratio is 3.48%.

Insider Buying and Selling

In related news, CAO Nick W. Anderson sold 675 shares of the firm's stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $81.93, for a total transaction of $55,302.75. Following the transaction, the chief accounting officer now directly owns 782 shares of the company's stock, valued at approximately $64,069.26. This trade represents a 46.33 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.70% of the stock is owned by insiders.

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.