QCR Holdings, Inc. (NASDAQ:QCRH) Shares Purchased by Empowered Funds LLC

Empowered Funds LLC increased its stake in QCR Holdings, Inc. (NASDAQ:QCRH - Free Report) by 5.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,267 shares of the bank's stock after buying an additional 3,240 shares during the period. Empowered Funds LLC owned 0.40% of QCR worth $5,424,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new stake in QCR in the 3rd quarter worth approximately $158,000. CWM LLC lifted its stake in QCR by 20.9% during the 3rd quarter. CWM LLC now owns 22,755 shares of the bank's stock valued at $1,685,000 after acquiring an additional 3,931 shares during the period. Inspire Investing LLC acquired a new stake in QCR during the 3rd quarter valued at approximately $818,000. New York State Teachers Retirement System acquired a new stake in QCR during the 3rd quarter valued at approximately $111,000. Finally, EMC Capital Management lifted its stake in QCR by 54.1% during the 3rd quarter. EMC Capital Management now owns 7,073 shares of the bank's stock valued at $524,000 after acquiring an additional 2,482 shares during the period. Hedge funds and other institutional investors own 70.01% of the company's stock.

QCR Stock Performance

NASDAQ QCRH traded down $0.32 on Friday, hitting $77.33. 41,566 shares of the company's stock traded hands, compared to its average volume of 85,807. The company has a current ratio of 1.02, a quick ratio of 0.99 and a debt-to-equity ratio of 0.67. QCR Holdings, Inc. has a 1-year low of $54.37 and a 1-year high of $96.08. The firm's 50-day moving average price is $80.71 and its two-hundred day moving average price is $79.66. The firm has a market capitalization of $1.30 billion, a PE ratio of 11.52 and a beta of 0.97.

QCR (NASDAQ:QCRH - Get Free Report) last posted its earnings results on Wednesday, January 22nd. The bank reported $1.93 earnings per share 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%. As a group, analysts expect that QCR Holdings, Inc. will post 6.82 EPS for the current year.

QCR Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.31%. The ex-dividend date was Friday, December 13th. QCR's dividend payout ratio (DPR) is 3.58%.

Insider Activity

In other news, EVP Nicole A. Lee bought 1,094 shares of the business's stock in a transaction dated Wednesday, January 29th. The stock was purchased at an average cost of $78.47 per share, with a total value of $85,846.18. Following the acquisition, the executive vice president now directly owns 1,881 shares in the company, valued at $147,602.07. This trade represents a 139.01 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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.