QCR Holdings, Inc. (NASDAQ:QCRH) Shares Sold by Fmr LLC

FMR LLC lowered its stake in shares of QCR Holdings, Inc. (NASDAQ:QCRH - Free Report) by 3.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,455,513 shares of the bank's stock after selling 55,438 shares during the quarter. FMR LLC owned about 8.63% of QCR worth $107,752,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its stake in shares of QCR by 1.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,046,495 shares of the bank's stock worth $62,787,000 after buying an additional 13,567 shares during the last quarter. Renaissance Technologies LLC raised its holdings in shares of QCR by 2.7% during the 2nd quarter. Renaissance Technologies LLC now owns 335,172 shares of the bank's stock worth $20,110,000 after acquiring an additional 8,800 shares during the period. American Century Companies Inc. raised its position in shares of QCR by 20.1% during the 2nd quarter. American Century Companies Inc. now owns 307,197 shares of the bank's stock valued at $18,432,000 after buying an additional 51,471 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in QCR by 1.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 136,698 shares of the bank's stock valued at $10,120,000 after buying an additional 2,328 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of QCR by 3.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 88,886 shares of the bank's stock worth $5,333,000 after acquiring an additional 3,270 shares during the last quarter. Hedge funds and other institutional investors own 70.01% of the company's stock.

Insider Buying and Selling at QCR

In other news, CAO Nick W. Anderson sold 675 shares of the company's stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $81.93, for a total value of $55,302.75. Following the sale, the chief accounting officer now directly owns 782 shares in the company, valued at $64,069.26. This represents a 46.33 % decrease in their ownership of the stock. The sale 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 corporate insiders.

QCR Trading Down 0.5 %

Shares of NASDAQ QCRH traded down $0.49 during trading on Thursday, reaching $90.62. The stock had a trading volume of 82,142 shares, compared to its average volume of 62,532. The company has a market cap of $1.53 billion, a P/E ratio of 13.15 and a beta of 0.96. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.99 and a current ratio of 1.02. The business's 50-day moving average price is $83.53 and its 200-day moving average price is $72.37. QCR Holdings, Inc. has a fifty-two week low of $50.29 and a fifty-two week high of $96.08.

QCR (NASDAQ:QCRH - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The bank reported $1.78 EPS for the quarter, topping the consensus estimate of $1.49 by $0.29. The company 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 in the previous year, the business posted $1.51 EPS. On average, equities research analysts predict that QCR Holdings, Inc. will post 6.73 EPS for the current fiscal year.

QCR Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 13th will be issued a $0.06 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.24 annualized dividend and a dividend yield of 0.26%. QCR's dividend payout ratio is currently 3.48%.

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.