Inspire Investing LLC Purchases Shares of 11,055 QCR Holdings, Inc. (NASDAQ:QCRH)

Inspire Investing LLC purchased a new position in shares of QCR Holdings, Inc. (NASDAQ:QCRH - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 11,055 shares of the bank's stock, valued at approximately $818,000. Inspire Investing LLC owned about 0.07% of QCR at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Innealta Capital LLC acquired a new stake in QCR during the second quarter worth $35,000. Lazard Asset Management LLC purchased a new stake in QCR in the 1st quarter valued at about $43,000. SG Americas Securities LLC acquired a new position in QCR in the first quarter valued at about $116,000. Susquehanna Fundamental Investments LLC purchased a new position in QCR during the first quarter worth about $205,000. Finally, ProShare Advisors LLC acquired a new stake in shares of QCR during the second quarter valued at about $265,000. Hedge funds and other institutional investors own 70.01% of the company's stock.

QCR Trading Up 1.8 %

Shares of NASDAQ QCRH traded up $1.43 during trading on Tuesday, reaching $79.62. The stock had a trading volume of 121,349 shares, compared to its average volume of 60,728. The business's 50-day moving average price is $74.02 and its 200-day moving average price is $65.00. QCR Holdings, Inc. has a fifty-two week low of $45.83 and a fifty-two week high of $81.58. The company has a market cap of $1.34 billion, a P/E ratio of 11.87 and a beta of 0.94. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.00 and a current ratio of 1.04.

QCR (NASDAQ:QCRH - Get Free Report) last posted its quarterly earnings data on Wednesday, July 24th. The bank reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates of $1.39 by $0.34. The business had revenue of $150.64 million for the quarter, compared to analyst estimates of $82.20 million. QCR had a return on equity of 12.90% and a net margin of 19.37%. During the same quarter in the prior year, the company earned $1.69 earnings per share. On average, equities research analysts predict that QCR Holdings, Inc. will post 6.34 EPS for the current fiscal year.

QCR Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Friday, September 13th were paid a dividend of $0.06 per share. The ex-dividend date was Friday, September 13th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.30%. QCR's payout ratio is 3.58%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods restated an "outperform" rating and issued a $82.00 price objective (up from $70.00) on shares of QCR in a report on Monday, July 29th.

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.