QCR Holdings, Inc. (NASDAQ:QCRH) EVP Nicole A. Lee Acquires 1,094 Shares

QCR Holdings, Inc. (NASDAQ:QCRH - Get Free Report) EVP Nicole A. Lee bought 1,094 shares of the business's stock in a transaction on Wednesday, January 29th. The stock was bought at an average cost of $78.47 per share, for a total transaction of $85,846.18. Following the purchase, the executive vice president now directly owns 1,881 shares of the company's stock, valued at approximately $147,602.07. This trade represents a 139.01 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

QCR Trading Down 0.5 %

NASDAQ QCRH traded down $0.39 during trading on Monday, reaching $77.23. 54,718 shares of the stock traded hands, compared to its average volume of 80,988. QCR Holdings, Inc. has a fifty-two week low of $54.37 and a fifty-two week high of $96.08. 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 firm has a market cap of $1.30 billion, a price-to-earnings ratio of 11.51 and a beta of 0.97. The stock's 50-day moving average price is $82.06 and its 200 day moving average price is $79.63.

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

QCR Announces Dividend

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. AQR Capital Management LLC grew its stake in shares of QCR by 13.0% during the 2nd quarter. AQR Capital Management LLC now owns 32,732 shares of the bank's stock worth $1,964,000 after acquiring an additional 3,769 shares in the last quarter. SG Americas Securities LLC bought a new position in QCR in the third quarter valued at $158,000. CWM LLC increased its stake in QCR by 20.9% in the 3rd quarter. CWM LLC now owns 22,755 shares of the bank's stock valued at $1,685,000 after buying an additional 3,931 shares during the last quarter. Inspire Investing LLC bought a new stake in QCR during the 3rd quarter worth about $818,000. Finally, New York State Teachers Retirement System bought a new position in shares of QCR in the 3rd quarter valued at about $111,000. 70.01% of the stock is currently owned by institutional investors.

QCR Company Profile

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.