Jane Street Group LLC Purchases 8,890 Shares of QCR Holdings, Inc. (NASDAQ:QCRH)

Jane Street Group LLC grew its holdings in shares of QCR Holdings, Inc. (NASDAQ:QCRH - Free Report) by 48.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 27,080 shares of the bank's stock after acquiring an additional 8,890 shares during the period. Jane Street Group LLC owned about 0.16% of QCR worth $2,005,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of QCRH. Versor Investments LP acquired a new stake in shares of QCR in the third quarter valued at about $733,000. Alpha DNA Investment Management LLC acquired a new stake in QCR during the 3rd quarter valued at approximately $455,000. New York State Teachers Retirement System bought a new position in QCR during the 3rd quarter worth approximately $111,000. Charles Schwab Investment Management Inc. lifted its position in shares of QCR by 1.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 136,698 shares of the bank's stock worth $10,120,000 after purchasing an additional 2,328 shares during the period. Finally, Miller Howard Investments Inc. NY acquired a new position in shares of QCR in the 2nd quarter worth approximately $303,000. 70.01% of the stock is owned by institutional investors.

QCR Trading Up 0.2 %

QCRH traded up $0.19 during trading on Wednesday, reaching $81.85. 45,435 shares of the stock traded hands, compared to its average volume of 63,785. The stock's 50-day moving average is $86.43 and its 200 day moving average is $75.23. QCR Holdings, Inc. has a 12 month low of $53.22 and a 12 month high of $96.08. The stock has a market capitalization of $1.38 billion, a PE ratio of 11.88 and a beta of 0.96. The company has a quick ratio of 0.99, a current ratio of 1.02 and a debt-to-equity ratio of 0.67.

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

QCR Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 13th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.29%. The ex-dividend date is Friday, December 13th. QCR's dividend payout ratio (DPR) is currently 3.48%.

Insider Activity

In other news, CAO Nick W. Anderson sold 675 shares of the company's stock in a transaction that occurred on Wednesday, October 30th. The stock was 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 $64,069.26. This represents a 46.33 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 3.70% of the company's stock.

QCR 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.