Schroder Investment Management Group Buys 33,806 Shares of QCR Holdings, Inc. (NASDAQ:QCRH)

Schroder Investment Management Group boosted its stake in QCR Holdings, Inc. (NASDAQ:QCRH - Free Report) by 29.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 150,525 shares of the bank's stock after buying an additional 33,806 shares during the quarter. Schroder Investment Management Group owned approximately 0.89% of QCR worth $12,141,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QCRH. Farther Finance Advisors LLC acquired a new position in shares of QCR in the fourth quarter worth $35,000. Point72 Asset Management L.P. acquired a new position in QCR in the 3rd quarter worth about $54,000. R Squared Ltd purchased a new stake in shares of QCR during the 4th quarter worth about $64,000. Point72 DIFC Ltd purchased a new stake in shares of QCR during the 3rd quarter worth about $65,000. Finally, Quantbot Technologies LP lifted its holdings in shares of QCR by 408.6% during the 3rd quarter. Quantbot Technologies LP now owns 2,238 shares of the bank's stock valued at $166,000 after buying an additional 1,798 shares during the last quarter. Hedge funds and other institutional investors own 70.01% of the company's stock.

Analyst Ratings Changes

Separately, Raymond James cut their price objective on shares of QCR from $95.00 to $82.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 2nd.

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QCR Stock Down 0.2 %

Shares of QCRH traded down $0.11 during trading hours on Tuesday, hitting $64.64. 74,193 shares of the company were exchanged, compared to its average volume of 71,403. QCR Holdings, Inc. has a 52 week low of $54.37 and a 52 week high of $96.08. 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 firm's 50 day moving average is $73.78 and its 200-day moving average is $79.40. The company has a market cap of $1.09 billion, a PE ratio of 9.63 and a beta of 0.81.

QCR (NASDAQ:QCRH - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The bank reported $1.93 EPS for the quarter, topping analysts' consensus estimates of $1.74 by $0.19. QCR had a return on equity of 12.68% and a net margin of 19.06%. On average, equities research analysts forecast that QCR Holdings, Inc. will post 6.82 EPS for the current fiscal year.

QCR Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 19th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date of this dividend was Wednesday, March 19th. QCR's dividend payout ratio is currently 3.58%.

Insider Buying and Selling at QCR

In related news, insider James D. Klein sold 630 shares of the firm's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $73.40, for a total transaction of $46,242.00. Following the completion of the transaction, the insider now owns 428 shares in the company, valued at $31,415.20. This trade represents a 59.55 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Nicole A. Lee acquired 1,094 shares of the business's stock in a transaction on Wednesday, January 29th. The shares were bought at an average cost of $78.47 per share, with a total value of $85,846.18. Following the completion of the acquisition, the executive vice president now 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 disclosure for this purchase can be found here. Insiders own 3.70% of the company's stock.

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.