Insider Buying: QCR Holdings, Inc. (NASDAQ:QCRH) EVP Acquires 1,094 Shares of Stock

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

QCR Stock Performance

Shares of QCRH opened at $78.91 on Friday. The stock has a 50-day simple moving average of $82.64 and a 200-day simple moving average of $79.46. 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 stock has a market capitalization of $1.33 billion, a PE ratio of 11.76 and a beta of 0.97. QCR Holdings, Inc. has a 1 year low of $54.37 and a 1 year high of $96.08.

QCR (NASDAQ:QCRH) last announced its quarterly earnings data 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 return on equity of 12.68% and a net margin of 19.06%. On average, analysts predict that QCR Holdings, Inc. will post 6.82 earnings per share for the current fiscal year.

QCR Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.30%. The ex-dividend date was Friday, December 13th. QCR’s dividend payout ratio (DPR) is presently 3.58%.

Institutional Investors Weigh In On QCR

Several hedge funds and other institutional investors have recently made changes to their positions in QCRH. Raymond James Financial Inc. acquired a new stake in shares of QCR during the 4th quarter worth about $3,979,000. Assenagon Asset Management S.A. acquired a new position in QCR during the fourth quarter worth approximately $3,755,000. JPMorgan Chase & Co. increased its position in QCR by 10.8% during the third quarter. JPMorgan Chase & Co. now owns 421,843 shares of the bank’s stock worth $31,229,000 after buying an additional 41,043 shares during the period. Jackson Creek Investment Advisors LLC acquired a new position in QCR during the fourth quarter worth approximately $1,623,000. Finally, Barclays PLC increased its position in QCR by 148.9% during the third quarter. Barclays PLC now owns 30,805 shares of the bank’s stock worth $2,281,000 after buying an additional 18,430 shares during the period. Institutional investors and hedge funds own 70.01% of the company’s stock.

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.