James D. Klein Sells 630 Shares of QCR Holdings, Inc. (NASDAQ:QCRH) Stock

QCR Holdings, Inc. (NASDAQ:QCRH) insider James D. Klein sold 630 shares of the business’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 sale was disclosed in a document filed with the SEC, which is available at the SEC website.

QCR Stock Performance

NASDAQ:QCRH opened at $74.04 on Wednesday. The company has a fifty day moving average of $76.73 and a 200-day moving average of $79.96. The firm has a market capitalization of $1.25 billion, a P/E ratio of 11.03 and a beta of 0.98. 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 Holdings, Inc. has a twelve month low of $54.37 and a twelve month high of $96.08.

QCR (NASDAQ:QCRH) last released its quarterly earnings data on Wednesday, January 22nd. The bank reported $1.93 earnings per share 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%. As a group, sell-side analysts anticipate that QCR Holdings, Inc. will post 6.82 EPS for the current year.

QCR Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 19th will be paid a $0.06 dividend. The ex-dividend date is Wednesday, March 19th. This represents a $0.24 annualized dividend and a dividend yield of 0.32%. QCR’s dividend payout ratio is currently 3.58%.

Institutional Trading of QCR

Hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its stake in QCR by 10.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 421,843 shares of the bank’s stock valued at $31,229,000 after purchasing an additional 41,043 shares in the last quarter. Barclays PLC increased its stake in QCR by 148.9% during the 3rd quarter. Barclays PLC now owns 30,805 shares of the bank’s stock valued at $2,281,000 after purchasing an additional 18,430 shares in the last quarter. Alpha DNA Investment Management LLC bought a new stake in QCR during the 3rd quarter valued at $455,000. Jane Street Group LLC increased its stake in QCR by 48.9% during the 3rd quarter. Jane Street Group LLC now owns 27,080 shares of the bank’s stock valued at $2,005,000 after purchasing an additional 8,890 shares in the last quarter. Finally, Assenagon Asset Management S.A. bought a new stake in QCR during the 4th quarter valued at $3,755,000. Institutional investors own 70.01% 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.