R Squared Ltd Acquires Shares of 794 QCR Holdings, Inc. (NASDAQ:QCRH)

R Squared Ltd bought a new position in shares of QCR Holdings, Inc. (NASDAQ:QCRH) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 794 shares of the bank’s stock, valued at approximately $64,000.

A number of other large investors have also made changes to their positions in the stock. Assenagon Asset Management S.A. acquired a new position in QCR during the fourth quarter worth $3,755,000. JPMorgan Chase & Co. boosted its position in shares of 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 acquiring an additional 41,043 shares during the last quarter. Barclays PLC grew its holdings in shares of QCR by 148.9% in the third 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 during the period. State Street Corp increased its position in QCR by 3.4% during the third quarter. State Street Corp now owns 481,809 shares of the bank’s stock worth $35,696,000 after purchasing an additional 16,006 shares during the last quarter. Finally, Wellington Management Group LLP raised its stake in QCR by 5.0% during the third quarter. Wellington Management Group LLP now owns 253,452 shares of the bank’s stock worth $18,763,000 after purchasing an additional 12,052 shares during the period. 70.01% of the stock is currently owned by hedge funds and other institutional investors.

QCR Stock Performance

QCR stock opened at $77.76 on Friday. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 11.59 and a beta of 0.98. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.02 and a quick ratio of 0.99. The firm has a 50 day simple moving average of $83.62 and a 200-day simple moving average of $79.20. QCR Holdings, Inc. has a 1-year low of $54.37 and a 1-year high of $96.08.

QCR (NASDAQ:QCRH) last posted its earnings results on Wednesday, January 22nd. The bank reported $1.93 earnings per share (EPS) for the quarter, topping 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 expect 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 was paid on Friday, January 3rd. Investors of record on Friday, December 13th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.24 annualized dividend and a yield of 0.31%. QCR’s dividend payout ratio (DPR) is currently 3.58%.

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.