Nicole A. Lee Buys 1,094 Shares of QCR Holdings, Inc. (NASDAQ:QCRH) Stock

QCR Holdings, Inc. (NASDAQ:QCRH) EVP Nicole A. Lee bought 1,094 shares of the stock in a transaction on Wednesday, January 29th. The stock was purchased at an average price of $78.47 per share, for a total transaction of $85,846.18. Following the completion of the purchase, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

QCR Stock Down 1.6 %

QCRH stock opened at $77.62 on Friday. QCR Holdings, Inc. has a fifty-two week low of $54.37 and a fifty-two week high of $96.08. The stock has a fifty day moving average of $82.35 and a 200-day moving average of $79.46. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 11.57 and a beta of 0.97. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.99 and a current ratio of 1.02.

QCR (NASDAQ:QCRH) last posted its earnings results on Wednesday, January 22nd. The bank reported $1.93 earnings per share for the quarter, topping 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, equities research analysts predict that QCR Holdings, Inc. will post 6.82 earnings per share for the current year.

QCR Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.24 annualized dividend and a dividend yield of 0.31%. QCR’s dividend payout ratio is currently 3.58%.

Hedge Funds Weigh In On QCR

A number of large investors have recently made changes to their positions in QCRH. AQR Capital Management LLC boosted its stake in QCR by 13.0% in the 2nd quarter. AQR Capital Management LLC now owns 32,732 shares of the bank’s stock worth $1,964,000 after purchasing an additional 3,769 shares during the period. SG Americas Securities LLC bought a new position in shares of QCR in the third quarter valued at approximately $158,000. CWM LLC grew its stake in QCR by 20.9% during the third quarter. CWM LLC now owns 22,755 shares of the bank’s stock valued at $1,685,000 after acquiring an additional 3,931 shares in the last quarter. Inspire Investing LLC bought a new stake in QCR during the 3rd quarter worth approximately $818,000. Finally, New York State Teachers Retirement System purchased a new stake in QCR in the 3rd quarter worth approximately $111,000. 70.01% of the stock is owned by institutional investors.

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.