QCR Holdings, Inc. (NASDAQ:QCRH) Shares Sold by Versor Investments LP

Versor Investments LP lowered its stake in QCR Holdings, Inc. (NASDAQ:QCRH) by 26.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,300 shares of the bank’s stock after selling 2,600 shares during the quarter. Versor Investments LP’s holdings in QCR were worth $589,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of QCRH. Assenagon Asset Management S.A. acquired a new stake in shares of QCR in the fourth quarter valued at $3,755,000. JPMorgan Chase & Co. grew its position in QCR by 10.8% in 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 in the last quarter. Barclays PLC increased its stake 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 purchasing an additional 18,430 shares during the period. State Street Corp increased its stake 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 period. Finally, Denali Advisors LLC lifted its position in shares of QCR by 31.1% during the fourth quarter. Denali Advisors LLC now owns 64,199 shares of the bank’s stock worth $5,177,000 after purchasing an additional 15,221 shares in the last quarter. Hedge funds and other institutional investors own 70.01% of the company’s stock.

Insider Buying and Selling

In other QCR news, EVP Nicole A. Lee bought 1,094 shares of the business’s stock in a transaction dated Wednesday, January 29th. The shares were acquired at an average cost of $78.47 per share, with a total value of $85,846.18. Following the acquisition, the executive vice president now directly owns 1,881 shares of the company’s stock, valued at $147,602.07. The trade was a 139.01 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 3.70% of the stock is owned by company insiders.

QCR Trading Up 0.9 %

Shares of QCRH stock opened at $75.33 on Friday. QCR Holdings, Inc. has a fifty-two week low of $54.37 and a fifty-two week high of $96.08. The company has a 50 day moving average price of $78.65 and a 200 day moving average price of $79.94. The stock has a market capitalization of $1.27 billion, a P/E ratio of 11.23 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 issued its quarterly 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 return on equity of 12.68% and a net margin of 19.06%. Equities research analysts predict that QCR Holdings, Inc. will post 6.82 EPS for the current fiscal year.

QCR Dividend Announcement

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

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.