794 Shares in QCR Holdings, Inc. (NASDAQ:QCRH) Acquired by R Squared Ltd

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

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its stake in shares of QCR by 2.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 5,016 shares of the bank’s stock valued at $404,000 after acquiring an additional 142 shares in the last quarter. SG Americas Securities LLC raised its position in QCR by 136.5% in the 4th quarter. SG Americas Securities LLC now owns 5,053 shares of the bank’s stock valued at $407,000 after purchasing an additional 2,916 shares in the last quarter. Assenagon Asset Management S.A. purchased a new position in shares of QCR in the 4th quarter valued at about $3,755,000. JPMorgan Chase & Co. grew its position in shares of 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 in the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of QCR by 11.2% during the third quarter. Principal Financial Group Inc. now owns 8,306 shares of the bank’s stock worth $615,000 after buying an additional 834 shares in the last quarter. Hedge funds and other institutional investors own 70.01% of the company’s stock.

QCR Stock Down 0.5 %

Shares of NASDAQ:QCRH opened at $77.76 on Friday. QCR Holdings, Inc. has a fifty-two week low of $54.37 and a fifty-two week high of $96.08. The firm’s 50 day moving average price is $83.62 and its 200 day moving average price is $79.20. The company has a quick ratio of 0.99, a current ratio of 1.02 and a debt-to-equity ratio of 0.67. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 11.59 and a beta of 0.98.

QCR (NASDAQ:QCRH) last announced its quarterly earnings data on Wednesday, January 22nd. The bank reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates 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 fiscal year.

QCR Dividend Announcement

The firm also recently disclosed 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. 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%.

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.