5,708 Shares in QCR Holdings, Inc. (NASDAQ:QCRH) Acquired by Versor Investments LP

Versor Investments LP bought a new position in shares of QCR Holdings, Inc. (NASDAQ:QCRHFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,708 shares of the bank’s stock, valued at approximately $277,000.

Several other large investors have also added to or reduced their stakes in QCRH. JPMorgan Chase & Co. grew its stake in QCR by 93.1% during the fourth quarter. JPMorgan Chase & Co. now owns 278,386 shares of the bank’s stock worth $13,819,000 after purchasing an additional 134,236 shares during the period. EJF Capital LLC grew its stake in QCR by 44.7% during the first quarter. EJF Capital LLC now owns 265,063 shares of the bank’s stock worth $15,000,000 after purchasing an additional 81,945 shares during the period. BlackRock Inc. boosted its holdings in QCR by 5.0% in the second quarter. BlackRock Inc. now owns 1,352,693 shares of the bank’s stock worth $55,501,000 after acquiring an additional 64,005 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in QCR by 24.0% in the first quarter. The Manufacturers Life Insurance Company now owns 329,385 shares of the bank’s stock worth $18,640,000 after acquiring an additional 63,712 shares in the last quarter. Finally, Meros Investment Management LP boosted its holdings in QCR by 179.3% in the fourth quarter. Meros Investment Management LP now owns 97,967 shares of the bank’s stock worth $4,863,000 after acquiring an additional 62,892 shares in the last quarter. Institutional investors and hedge funds own 67.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on QCRH shares. Piper Sandler increased their price target on QCR from $67.00 to $74.00 and gave the stock an “overweight” rating in a report on Thursday, January 25th. Keefe, Bruyette & Woods increased their price target on QCR from $69.00 to $70.00 and gave the stock an “outperform” rating in a report on Thursday, January 25th. Raymond James increased their price target on QCR from $60.00 to $72.00 and gave the stock an “outperform” rating in a report on Monday. Finally, StockNews.com began coverage on QCR in a report on Thursday, October 5th. They issued a “hold” rating on the stock.

Get Our Latest Analysis on QCRH

Insider Activity

In other news, CFO Todd A. Gipple sold 6,791 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $61.00, for a total value of $414,251.00. Following the transaction, the chief financial officer now owns 40,043 shares in the company, valued at $2,442,623. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.50% of the company’s stock.

QCR Stock Down 5.7 %

QCRH stock opened at $58.41 on Thursday. QCR Holdings, Inc. has a twelve month low of $35.14 and a twelve month high of $62.94. The company has a quick ratio of 1.00, a current ratio of 1.04 and a debt-to-equity ratio of 0.86. The stock’s 50 day moving average is $56.44 and its 200-day moving average is $52.32. The firm has a market capitalization of $977.20 million, a PE ratio of 8.68 and a beta of 0.96.

QCR Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding QCRH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for QCR Holdings, Inc. (NASDAQ:QCRHFree Report).

Institutional Ownership by Quarter for QCR (NASDAQ:QCRH)

Receive News & Ratings for QCR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QCR and related companies with MarketBeat.com's FREE daily email newsletter.