EMC Capital Management Sells 2,482 Shares of QCR Holdings, Inc. (NASDAQ:QCRH)

EMC Capital Management decreased its holdings in QCR Holdings, Inc. (NASDAQ:QCRH) by 35.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,591 shares of the bank’s stock after selling 2,482 shares during the quarter. EMC Capital Management’s holdings in QCR were worth $370,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in QCRH. Point72 Asset Management L.P. purchased a new position in shares of QCR during the third quarter valued at approximately $54,000. Quest Partners LLC purchased a new position in QCR during the 3rd quarter worth $62,000. R Squared Ltd purchased a new stake in shares of QCR in the fourth quarter valued at about $64,000. Point72 DIFC Ltd bought a new position in shares of QCR during the third quarter valued at about $65,000. Finally, New York State Teachers Retirement System purchased a new position in QCR during the third quarter worth about $111,000. Institutional investors and hedge funds own 70.01% of the company’s stock.

QCR Trading Up 1.0 %

NASDAQ:QCRH opened at $79.17 on Thursday. QCR Holdings, Inc. has a 52 week low of $54.37 and a 52 week high of $96.08. The firm has a 50-day moving average price of $84.39 and a two-hundred day moving average price of $79.13. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.99 and a current ratio of 1.02. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 11.80 and a beta of 0.98.

QCR (NASDAQ:QCRH) last issued its quarterly earnings results on Wednesday, January 22nd. The bank reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.19. QCR had a return on equity of 12.68% and a net margin of 19.06%. On average, equities analysts expect that QCR Holdings, Inc. will post 6.93 earnings per share for the current fiscal year.

QCR Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 13th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date of this dividend was Friday, December 13th. QCR’s dividend payout ratio (DPR) is currently 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.