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

QCR Holdings, Inc. (NASDAQ:QCRH) EVP Nicole A. Lee bought 1,094 shares of QCR stock in a transaction that occurred on Wednesday, January 29th. The stock was bought at an average cost of $78.47 per share, for a total transaction of $85,846.18. Following the purchase, the executive vice president now owns 1,881 shares in the company, valued at $147,602.07. This represents a 139.01 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

QCR Price Performance

QCR stock traded up $0.33 during midday trading on Thursday, reaching $78.84. 13,782 shares of the company were exchanged, compared to its average volume of 80,057. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 11.77 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. The firm’s 50-day simple moving average is $82.64 and its 200-day simple moving average is $79.46. QCR Holdings, Inc. has a 1 year low of $54.37 and a 1 year high of $96.08.

QCR (NASDAQ:QCRH) last announced its earnings results on Wednesday, January 22nd. The bank reported $1.93 earnings per share (EPS) for the quarter, topping 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%. On average, analysts anticipate that QCR Holdings, Inc. will post 6.82 EPS for the current year.

QCR Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date of this dividend was Friday, December 13th. QCR’s payout ratio is 3.58%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its stake in 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 purchasing an additional 41,043 shares during the period. Barclays PLC raised its position in shares of QCR by 148.9% in the 3rd quarter. Barclays PLC now owns 30,805 shares of the bank’s stock worth $2,281,000 after buying an additional 18,430 shares during the period. Versor Investments LP acquired a new position in QCR in the third quarter valued at $733,000. Alpha DNA Investment Management LLC purchased a new stake in QCR during the third quarter valued at about $455,000. Finally, Jane Street Group LLC increased its stake in QCR by 48.9% during the third quarter. Jane Street Group LLC now owns 27,080 shares of the bank’s stock worth $2,005,000 after acquiring an additional 8,890 shares during the last quarter. 70.01% of the stock is currently owned by hedge funds and other institutional investors.

About QCR

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.