QCR Holdings, Inc. (NASDAQ:QCRH) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its position in QCR Holdings, Inc. (NASDAQ:QCRH) by 40.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 19,863 shares of the bank’s stock after acquiring an additional 5,738 shares during the quarter. Victory Capital Management Inc.’s holdings in QCR were worth $1,602,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Point72 Asset Management L.P. acquired a new stake in shares of QCR during the 3rd quarter valued at approximately $54,000. Quest Partners LLC acquired a new stake in shares of QCR during the 3rd quarter valued at approximately $62,000. R Squared Ltd acquired a new stake in shares of QCR during the 4th quarter valued at approximately $64,000. Point72 DIFC Ltd acquired a new stake in shares of QCR during the 3rd quarter valued at approximately $65,000. Finally, Quantbot Technologies LP lifted its position in shares of QCR by 408.6% during the 3rd quarter. Quantbot Technologies LP now owns 2,238 shares of the bank’s stock valued at $166,000 after acquiring an additional 1,798 shares during the period. 70.01% of the stock is currently owned by institutional investors and hedge funds.

QCR Price Performance

QCRH stock opened at $74.04 on Wednesday. The firm has a 50 day moving average of $76.73 and a 200-day moving average of $79.96. QCR Holdings, Inc. has a 12-month low of $54.37 and a 12-month high of $96.08. The company has a current ratio of 1.02, a quick ratio of 0.99 and a debt-to-equity ratio of 0.67. The company has a market cap of $1.25 billion, a price-to-earnings ratio of 11.03 and a beta of 0.98.

QCR (NASDAQ:QCRH) last issued its quarterly earnings data on Wednesday, January 22nd. The bank reported $1.93 earnings per share 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%. As a group, equities analysts expect that QCR Holdings, Inc. will post 6.82 EPS for the current fiscal year.

QCR Dividend Announcement

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

Insider Transactions at QCR

In other QCR news, insider James D. Klein sold 630 shares of QCR stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $73.40, for a total value of $46,242.00. Following the completion of the sale, the insider now directly owns 428 shares of the company’s stock, valued at approximately $31,415.20. The trade was a 59.55 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Nicole A. Lee bought 1,094 shares of the stock in a transaction on Wednesday, January 29th. The stock was purchased at an average cost of $78.47 per share, with a total value of $85,846.18. Following the completion of the purchase, the executive vice president now directly owns 1,881 shares in the company, valued at $147,602.07. This trade represents a 139.01 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 3.70% of the company’s stock.

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.