QCR Holdings, Inc. (NASDAQ:QCRH) Insider James D. Klein Sells 630 Shares of Stock

QCR Holdings, Inc. (NASDAQ:QCRH) insider James D. Klein sold 630 shares of the firm’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $73.40, for a total transaction of $46,242.00. Following the completion of the transaction, the insider now directly owns 428 shares in the company, valued at $31,415.20. This trade represents a 59.55 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

QCR Trading Up 0.8 %

Shares of NASDAQ QCRH opened at $74.32 on Tuesday. QCR Holdings, Inc. has a fifty-two week low of $54.37 and a fifty-two week high of $96.08. The firm has a market capitalization of $1.26 billion, a P/E ratio of 11.08 and a beta of 0.98. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.02 and a quick ratio of 0.99. The company’s 50 day simple moving average is $76.84 and its 200 day simple moving average is $79.98.

QCR (NASDAQ:QCRH) last posted its quarterly earnings results on Wednesday, January 22nd. The bank reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.74 by $0.19. QCR had a return on equity of 12.68% and a net margin of 19.06%. On average, analysts predict that QCR Holdings, Inc. will post 6.82 EPS for the current year.

QCR Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 19th will be paid a $0.06 dividend. 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 presently 3.58%.

Institutional Trading of QCR

A number of hedge funds have recently modified their holdings of QCRH. Principal Financial Group Inc. increased its stake in QCR by 11.2% in the third quarter. Principal Financial Group Inc. now owns 8,306 shares of the bank’s stock valued at $615,000 after purchasing an additional 834 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of QCR by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 64,027 shares of the bank’s stock valued at $4,740,000 after buying an additional 3,216 shares during the period. Quest Partners LLC bought a new stake in shares of QCR in the 3rd quarter valued at $62,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in QCR by 40.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 9,930 shares of the bank’s stock worth $735,000 after buying an additional 2,862 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in QCR by 1.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 136,698 shares of the bank’s stock worth $10,120,000 after acquiring an additional 2,328 shares in the last quarter. 70.01% of the stock is currently owned by institutional investors and hedge funds.

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.