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

QCR Holdings, Inc. (NASDAQ:QCRH) insider James D. Klein sold 630 shares of the 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 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

QCR Stock Up 0.6 %

Shares of QCRH traded up $0.46 during mid-day trading on Monday, hitting $74.18. 1,857 shares of the company traded hands, compared to its average volume of 66,560. QCR Holdings, Inc. has a 1-year low of $54.37 and a 1-year high of $96.08. The company has a quick ratio of 0.99, a current ratio of 1.02 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $1.25 billion, a PE ratio of 11.06 and a beta of 0.98. The business has a 50 day moving average of $76.96 and a 200 day moving average of $80.00.

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

QCR Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp lifted its position in shares of QCR by 3.4% during the 3rd quarter. State Street Corp now owns 481,809 shares of the bank’s stock valued at $35,696,000 after buying an additional 16,006 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of QCR by 10.3% during the 4th quarter. JPMorgan Chase & Co. now owns 465,282 shares of the bank’s stock valued at $37,520,000 after buying an additional 43,439 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of QCR by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 402,487 shares of the bank’s stock valued at $32,464,000 after buying an additional 1,294 shares in the last quarter. American Century Companies Inc. lifted its position in shares of QCR by 10.5% during the 4th quarter. American Century Companies Inc. now owns 387,702 shares of the bank’s stock valued at $31,264,000 after buying an additional 36,930 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in QCR by 5.0% in the 3rd quarter. Wellington Management Group LLP now owns 253,452 shares of the bank’s stock valued at $18,763,000 after purchasing an additional 12,052 shares in the last quarter. Hedge funds and other institutional investors own 70.01% of the company’s stock.

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.