2 weeks Ago By Defense World Staff
Dimensional Fund Advisors LP boosted its holdings in QCR Holdings, Inc. ( NASDAQ:QCRH – Free Report ) by 1.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission.
The institutional investor owned 1,046,495 shares of the bank’s stock after purchasing an additional 13,567 shares during the quarter. Dimensional Fund Advisors LP owned 6.23% of QCR worth $62,787,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Innealta Capital LLC acquired a new stake in shares of QCR in the second quarter valued at approximately $35,000. Lazard Asset Management LLC bought a new position in QCR during the 1st quarter worth $43,000.
SG Americas Securities LLC acquired a new position in QCR in the 1st quarter valued at $116,000. Northwest Bank & Trust Co bought a new stake in shares of QCR during the 4th quarter valued at $204,000. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in shares of QCR during the 1st quarter worth $205,000.
Institutional investors own 70.01% of the company’s stock. QCR Stock Performance Shares of NASDAQ:QCRH opened at $72.
33 on Friday. QCR Holdings, Inc. has a 1 year low of $45.
83 and a 1 year high of $79.61. The stock has a market capitalization of $1.
22 billion, a price-to-earnings ratio of 10.78 and a beta of 0.95.
The company has a debt-to-equity ratio of 0.82, a current ratio of 1.04 and a quick ratio of 1.
00. The company’s 50 day simple moving average is $73.44 and its 200 day simple moving average is $63.
34. QCR Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 2nd. Shareholders of record on Friday, September 13th will be paid a dividend of $0.
06 per share. This represents a $0.24 annualized dividend and a yield of 0.
33%. The ex-dividend date is Friday, September 13th. QCR’s payout ratio is 3.
58%. Wall Street Analyst Weigh In Separately, Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $82.00 price target (up previously from $70.
00) on shares of QCR in a research note on Monday, July 29th. Get Our Latest Stock Analysis on QCR QCR Company Profile ( Free Report ) 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. See Also Five stocks we like better than QCR Stock Dividend Cuts Happen Are You Ready? Can Costco Stock Hit New Highs as Interest Rates Drop? Natural Gas Prices Continue To Rally, These Stocks Should Benefit These 3 Stocks Show How to Navigate Declining Consumer Confidence What is Forex and How Does it Work? MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy? Receive News & Ratings for QCR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QCR and related companies with MarketBeat.com's FREE daily email newsletter .
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