Geode Capital Management LLC Buys 1,294 Shares of QCR Holdings, Inc. (NASDAQ:QCRH)

Geode Capital Management LLC grew its stake in shares of QCR Holdings, Inc. ( NASDAQ:QCRH – Free Report ) by 0.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).

The institutional investor owned 402,487 shares of the bank’s stock after acquiring an additional 1,294 shares during the quarter. Geode Capital Management LLC’s holdings in QCR were worth $32,464,000 as of its most recent SEC filing. Several other institutional investors also recently bought and sold shares of the company.



Janney Montgomery Scott LLC boosted its position in shares of QCR by 2.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 5,016 shares of the bank’s stock valued at $404,000 after buying an additional 142 shares during the last quarter.

Rhumbline Advisers raised its holdings in shares of QCR by 0.6% during the fourth quarter. Rhumbline Advisers now owns 26,061 shares of the bank’s stock valued at $2,102,000 after purchasing an additional 165 shares during the last quarter.

Farther Finance Advisors LLC bought a new position in QCR during the fourth quarter valued at approximately $35,000. Principal Financial Group Inc. boosted its holdings in QCR by 7.

7% in the fourth quarter. Principal Financial Group Inc. now owns 8,946 shares of the bank’s stock worth $721,000 after purchasing an additional 640 shares during the last quarter.

Finally, R Squared Ltd purchased a new stake in QCR during the 4th quarter valued at $64,000. 70.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity In other news, EVP Nicole A. Lee acquired 1,094 shares of the business’s stock in a transaction on Wednesday, January 29th. The stock was bought at an average price of $78.

47 per share, with a total value of $85,846.18. Following the completion of the acquisition, the executive vice president now owns 1,881 shares of the company’s stock, valued at approximately $147,602.

07. This represents a 139.01 % increase in their ownership of the stock.

The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website . Also, insider James D. Klein sold 630 shares of the business’s stock in a transaction dated Friday, March 14th.

The stock was 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 $31,415.20. This represents a 59.

55 % decrease in their position. The disclosure for this sale can be found here . Company insiders own 3.

70% of the company’s stock. Analyst Upgrades and Downgrades Read Our Latest Analysis on QCR QCR Stock Performance NASDAQ:QCRH opened at $65.90 on Thursday.

The stock’s 50 day simple moving average is $72.05 and its two-hundred day simple moving average is $78.94.

QCR Holdings, Inc. has a 1 year low of $54.55 and a 1 year high of $96.

08. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 9.

82 and a beta of 0.81. The company has a debt-to-equity ratio of 0.

67, a current ratio of 1.02 and a quick ratio of 0.99.

QCR ( NASDAQ:QCRH – Get Free Report ) last posted 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 anticipate that QCR Holdings, Inc.

will post 6.82 earnings per share for the current fiscal year. QCR Announces Dividend The company also recently declared a quarterly dividend, which was paid on Thursday, April 3rd.

Shareholders of record on Wednesday, March 19th were given a dividend of $0.06 per share. This represents a $0.

24 annualized dividend and a dividend yield of 0.36%. The ex-dividend date was Wednesday, March 19th.

QCR’s payout ratio is 3.58%. QCR 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. Further Reading Want to see what other hedge funds are holding QCRH? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for QCR Holdings, Inc. ( NASDAQ:QCRH – Free Report ). 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.

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