878 Shares in QCR Holdings, Inc. (NASDAQ:QCRH) Acquired by Point72 DIFC Ltd

Point72 DIFC Ltd purchased a new position in shares of QCR Holdings, Inc. (NASDAQ:QCRH) in the 3rd quarter, Holdings Channel reports. The firm purchased 878 shares of the bank’s stock, valued at approximately $65,000.

A number of other large investors also recently bought and sold shares of the stock. Versor Investments LP acquired a new stake in shares of QCR during the 3rd quarter worth $733,000. Alpha DNA Investment Management LLC acquired a new stake in QCR during the third quarter worth about $455,000. New York State Teachers Retirement System purchased a new position in shares of QCR in the 3rd quarter worth about $111,000. Miller Howard Investments Inc. NY acquired a new position in shares of QCR in the 2nd quarter valued at about $303,000. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of QCR by 12.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,713 shares of the bank’s stock worth $287,000 after purchasing an additional 539 shares during the period. Hedge funds and other institutional investors own 70.01% of the company’s stock.

QCR Trading Down 2.1 %

NASDAQ QCRH opened at $88.47 on Tuesday. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of 12.84 and a beta of 0.96. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.99 and a current ratio of 1.02. QCR Holdings, Inc. has a one year low of $53.22 and a one year high of $96.08. The company’s 50 day moving average price is $84.18 and its 200 day moving average price is $73.00.

QCR (NASDAQ:QCRH) last issued its earnings results on Wednesday, October 23rd. The bank reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.29. QCR had a net margin of 19.25% and a return on equity of 12.92%. The business had revenue of $152.58 million for the quarter, compared to the consensus estimate of $84.00 million. During the same quarter last year, the firm posted $1.51 EPS. On average, sell-side analysts predict that QCR Holdings, Inc. will post 6.73 EPS for the current year.

QCR Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 13th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date is Friday, December 13th. QCR’s dividend payout ratio is presently 3.48%.

Insider Transactions at QCR

In other QCR news, CAO Nick W. Anderson sold 675 shares of the company’s stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $81.93, for a total value of $55,302.75. Following the completion of the transaction, the chief accounting officer now owns 782 shares in the company, valued at $64,069.26. This represents a 46.33 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 3.70% of the company’s stock.

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.