Insider Selling: QCR Holdings, Inc. (NASDAQ:QCRH) Insider Sells $46,242.00 in Stock

QCR Holdings, Inc. (NASDAQ:QCRH) insider James D. Klein sold 630 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $73.40, for a total value of $46,242.00. Following the transaction, the insider now directly owns 428 shares of the company’s stock, valued at $31,415.20. The trade was a 59.55 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

QCR Stock Down 0.2 %

QCRH stock opened at $73.89 on Thursday. QCR Holdings, Inc. has a fifty-two week low of $54.37 and a fifty-two week high of $96.08. The business’s 50 day moving average price is $76.62 and its two-hundred day moving average price is $79.91. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.99 and a current ratio of 1.02. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 11.01 and a beta of 0.98.

QCR (NASDAQ:QCRH) last posted its earnings results 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 return on equity of 12.68% and a net margin of 19.06%. As a group, analysts forecast that QCR Holdings, Inc. will post 6.82 earnings per share for the current fiscal year.

QCR Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 19th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend 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 3.58%.

Institutional Inflows and Outflows

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