SG Americas Securities LLC boosted its holdings in shares of QCR Holdings, Inc. (NASDAQ:QCRH – Free Report) by 136.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,053 shares of the bank’s stock after buying an additional 2,916 shares during the period. SG Americas Securities LLC’s holdings in QCR were worth $407,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in QCRH. Assenagon Asset Management S.A. acquired a new position in QCR during the 4th quarter valued at about $3,755,000. JPMorgan Chase & Co. increased its position in QCR by 10.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 421,843 shares of the bank’s stock valued at $31,229,000 after buying an additional 41,043 shares in the last quarter. Barclays PLC increased its position in QCR by 148.9% during the 3rd quarter. Barclays PLC now owns 30,805 shares of the bank’s stock valued at $2,281,000 after buying an additional 18,430 shares in the last quarter. State Street Corp increased its position in 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. Finally, Wellington Management Group LLP increased its position in QCR by 5.0% during the 3rd quarter. Wellington Management Group LLP now owns 253,452 shares of the bank’s stock valued at $18,763,000 after buying an additional 12,052 shares in the last quarter. 70.01% of the stock is owned by institutional investors and hedge funds.
QCR Stock Down 0.5 %
QCR stock opened at $77.76 on Monday. QCR Holdings, Inc. has a fifty-two week low of $54.37 and a fifty-two week high of $96.08. 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 cap of $1.31 billion, a PE ratio of 11.59 and a beta of 0.98. The business’s 50-day simple moving average is $83.62 and its two-hundred day simple moving average is $79.35.
QCR Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 13th were given a $0.06 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.24 annualized dividend and a yield of 0.31%. QCR’s payout ratio is 3.58%.
QCR 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.
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