Barclays PLC Purchases 18,430 Shares of QCR Holdings, Inc. (NASDAQ:QCRH)

Barclays PLC raised its position in shares of QCR Holdings, Inc. (NASDAQ:QCRH) by 148.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,805 shares of the bank’s stock after acquiring an additional 18,430 shares during the period. Barclays PLC owned approximately 0.18% of QCR worth $2,281,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of QCRH. Innealta Capital LLC purchased a new stake in QCR during the second quarter valued at $35,000. Point72 Asset Management L.P. purchased a new stake in shares of QCR during the 3rd quarter valued at about $54,000. Quest Partners LLC bought a new position in shares of QCR in the 3rd quarter valued at about $62,000. Point72 DIFC Ltd purchased a new position in QCR in the third quarter worth about $65,000. Finally, New York State Teachers Retirement System purchased a new stake in QCR during the third quarter valued at approximately $111,000. 70.01% of the stock is currently owned by institutional investors.

QCR Price Performance

NASDAQ:QCRH opened at $81.85 on Thursday. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 11.88 and a beta of 0.96. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.02 and a quick ratio of 0.99. The business has a 50 day simple moving average of $86.43 and a 200-day simple moving average of $75.23. QCR Holdings, Inc. has a 1 year low of $53.22 and a 1 year high of $96.08.

QCR (NASDAQ:QCRH) last posted its quarterly earnings data on Wednesday, October 23rd. The bank reported $1.78 EPS for the quarter, topping the consensus estimate of $1.49 by $0.29. QCR had a net margin of 19.25% and a return on equity of 12.92%. The company had revenue of $152.58 million during the quarter, compared to analyst estimates of $84.00 million. During the same period in the previous year, the firm earned $1.51 earnings per share. Equities analysts forecast that QCR Holdings, Inc. will post 6.73 EPS for the current year.

QCR Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 13th will be issued a dividend of $0.06 per share. The ex-dividend date is Friday, December 13th. This represents a $0.24 annualized dividend and a yield of 0.29%. QCR’s payout ratio is 3.48%.

Insider Buying and Selling

In other 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 transaction of $55,302.75. Following the transaction, the chief accounting officer now owns 782 shares of the company’s stock, valued at approximately $64,069.26. This represents a 46.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 3.70% of the stock is currently owned by corporate insiders.

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.