SG Americas Securities LLC Grows Stock Holdings in QCR Holdings, Inc. (NASDAQ:QCRH)

SG Americas Securities LLC lifted its stake in QCR Holdings, Inc. (NASDAQ:QCRH) by 136.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,053 shares of the bank’s stock after purchasing an additional 2,916 shares during the period. SG Americas Securities LLC’s holdings in QCR were worth $407,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Point72 Asset Management L.P. purchased a new position in QCR in the third quarter valued at $54,000. Principal Financial Group Inc. boosted its holdings in QCR by 11.2% in the third quarter. Principal Financial Group Inc. now owns 8,306 shares of the bank’s stock valued at $615,000 after purchasing an additional 834 shares during the period. Quest Partners LLC acquired a new stake in QCR in the third quarter valued at $62,000. Point72 DIFC Ltd acquired a new stake in QCR in the third quarter valued at $65,000. Finally, BNP Paribas Financial Markets raised its stake in QCR by 30.1% in the third quarter. BNP Paribas Financial Markets now owns 4,372 shares of the bank’s stock valued at $324,000 after buying an additional 1,012 shares in the last quarter. 70.01% of the stock is currently owned by hedge funds and other institutional investors.

QCR Stock Down 0.5 %

QCR stock opened at $77.76 on Monday. QCR Holdings, Inc. has a 1-year low of $54.37 and a 1-year high of $96.08. 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 stock has a market cap of $1.31 billion, a PE ratio of 11.59 and a beta of 0.98. The stock’s fifty day moving average is $83.62 and its two-hundred day moving average is $79.35.

QCR (NASDAQ:QCRH) last posted its earnings results on Wednesday, January 22nd. The bank reported $1.93 EPS 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%. On average, sell-side analysts expect that QCR Holdings, Inc. will post 6.82 EPS for the current fiscal year.

QCR Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 13th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date was Friday, December 13th. QCR’s dividend payout ratio is currently 3.58%.

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.