BNP Paribas Financial Markets Buys 1,012 Shares of QCR Holdings, Inc. (NASDAQ:QCRH)

BNP Paribas Financial Markets grew its stake in QCR Holdings, Inc. (NASDAQ:QCRH) by 30.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,372 shares of the bank’s stock after buying an additional 1,012 shares during the quarter. BNP Paribas Financial Markets’ holdings in QCR were worth $324,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Innealta Capital LLC purchased a new stake in QCR in the 2nd quarter worth approximately $35,000. Quest Partners LLC purchased a new stake in shares of QCR in the third quarter worth $62,000. New York State Teachers Retirement System bought a new stake in shares of QCR during the 3rd quarter valued at $111,000. SG Americas Securities LLC purchased a new position in shares of QCR during the 3rd quarter valued at $158,000. Finally, Quantbot Technologies LP lifted its stake in shares of QCR by 408.6% during the 3rd quarter. Quantbot Technologies LP now owns 2,238 shares of the bank’s stock valued at $166,000 after buying an additional 1,798 shares in the last quarter. Institutional investors own 70.01% of the company’s stock.

Insider Transactions at QCR

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

QCR Trading Down 1.5 %

Shares of QCRH stock opened at $88.37 on Monday. 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 stock has a fifty day simple moving average of $85.47 and a two-hundred day simple moving average of $73.90. The firm has a market capitalization of $1.49 billion, a PE ratio of 12.83 and a beta of 0.96. QCR Holdings, Inc. has a 52-week low of $53.22 and a 52-week high of $96.08.

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

QCR Announces Dividend

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

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.