Jane Street Group LLC Has $2.01 Million Stake in QCR Holdings, Inc. (NASDAQ:QCRH)

Jane Street Group LLC grew its stake in shares of QCR Holdings, Inc. (NASDAQ:QCRH) by 48.9% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 27,080 shares of the bank’s stock after buying an additional 8,890 shares during the period. Jane Street Group LLC’s holdings in QCR were worth $2,005,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Bank of New York Mellon Corp grew its stake in QCR by 3.8% during the second quarter. Bank of New York Mellon Corp now owns 88,886 shares of the bank’s stock worth $5,333,000 after buying an additional 3,270 shares during the last quarter. Miller Howard Investments Inc. NY acquired a new stake in shares of QCR during the second quarter worth $303,000. Panagora Asset Management Inc. bought a new stake in QCR in the second quarter valued at about $496,000. Innealta Capital LLC bought a new position in QCR during the 2nd quarter worth approximately $35,000. Finally, Principal Financial Group Inc. increased its holdings in shares of QCR by 6.6% in the second quarter. Principal Financial Group Inc. now owns 7,472 shares of the bank’s stock worth $448,000 after acquiring an additional 463 shares in the last quarter. 70.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at QCR

In other news, CAO Nick W. Anderson sold 675 shares of the business’s stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $81.93, for a total transaction of $55,302.75. Following the completion of the sale, the chief accounting officer now directly owns 782 shares of the company’s stock, valued at $64,069.26. The trade was a 46.33 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 3.70% of the company’s stock.

QCR Trading Up 0.2 %

NASDAQ QCRH opened at $81.85 on Wednesday. QCR Holdings, Inc. has a 52 week low of $53.22 and a 52 week high of $96.08. The stock 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 quick ratio of 0.99 and a current ratio of 1.02. The stock’s 50 day moving average price is $86.39 and its two-hundred day moving average price is $75.05.

QCR (NASDAQ:QCRH) last released its quarterly earnings results on Wednesday, October 23rd. The bank reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $84.00 million. During the same period in the previous year, the business earned $1.51 earnings per share. As a group, analysts anticipate that QCR Holdings, Inc. will post 6.73 earnings per share for the current fiscal year.

QCR Dividend Announcement

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

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.