QCR Holdings, Inc. (NASDAQ:QCRH) Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC decreased its holdings in shares of QCR Holdings, Inc. (NASDAQ:QCRH) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 29,020 shares of the bank’s stock after selling 1,367 shares during the period. Fisher Asset Management LLC’s holdings in QCR were worth $2,340,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Denali Advisors LLC lifted its holdings in shares of QCR by 31.1% during the fourth quarter. Denali Advisors LLC now owns 64,199 shares of the bank’s stock worth $5,177,000 after purchasing an additional 15,221 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in shares of QCR in the 4th quarter worth $599,000. New York State Common Retirement Fund boosted its holdings in shares of QCR by 23.7% in the fourth quarter. New York State Common Retirement Fund now owns 19,339 shares of the bank’s stock valued at $1,559,000 after acquiring an additional 3,700 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of QCR by 7.7% during the fourth quarter. Principal Financial Group Inc. now owns 8,946 shares of the bank’s stock worth $721,000 after acquiring an additional 640 shares during the period. Finally, Rhumbline Advisers raised its holdings in QCR by 0.6% during the fourth quarter. Rhumbline Advisers now owns 26,061 shares of the bank’s stock worth $2,102,000 after purchasing an additional 165 shares in the last quarter. Hedge funds and other institutional investors own 70.01% of the company’s stock.

QCR Price Performance

Shares of QCRH opened at $72.37 on Thursday. The company has a current ratio of 1.02, a quick ratio of 0.99 and a debt-to-equity ratio of 0.67. The stock’s 50 day moving average is $78.14 and its two-hundred day moving average is $80.06. QCR Holdings, Inc. has a twelve month low of $54.37 and a twelve month high of $96.08. The firm has a market capitalization of $1.22 billion, a PE ratio of 10.79 and a beta of 0.98.

QCR (NASDAQ:QCRH) last posted its quarterly earnings results on Wednesday, January 22nd. The bank reported $1.93 earnings per share for the quarter, beating 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%. Research analysts anticipate that QCR Holdings, Inc. will post 6.82 earnings per share for the current year.

QCR Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 19th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Wednesday, March 19th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.33%. QCR’s dividend payout ratio (DPR) is presently 3.58%.

Insider Activity

In other news, EVP Nicole A. Lee purchased 1,094 shares of the stock in a transaction that occurred on Wednesday, January 29th. The shares were acquired at an average price of $78.47 per share, for a total transaction of $85,846.18. Following the acquisition, the executive vice president now directly owns 1,881 shares in the company, valued at approximately $147,602.07. The trade was a 139.01 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.70% of the company’s stock.

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.