QCR Holdings, Inc. EVP Nicole A. Lee Expands Shareholding

Nicole A. Lee, the Executive Vice President of QCR Holdings, Inc. (NASDAQ:QCRH), has recently increased her investment in the company by purchasing 1,094 shares on January 29th. The shares were acquired at an average price of $78.47 each, culminating in a total investment of $85,846.18. As a result of this transaction, Lee now directly holds 1,881 shares of QCR Holdings, valued at around $147,602.07. This represents a significant increase of 139.01% in her ownership stake.

Current Stock Performance of QCR

On Thursday, QCR Holdings saw its stock price rise by $0.33 during midday trading, reaching $78.84. The trading volume for the day stood at 13,782 shares, which is below the average of 80,057 shares. The company has a market capitalization of $1.33 billion, a price-to-earnings (P/E) ratio of 11.77, and a beta of 0.97. Additionally, QCR Holdings maintains a quick ratio of 0.99, a current ratio of 1.02, and a debt-to-equity ratio of 0.67. Over the past year, the stock has ranged from a low of $54.37 to a high of $96.08, and it currently has a fifty-day simple moving average at $82.64 and a two-hundred-day simple moving average at $79.46.

Recent Earnings Announcement

Recently, QCR Holdings provided an update on its financial performance, announcing quarterly earnings data on January 22nd. The company reported earnings per share (EPS) of $1.93 for the quarter, surpassing analysts' expectations of $1.74 by $0.19. The bank recorded a net margin of 19.06% and a return on equity of 12.68%. Analysts predict that QCR Holdings will achieve an EPS of 6.82 for the current fiscal year.

Dividend Information

QCR Holdings has also announced a quarterly dividend, which was distributed on January 3rd. Shareholders on record as of December 13th received a dividend payment of $0.06 per share. The ex-dividend date was the same day, December 13th. This translates to an annualized dividend of $0.24 and a dividend yield of 0.30%. Presently, the dividend payout ratio stands at 3.58%.

Institutional Investment Activity

Various hedge funds and institutional investors have recently adjusted their positions in QCR Holdings. For instance, Point72 Asset Management L.P. took a new position valued at about $54,000 during the third quarter. Additionally, Quest Partners LLC, R Squared Ltd, and other firms have invested amounts ranging from approximately $62,000 to $111,000 in QCR during recent quarters. At present, institutional owners and hedge funds control 70.01% of the company's shares.

Company Overview

QCR Holdings, Inc. operates as a multi-bank holding company providing a range of commercial and consumer banking services, as well as trust and asset management services. Its deposit products include noninterest-bearing demand accounts, interest-bearing demand accounts, time deposits, and brokered deposits, alongside various lending and investment services to businesses, individuals, and governmental bodies.

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