Two Sigma Investments LP Has $1.88 Million Stock Holdings in QCR Holdings, Inc. (NASDAQ:QCRH)

Two Sigma Investments LP decreased its position in QCR Holdings, Inc. (NASDAQ:QCRH - Free Report) by 22.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,310 shares of the bank's stock after selling 6,891 shares during the quarter. Two Sigma Investments LP owned about 0.14% of QCR worth $1,880,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Farther Finance Advisors LLC acquired a new position in QCR in the fourth quarter worth approximately $35,000. Lazard Asset Management LLC boosted its stake in shares of QCR by 3,042.1% during the 4th quarter. Lazard Asset Management LLC now owns 597 shares of the bank's stock worth $48,000 after acquiring an additional 578 shares in the last quarter. LPL Financial LLC acquired a new position in shares of QCR in the 4th quarter worth $263,000. Aquatic Capital Management LLC raised its position in shares of QCR by 109.9% during the fourth quarter. Aquatic Capital Management LLC now owns 3,569 shares of the bank's stock worth $288,000 after purchasing an additional 1,869 shares during the period. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of QCR during the fourth quarter worth $307,000. Institutional investors own 70.01% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on QCRH. Wall Street Zen raised QCR from a "sell" rating to a "hold" rating in a research note on Friday, May 30th. Raymond James set a $78.00 target price on shares of QCR and gave the stock an "outperform" rating in a research report on Thursday, April 24th. Piper Sandler cut their price target on shares of QCR from $98.00 to $88.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of QCR from $99.00 to $90.00 and set an "outperform" rating for the company in a research note on Thursday, April 24th.

QCR Stock Up 1.9%

NASDAQ QCRH traded up $1.26 during trading on Friday, reaching $66.90. 48,479 shares of the company's stock were exchanged, compared to its average volume of 78,504. The company has a current ratio of 1.02, a quick ratio of 0.99 and a debt-to-equity ratio of 0.67. QCR Holdings, Inc. has a fifty-two week low of $54.75 and a fifty-two week high of $96.08. The company's fifty day simple moving average is $66.90 and its 200-day simple moving average is $75.42. The firm has a market capitalization of $1.13 billion, a PE ratio of 9.97 and a beta of 0.80.

QCR (NASDAQ:QCRH - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The bank reported $1.53 EPS for the quarter, topping the consensus estimate of $1.52 by $0.01. QCR had a net margin of 19.06% and a return on equity of 12.68%. The business had revenue of $76.88 million during the quarter, compared to analysts' expectations of $94.01 million. During the same period last year, the company posted $1.59 earnings per share. Sell-side analysts predict that QCR Holdings, Inc. will post 6.82 EPS for the current year.

QCR Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date is Wednesday, June 18th. QCR's dividend payout ratio (DPR) is currently 3.61%.

Insider Activity

In other news, CEO Larry J. Helling acquired 1,000 shares of QCR stock in a transaction that occurred on Monday, April 28th. The stock was purchased at an average price of $64.53 per share, with a total value of $64,530.00. Following the completion of the transaction, the chief executive officer now owns 40,264 shares in the company, valued at approximately $2,598,235.92. This trade represents a 2.55% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider James D. Klein sold 630 shares of the company's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $73.40, for a total value of $46,242.00. Following the completion of the transaction, the insider now directly owns 428 shares in the company, valued at approximately $31,415.20. The trade was a 59.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by corporate insiders.

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.