Universal Beteiligungs und Servicegesellschaft mbH Makes New $1.52 Million Investment in QCR Holdings, Inc. (NASDAQ:QCRH)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in QCR Holdings, Inc. (NASDAQ:QCRH - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,900 shares of the bank's stock, valued at approximately $1,524,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of QCR at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Janney Montgomery Scott LLC increased its stake in QCR by 2.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 5,016 shares of the bank's stock worth $404,000 after purchasing an additional 142 shares during the period. Rhumbline Advisers increased its holdings in QCR by 0.6% during the 4th quarter. Rhumbline Advisers now owns 26,061 shares of the bank's stock valued at $2,102,000 after purchasing an additional 165 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in QCR by 5.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 5,698 shares of the bank's stock valued at $460,000 after purchasing an additional 283 shares during the period. MetLife Investment Management LLC raised its position in QCR by 3.2% during the 4th quarter. MetLife Investment Management LLC now owns 9,957 shares of the bank's stock valued at $803,000 after purchasing an additional 313 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in QCR by 4.1% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,326 shares of the bank's stock valued at $752,000 after purchasing an additional 365 shares during the last quarter. Institutional investors own 70.01% of the company's stock.

Analyst Upgrades and Downgrades

QCRH has been the topic of several research analyst reports. Wall Street Zen upgraded shares of QCR from a "sell" rating to a "hold" rating in a research report on Friday, May 30th. Piper Sandler cut their price target on QCR from $98.00 to $88.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Raymond James set a $78.00 price objective on QCR and gave the company an "outperform" rating in a research note on Thursday, April 24th. Finally, Keefe, Bruyette & Woods cut their target price on QCR from $99.00 to $90.00 and set an "outperform" rating on the stock in a research note on Thursday, April 24th.

QCR Stock Up 1.9%

NASDAQ:QCRH traded up $1.26 on Friday, reaching $66.90. 48,479 shares of the stock traded hands, compared to its average volume of 78,424. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 9.97 and a beta of 0.80. 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 12 month low of $54.75 and a 12 month 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.

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

QCR Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 18th will be issued 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 of this dividend is Wednesday, June 18th. QCR's payout ratio is presently 3.61%.

Insider Activity

In related news, insider James D. Klein sold 630 shares of the firm's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $73.40, for a total value of $46,242.00. Following the sale, the insider now owns 428 shares in the company, valued at approximately $31,415.20. This trade represents a 59.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Larry J. Helling bought 1,000 shares of the firm's stock in a transaction on Monday, April 28th. The shares were bought at an average price of $64.53 per share, with a total value of $64,530.00. Following the completion of the purchase, the chief executive officer now owns 40,264 shares in the company, valued at approximately $2,598,235.92. The trade was a 2.55% increase in their position. The disclosure for this purchase can be found here. Insiders own 3.70% of the company's stock.

QCR Company 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.