QCR Holdings, Inc. (NASDAQ:QCRH) EVP Nicole A. Lee Acquires 1,094 Shares

On January 29th, 2023, Nicole A. Lee, the Executive Vice President of QCR Holdings, Inc. (NASDAQ:QCRH), purchased 1,094 shares of the company's stock. The shares were acquired at an average price of $78.47 each, amounting to a total investment of $85,846.18. As a result of this transaction, Lee's total direct ownership in the company has increased to 1,881 shares, now valued at approximately $147,602.07. This acquisition marks a significant increase of 139.01% in her ownership stake in QCR Holdings. The details of the transaction have been filed with the SEC and can be accessed through the appropriate channels.

QCR Stock Performance

During midday trading on January 30th, QCR stock rose by $0.33, reaching $78.84. The trading volume for the day was 13,782 shares, which is below the average volume of 80,057 shares. The company's market capitalization stands at $1.33 billion, with a price-to-earnings (P/E) ratio of 11.77 and a beta of 0.97. QCR Holdings has demonstrated 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 seen a low of $54.37 and a high of $96.08. The fifty-day simple moving average of the stock is $82.64, while the two-hundred day simple moving average is $79.46.

QCR Dividend Announcement

Recently, QCR Holdings declared a quarterly dividend, which was distributed on January 3rd. Shareholders who were on record as of December 13th received a dividend of $0.06 per share. The ex-dividend date was also set on December 13th. This results in an annualized dividend of $0.24, equating to a dividend yield of 0.30%. Currently, the company maintains a dividend payout ratio (DPR) of 3.58%.

Institutional Trading of QCR

Several hedge funds and institutional investors have made adjustments to their holdings in QCR recently. For instance, Point72 Asset Management L.P. initiated a new position worth about $54,000 in the third quarter. Similarly, Quest Partners LLC added a stake estimated at $62,000, while R Squared Ltd invested approximately $64,000 in the fourth quarter. Additionally, Point72 DIFC Ltd acquired a new position valued at $65,000, and the New York State Teachers Retirement System purchased a stake worth $111,000 during the same period. As it stands, institutional investors and hedge funds collectively own 70.01% of QCR Holdings’ stock.

About QCR

QCR Holdings, Inc. is a multi-bank holding company that offers a variety of services including commercial and consumer banking, as well as trust and asset management services. The deposit products provided by the company encompass noninterest-bearing demand deposits, interest-bearing demand deposits, time deposits, and brokered deposits. Furthermore, QCR offers diverse commercial and retail lending and leasing services, along with investment services tailored for corporations, partnerships, individuals, and governmental bodies.

Investment, Stock, Trading