QCR Holdings, Inc. (NASDAQ:QCRH) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC decreased its holdings in shares of QCR Holdings, Inc. (NASDAQ:QCRH) by 4.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,859 shares of the bank’s stock after selling 654 shares during the quarter. Janus Henderson Group PLC owned about 0.09% of QCR worth $1,101,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Versor Investments LP acquired a new stake in shares of QCR during the 3rd quarter worth about $733,000. Alpha DNA Investment Management LLC acquired a new stake in shares of QCR during the third quarter valued at about $455,000. New York State Teachers Retirement System purchased a new stake in shares of QCR in the 3rd quarter valued at approximately $111,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of QCR by 1.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 136,698 shares of the bank’s stock worth $10,120,000 after acquiring an additional 2,328 shares during the last quarter. Finally, Miller Howard Investments Inc. NY purchased a new position in shares of QCR during the 2nd quarter worth approximately $303,000. Hedge funds and other institutional investors own 70.01% of the company’s stock.

QCR Stock Down 1.4 %

QCR stock opened at $88.37 on Friday. The company has a market capitalization of $1.49 billion, a PE ratio of 12.83 and a beta of 0.96. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.99 and a current ratio of 1.02. QCR Holdings, Inc. has a fifty-two week low of $53.22 and a fifty-two week high of $96.08. The firm has a 50 day moving average price of $85.20 and a 200 day moving average price of $73.45.

QCR (NASDAQ:QCRH) last issued its quarterly earnings data on Wednesday, October 23rd. The bank reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.29. QCR had a return on equity of 12.92% and a net margin of 19.25%. The business had revenue of $152.58 million during the quarter, compared to analysts’ expectations of $84.00 million. During the same period in the previous year, the firm posted $1.51 earnings per share. Research analysts expect that QCR Holdings, Inc. will post 6.73 earnings per share for the current year.

QCR Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 13th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.24 dividend on an annualized basis and a yield of 0.27%. QCR’s dividend payout ratio (DPR) is presently 3.48%.

Insider Transactions at QCR

In related news, CAO Nick W. Anderson sold 675 shares of the company’s stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $81.93, for a total transaction of $55,302.75. Following the sale, the chief accounting officer now directly owns 782 shares of the company’s stock, valued at $64,069.26. This represents a 46.33 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate 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.