113,123 Shares in QCR Holdings, Inc. (NASDAQ:QCRH) Purchased by MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income

MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income acquired a new position in QCR Holdings, Inc. (NASDAQ:QCRH – Get Rating) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 113,123 shares of the bank’s stock, valued at approximately $6,402,000.

Other institutional investors also recently bought and sold shares of the company. Prospector Partners LLC boosted its holdings in QCR by 5.1% in the 4th quarter. Prospector Partners LLC now owns 109,900 shares of the bank’s stock worth $6,154,000 after buying an additional 5,300 shares during the last quarter. Shell Asset Management Co. lifted its stake in QCR by 2.4% in the 4th quarter. Shell Asset Management Co. now owns 12,956 shares of the bank’s stock worth $726,000 after purchasing an additional 303 shares in the last quarter. Virginia Retirement Systems ET AL purchased a new position in QCR in the 1st quarter worth approximately $306,000. Mairs & Power Inc. lifted its stake in QCR by 5.6% in the 4th quarter. Mairs & Power Inc. now owns 156,289 shares of the bank’s stock worth $8,752,000 after purchasing an additional 8,344 shares in the last quarter. Finally, CENTRAL TRUST Co purchased a new position in QCR in the 1st quarter worth approximately $129,000. 69.48% of the stock is currently owned by institutional investors and hedge funds.

QCR Trading Up 0.5 %

NASDAQ QCRH traded up $0.31 on Friday, reaching $57.49. The stock had a trading volume of 38,671 shares, compared to its average volume of 65,131. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 9.49 and a beta of 0.99. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.66. QCR Holdings, Inc. has a 12-month low of $47.36 and a 12-month high of $62.34. The stock has a fifty day moving average price of $55.10 and a two-hundred day moving average price of $55.57.

QCR (NASDAQ:QCRH – Get Rating) last posted its quarterly earnings results on Tuesday, July 26th. The bank reported $1.73 EPS for the quarter, topping the consensus estimate of $1.35 by $0.38. The business had revenue of $82.18 million during the quarter, compared to the consensus estimate of $81.93 million. QCR had a net margin of 30.55% and a return on equity of 17.11%. As a group, sell-side analysts forecast that QCR Holdings, Inc. will post 6.3 EPS for the current fiscal year.

QCR Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 6th. Investors of record on Friday, June 17th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Thursday, June 16th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.42%. QCR’s payout ratio is currently 3.96%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of QCR from a “buy” rating to a “hold” rating in a research report on Wednesday, June 1st.

QCR Company Profile

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QCR Holdings, Inc, a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. Its deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. The company also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies.