QCR Holdings, Inc. (NASDAQ:QCRH – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $57.37 and traded as high as $60.19. QCR shares last traded at $58.98, with a volume of 60,965 shares.
QCR Stock Performance
The stock has a market cap of $980.36 million, a PE ratio of 8.69 and a beta of 0.96. The stock has a fifty day simple moving average of $57.30 and a two-hundred day simple moving average of $57.39. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.95 and a current ratio of 1.00.
QCR (NASDAQ:QCRH – Get Free Report) last announced its earnings results on Tuesday, April 23rd. The bank reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.27. QCR had a net margin of 19.92% and a return on equity of 13.23%. The business had revenue of $141.91 million during the quarter, compared to the consensus estimate of $82.83 million. During the same period in the prior year, the firm earned $1.65 earnings per share. Equities analysts anticipate that QCR Holdings, Inc. will post 5.78 EPS for the current fiscal year.
QCR Dividend Announcement
Institutional Investors Weigh In On QCR
Several hedge funds and other institutional investors have recently bought and sold shares of the business. EMC Capital Management acquired a new stake in shares of QCR during the first quarter worth approximately $279,000. Comerica Bank grew its holdings in QCR by 3.4% during the 1st quarter. Comerica Bank now owns 28,266 shares of the bank’s stock worth $1,717,000 after acquiring an additional 938 shares in the last quarter. Janus Henderson Group PLC increased its position in shares of QCR by 131.3% in the 1st quarter. Janus Henderson Group PLC now owns 16,301 shares of the bank’s stock worth $989,000 after purchasing an additional 9,253 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of QCR by 12.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,713 shares of the bank’s stock valued at $287,000 after purchasing an additional 539 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new position in shares of QCR during the first quarter worth about $43,000. 70.01% of the stock is currently owned by hedge funds and other institutional investors.
About QCR
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.
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