Mairs & Power INC boosted its stake in QCR Holdings, Inc. (NASDAQ:QCRH) by 5.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 103,750 shares of the bank’s stock after acquiring an additional 5,075 shares during the quarter. Mairs & Power INC’s holdings in QCR were worth $3,329,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in QCRH. Citigroup Inc. lifted its position in QCR by 53.0% in the 4th quarter. Citigroup Inc. now owns 5,245 shares of the bank’s stock worth $168,000 after buying an additional 1,817 shares in the last quarter. Eqis Capital Management Inc. increased its stake in shares of QCR by 10.5% during the 4th quarter. Eqis Capital Management Inc. now owns 6,919 shares of the bank’s stock worth $222,000 after purchasing an additional 656 shares during the last quarter. Strs Ohio increased its stake in shares of QCR by 16.7% during the 4th quarter. Strs Ohio now owns 8,700 shares of the bank’s stock worth $279,000 after purchasing an additional 1,248 shares during the last quarter. Bessemer Group Inc. increased its stake in shares of QCR by 165.7% during the 4th quarter. Bessemer Group Inc. now owns 9,300 shares of the bank’s stock worth $298,000 after purchasing an additional 5,800 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. acquired a new position in shares of QCR during the 3rd quarter worth $306,000. Institutional investors own 58.29% of the company’s stock.

Shares of QCRH traded down $0.04 during mid-day trading on Thursday, hitting $34.55. 847 shares of the company’s stock were exchanged, compared to its average volume of 28,009. QCR Holdings, Inc. has a twelve month low of $30.15 and a twelve month high of $49.60. The firm has a market cap of $541.38 million, a price-to-earnings ratio of 11.22, a price-to-earnings-growth ratio of 0.98 and a beta of 0.73. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.03.

QCR (NASDAQ:QCRH) last posted its earnings results on Thursday, January 24th. The bank reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. QCR had a net margin of 19.21% and a return on equity of 11.73%. The business had revenue of $54.87 million for the quarter, compared to analyst estimates of $48.73 million. As a group, research analysts predict that QCR Holdings, Inc. will post 3.52 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 3rd. Investors of record on Friday, March 15th will be paid a $0.06 dividend. The ex-dividend date is Thursday, March 14th. This represents a $0.24 dividend on an annualized basis and a yield of 0.69%. QCR’s payout ratio is presently 7.79%.

Several research analysts have recently commented on QCRH shares. Zacks Investment Research upgraded shares of QCR from a “sell” rating to a “hold” rating in a research note on Wednesday, March 6th. BidaskClub upgraded shares of QCR from a “strong sell” rating to a “sell” rating in a research note on Wednesday, February 20th. Maxim Group restated a “buy” rating and set a $43.00 price target on shares of QCR in a research note on Monday, January 28th. Finally, ValuEngine lowered shares of QCR from a “sell” rating to a “strong sell” rating in a research note on Thursday, March 7th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $44.00.

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QCR Company Profile

QCR Holdings, Inc, a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company operates through Commercial Banking and Wealth Management segments. Its deposit products include noninterest and interest-bearing demand, time, and brokered time deposits.

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Want to see what other hedge funds are holding QCRH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for QCR Holdings, Inc. (NASDAQ:QCRH).

Institutional Ownership by Quarter for QCR (NASDAQ:QCRH)

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