QCR Holdings (NASDAQ:QCRH) Experiences Significant Volume Surge - Should You Consider Buying?

QCR Holdings, Inc. (NASDAQ:QCRH) experienced a notable increase in trading volume on Tuesday. Approximately 139,741 shares changed hands during mid-day trading, reflecting a substantial rise of 113% compared to the previous day's volume of 65,642 shares. At that time, the stock was trading at $78.56, up from its prior close of $77.38.

QCR Price Overview

The company has a 50-day moving average price of $86.47 and a 200-day moving average of $77.57. QCR Holdings holds a market capitalization of $1.33 billion, alongside a price-to-earnings (P/E) ratio of 11.40 and a beta of 0.98. The company’s debt-to-equity ratio stands at 0.67, while its quick ratio is 0.99 and the current ratio is 1.02.

In its most recent earnings report released on October 23rd, QCR announced earnings of $1.78 per share (EPS) for the quarter, exceeding analysts’ expectations of $1.49 by $0.29. The firm posted a net margin of 19.25% and a return on equity of 12.92%. The company generated revenue of $152.58 million, far surpassing the consensus estimate of $84.00 million. Compared to the same time last year, the firm's EPS increased from $1.51. Analysts predict that QCR Holdings, Inc. will achieve an EPS of 6.73 for the current fiscal year.

Dividend Information

Recently, QCR announced a quarterly dividend, which was paid out on January 3rd. Shareholders on record as of December 13th received a dividend of $0.06 per share, implying an annualized dividend of $0.24 with a yield of 0.31%. The ex-dividend date was also set for December 13th. Currently, QCR’s dividend payout ratio is at 3.48%.

Insider Activity

In other developments, Chief Accounting Officer Nick W. Anderson sold 675 shares of the stock on October 30th at an average price of $81.93, bringing the total sale value to $55,302.75. Following this transaction, the CAO now holds 782 shares of the company, valued at approximately $64,069.26. This sale represents a reduction of 46.33% in his holdings. This information was disclosed in a filing with the Securities and Exchange Commission.

Institutional Stake Changes

Recently, various institutional investors have adjusted their positions in QCR. Point72 Asset Management L.P. initiated a new stake valued at around $54,000 in the third quarter. Quest Partners LLC and Point72 DIFC Ltd also purchased new shares valued at approximately $62,000 and $65,000, respectively. Additionally, New York State Teachers Retirement System acquired a new stake worth approximately $111,000, while SG Americas Securities LLC invested about $158,000 in the same quarter. Institutional investors now own 70.01% of QCR's stock.

Overview of QCR Holdings

QCR Holdings, Inc. is a multi-bank holding company that offers a range of services including commercial and consumer banking, as well as trust and asset management services. The company’s deposit products comprise noninterest-bearing demand deposits, interest-bearing demand deposits, time deposits, and brokered deposits. QCR also provides various lending services for commercial and retail purposes, along with investment services directed toward corporations, partnerships, individuals, and governmental bodies.

Investment Considerations

Before making any investment decisions regarding QCR, it is beneficial to consider various factors. Despite QCR holding a "Buy" rating among analysts, some top-rated analysts have suggested that there are other stocks that may represent better investment opportunities.

Investors should also be cautious of high-yield dividend stocks, as substantial yields can sometimes indicate underlying risks.

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