Monarch Partners Asset Management LLC lifted its stake in shares of QCR Holdings, Inc. (NASDAQ:QCRH) by 23.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,525 shares of the bank’s stock after purchasing an additional 2,785 shares during the quarter. Monarch Partners Asset Management LLC owned about 0.10% of QCR worth $689,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Swiss National Bank raised its stake in shares of QCR by 7.3% during the first quarter. Swiss National Bank now owns 21,939 shares of the bank’s stock valued at $984,000 after purchasing an additional 1,500 shares in the last quarter. Barclays PLC raised its stake in shares of QCR by 82.8% during the first quarter. Barclays PLC now owns 3,514 shares of the bank’s stock valued at $158,000 after purchasing an additional 1,592 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of QCR by 1.1% during the first quarter. The Manufacturers Life Insurance Company now owns 226,177 shares of the bank’s stock valued at $10,144,000 after purchasing an additional 2,523 shares in the last quarter. Elizabeth Park Capital Advisors Ltd. raised its stake in shares of QCR by 1.4% during the first quarter. Elizabeth Park Capital Advisors Ltd. now owns 214,386 shares of the bank’s stock valued at $9,615,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC bought a new stake in shares of QCR during the first quarter valued at about $139,000. Institutional investors and hedge funds own 62.54% of the company’s stock.

Shares of QCR stock opened at $44.40 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.98. QCR Holdings, Inc. has a 52 week low of $39.85 and a 52 week high of $49.70. The stock has a market capitalization of $679.05 million, a price-to-earnings ratio of 16.69, a price-to-earnings-growth ratio of 1.40 and a beta of 0.38.

QCR (NASDAQ:QCRH) last issued its quarterly earnings results on Thursday, July 19th. The bank reported $0.77 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.02). QCR had a return on equity of 11.54% and a net margin of 20.84%. The business had revenue of $41.00 million during the quarter, compared to the consensus estimate of $41.58 million. analysts predict that QCR Holdings, Inc. will post 3.1 earnings per share for the current year.

QCRH has been the topic of several research reports. BidaskClub cut shares of QCR from a “hold” rating to a “sell” rating in a research report on Wednesday, June 13th. ValuEngine cut shares of QCR from a “hold” rating to a “sell” rating in a research report on Friday, July 20th. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $52.00 price target on shares of QCR in a research report on Monday, July 23rd. Two investment analysts have rated the stock with a sell rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $53.60.

In other QCR news, CEO Thomas D. Budd sold 856 shares of the business’s stock in a transaction dated Monday, July 9th. The shares were sold at an average price of $49.50, for a total value of $42,372.00. Following the sale, the chief executive officer now directly owns 4,045 shares in the company, valued at $200,227.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.80% of the stock is currently owned by insiders.

About QCR

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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Institutional Ownership by Quarter for QCR (NASDAQ:QCRH)

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