Endicott Management Co buys $12,794,425 stake in QCR Holdings (QCRH)

QCR Holdings (QCRH) : Endicott Management Co scooped up 130,000 additional shares in QCR Holdings during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 431,079 shares of QCR Holdings which is valued at $12,794,425.QCR Holdings makes up approximately 4.42% of Endicott Management Co’s portfolio.

Other Hedge Funds, Including , Manufacturers Life Insurance Company The reduced its stake in QCRH by selling 191 shares or 0.15% in the most recent quarter. The Hedge Fund company now holds 129,586 shares of QCRH which is valued at $3,846,112. QCR Holdings makes up approx 0.01% of Manufacturers Life Insurance Company The’s portfolio.Fj Capital Management reduced its stake in QCRH by selling 2,000 shares or 1.4% in the most recent quarter. The Hedge Fund company now holds 141,000 shares of QCRH which is valued at $4,184,880. QCR Holdings makes up approx 0.79% of Fj Capital Management’s portfolio.Blackrock Fund Advisors boosted its stake in QCRH in the latest quarter, The investment management firm added 11,737 additional shares and now holds a total of 309,403 shares of QCR Holdings which is valued at $9,183,081.Pinnacle Holdings boosted its stake in QCRH in the latest quarter, The investment management firm added 345 additional shares and now holds a total of 125,070 shares of QCR Holdings which is valued at $3,674,557. QCR Holdings makes up approx 1.82% of Pinnacle Holdings’s portfolio.Gsa Capital Partners Llp boosted its stake in QCRH in the latest quarter, The investment management firm added 6,300 additional shares and now holds a total of 29,340 shares of QCR Holdings which is valued at $869,051. QCR Holdings makes up approx 0.05% of Gsa Capital Partners Llp’s portfolio.

QCR Holdings closed down -0.13 points or -0.42% at $31.09 with 24,362 shares getting traded on Thursday. Post opening the session at $31.17, the shares hit an intraday low of $30.19 and an intraday high of $31.27 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Investors should note that on Aug 29, 2016, QCR Holdings announced a cash dividend of $0.0400. The company’s management has announced Sep 14, 2016 as the ex-dividend date and fixed the record date on Sep 16, 2016. The payable date has been fixed on Oct 5, 2016.

Many Wall Street Analysts have commented on QCR Holdings. Company shares were Reiterated by Maxim Group on May 27, 2016 to “Buy”, Firm has raised the Price Target to $ 33 from a previous price target of $30 .

QCR Holdings Inc. is a multi-bank holding company. The Company serves the Quad Cities Cedar Rapids Waterloo/Cedar Falls and Rockford communities through its three wholly owned banking subsidiaries: Quad City Bank and Trust Company (QCBT) Cedar Rapids Bank and Trust Company (CRBT) and Rockford Bank and Trust Company (RB&T) which provide full-service commercial and consumer banking and trust and asset management services. The Company also engages in direct financing lease contracts through m2 Lease Funds LLC (m2) a wholly owned subsidiary of QCBT. The Company invests limited amounts of its capital in financial institutions and mutual funds. CRBT continues to provide residential real estate mortgage lending services through its consumer banking division. The Company’s principal business consists of attracting deposits and investing those deposits in loans/leases and securities.

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