1 week Ago By ABMN Staff
Corebridge Financial Inc. trimmed its position in shares of Esquire Financial Holdings, Inc. ( NASDAQ:ESQ – Free Report ) by 7.
0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 3,511 shares of the company’s stock after selling 265 shares during the quarter. Corebridge Financial Inc.
’s holdings in Esquire Financial were worth $279,000 at the end of the most recent quarter. A number of other hedge funds have also bought and sold shares of ESQ. FMR LLC lifted its holdings in shares of Esquire Financial by 14.
3% in the 3rd quarter. FMR LLC now owns 2,115 shares of the company’s stock worth $138,000 after acquiring an additional 264 shares during the last quarter. Cornerstone Investment Partners LLC bought a new stake in shares of Esquire Financial during the fourth quarter valued at approximately $218,000.
Delphi Management Inc. MA raised its stake in shares of Esquire Financial by 33.8% during the fourth quarter.
Delphi Management Inc. MA now owns 2,776 shares of the company’s stock valued at $221,000 after acquiring an additional 701 shares in the last quarter. Meridian Wealth Management LLC purchased a new stake in shares of Esquire Financial in the fourth quarter valued at approximately $238,000.
Finally, Franklin Resources Inc. bought a new position in Esquire Financial in the third quarter worth approximately $252,000. Institutional investors own 54.
66% of the company’s stock. Analyst Upgrades and Downgrades Several equities research analysts have weighed in on ESQ shares. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $85.
00 target price (up from $80.00) on shares of Esquire Financial in a report on Monday, January 27th. Piper Sandler upped their price objective on shares of Esquire Financial from $85.
00 to $91.00 and gave the stock an “overweight” rating in a research note on Monday, January 27th. Finally, Raymond James downgraded shares of Esquire Financial from a “strong-buy” rating to a “market perform” rating in a research report on Friday, January 24th.
Insider Activity at Esquire Financial In other news, Director Richard T. Powers sold 1,427 shares of the business’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $86.
99, for a total transaction of $124,134.73. Following the sale, the director now owns 58,997 shares in the company, valued at approximately $5,132,149.
03. The trade was a 2.36 % decrease in their ownership of the stock.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, Director Selig Zises sold 20,000 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $77.
59, for a total transaction of $1,551,800.00. Following the completion of the transaction, the director now directly owns 35,501 shares of the company’s stock, valued at $2,754,522.
59. The trade was a 36.04 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . 18.90% of the stock is currently owned by corporate insiders.
Esquire Financial Trading Down 2.6 % Shares of NASDAQ ESQ opened at $76.91 on Friday.
Esquire Financial Holdings, Inc. has a 12-month low of $44.45 and a 12-month high of $90.
18. The stock’s fifty day simple moving average is $77.40 and its two-hundred day simple moving average is $75.
53. The stock has a market capitalization of $648.51 million, a PE ratio of 14.
91 and a beta of 0.52. Esquire Financial ( NASDAQ:ESQ – Get Free Report ) last issued its quarterly earnings data on Thursday, January 23rd.
The company reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.
01). Esquire Financial had a net margin of 31.58% and a return on equity of 19.
93%. On average, equities analysts predict that Esquire Financial Holdings, Inc. will post 5.
52 earnings per share for the current fiscal year. Esquire Financial Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were paid a dividend of $0.
175 per share. This represents a $0.70 annualized dividend and a dividend yield of 0.
91%. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from Esquire Financial’s previous quarterly dividend of $0.
15. Esquire Financial’s payout ratio is 13.57%.
Esquire Financial Profile ( Free Report ) Esquire Financial Holdings, Inc operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal industry and small businesses, and commercial and retail customers in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit. Featured Articles Want to see what other hedge funds are holding ESQ? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Esquire Financial Holdings, Inc. ( NASDAQ:ESQ – Free Report ). Receive News & Ratings for Esquire Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Esquire Financial and related companies with MarketBeat.
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