1 week Ago By Defense World Staff
Corebridge Financial Inc. lessened its holdings in shares of Esquire Financial Holdings, Inc. (NASDAQ:ESQ – Free Report) by 7.
0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors and hedge funds have also modified their holdings of ESQ. Ampfield Management L.
P. raised its holdings in Esquire Financial by 10.9% in the 4th quarter.
Ampfield Management L.P. now owns 251,633 shares of the company’s stock worth $20,005,000 after purchasing an additional 24,773 shares during the period.
American Century Companies Inc. increased its position in Esquire Financial by 16.8% in the fourth quarter.
American Century Companies Inc. now owns 166,915 shares of the company’s stock worth $13,270,000 after buying an additional 23,998 shares in the last quarter. Vanguard Group Inc.
raised its stake in shares of Esquire Financial by 5.8% in the fourth quarter. Vanguard Group Inc.
now owns 387,730 shares of the company’s stock worth $30,825,000 after buying an additional 21,266 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Esquire Financial by 161.
7% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,500 shares of the company’s stock valued at $1,532,000 after buying an additional 14,521 shares in the last quarter.
Finally, State Street Corp grew its stake in shares of Esquire Financial by 8.5% during the 3rd quarter. State Street Corp now owns 144,344 shares of the company’s stock valued at $9,413,000 after acquiring an additional 11,345 shares during the period.
Hedge funds and other institutional investors own 54.66% of the company’s stock. Esquire Financial Trading Down 2.
6 %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 has a market cap of $648.51 million, a PE ratio of 14.91 and a beta of 0.
52. The stock’s 50 day moving average is $77.40 and its 200 day moving average is $75.
53. Esquire Financial (NASDAQ:ESQ – Get Free Report) last released its earnings results on Thursday, January 23rd. The company reported $1.
37 EPS for the quarter, missing the consensus estimate of $1.38 by ($0.01).
Esquire Financial had a return on equity of 19.93% and a net margin of 31.58%.
On average, analysts forecast that Esquire Financial Holdings, Inc. will post 5.52 EPS for the current fiscal year.
Esquire Financial Increases DividendThe business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued 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 an increase from Esquire Financial’s previous quarterly dividend of $0.15.
Esquire Financial’s dividend payout ratio is 13.57%. Insider ActivityIn related news, Director Selig Zises sold 20,000 shares of the firm’s stock in a transaction on Friday, February 28th.
The shares were sold at an average price of $77.59, for a total value 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 approximately $2,754,522.59. This trade represents a 36.
04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard T.
Powers sold 1,427 shares of the company’s stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $86.99, for a total transaction of $124,134.
73. Following the sale, the director now directly owns 58,997 shares in the company, valued at approximately $5,132,149.03.
The trade was a 2.36 % decrease in their position. The disclosure for this sale can be found here.
Company insiders own 18.90% of the company’s stock. Wall Street Analysts Forecast GrowthA number of equities research analysts have commented on ESQ shares.
Piper Sandler raised their target price 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.
Raymond James cut shares of Esquire Financial from a “strong-buy” rating to a “market perform” rating in a research note on Friday, January 24th. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $85.00 price target (up previously from $80.
00) on shares of Esquire Financial in a research note on Monday, January 27th.Read Our Latest Report on Esquire FinancialEsquire 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.
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