Copeland Capital Management LLC Acquires 39,097 Shares of Esquire Financial Holdings, Inc. $ESQ

Copeland Capital Management LLC lifted its holdings in shares of Esquire Financial Holdings, Inc. (NASDAQ:ESQ) by 14.7% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 304,647 shares of the company’s stock after acquiring an additional 39,097 shares during the quarter. Copeland Capital Management LLC’s holdings in Esquire Financial were worth $32,750,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of ESQ. Global Retirement Partners LLC purchased a new position in Esquire Financial in the 4th quarter valued at approximately $33,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Esquire Financial by 247.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 553 shares of the company’s stock worth $56,000 after acquiring an additional 394 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of Esquire Financial by 64.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 690 shares of the company’s stock worth $70,000 after acquiring an additional 270 shares during the period. Tower Research Capital LLC TRC grew its position in shares of Esquire Financial by 352.5% in the second quarter. Tower Research Capital LLC TRC now owns 810 shares of the company’s stock valued at $77,000 after purchasing an additional 631 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new position in shares of Esquire Financial in the third quarter valued at $93,000. 54.66% of the stock is owned by institutional investors.

Esquire Financial Price Performance

ESQ opened at $123.26 on Friday. The company has a fifty day moving average price of $113.61 and a 200-day moving average price of $109.85. The firm has a market capitalization of $1.06 billion, a P/E ratio of 20.72 and a beta of 0.39. Esquire Financial Holdings, Inc. has a one year low of $90.57 and a one year high of $134.82.

Esquire Financial (NASDAQ:ESQ) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.06. The company had revenue of $40.46 million for the quarter, compared to the consensus estimate of $40.76 million. Esquire Financial had a return on equity of 18.30% and a net margin of 29.96%. On average, analysts expect that Esquire Financial Holdings, Inc. will post 6.7 earnings per share for the current year.

Esquire Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were issued a $0.20 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.80 annualized dividend and a dividend yield of 0.6%. Esquire Financial’s dividend payout ratio (DPR) is presently 13.45%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ESQ shares. Weiss Ratings raised Esquire Financial from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday. Wall Street Zen lowered Esquire Financial from a “hold” rating to a “sell” rating in a report on Saturday, April 11th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Esquire Financial currently has an average rating of “Buy” and an average target price of $120.33.

Esquire Financial Profile

Esquire Financial Holdings, Inc is a bank holding company whose principal subsidiary, Esquire Bank, specializes in residential mortgage lending and community banking services. Headquartered in Kansas City, Missouri, the company operates through multiple distribution channels, including retail branches, wholesale and correspondent lending divisions. Esquire Financial focuses on tailored home financing solutions while maintaining a community-oriented approach to banking.

In its mortgage lending business, Esquire Bank originates and services a range of home loan products, including government-insured mortgages (FHA, VA and USDA) as well as conventional conforming and jumbo loans.