Raymond James Financial Services Advisors Inc. lifted its stake in Elmira Savings Bank NY (The) (NASDAQ:ESBK) by 27.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,985 shares of the real estate investment trust’s stock after purchasing an additional 4,690 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.66% of Elmira Savings Bank NY worth $442,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Stilwell Value LLC purchased a new position in Elmira Savings Bank NY in the 2nd quarter worth approximately $483,000. Hedge funds and other institutional investors own 16.91% of the company’s stock.

Elmira Savings Bank NY (NASDAQ ESBK) opened at $20.55 on Thursday. Elmira Savings Bank NY has a 1-year low of $18.90 and a 1-year high of $22.25. The firm has a market cap of $54.33, a P/E ratio of 17.27 and a beta of 0.27.

Elmira Savings Bank NY (NASDAQ:ESBK) last announced its quarterly earnings data on Thursday, October 19th. The real estate investment trust reported $0.30 earnings per share for the quarter. The firm had revenue of $5.67 million during the quarter.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 8th will be issued a $0.23 dividend. The ex-dividend date is Thursday, December 7th. This represents a $0.92 dividend on an annualized basis and a yield of 4.48%. Elmira Savings Bank NY’s payout ratio is currently 77.31%.

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Elmira Savings Bank NY Company Profile

Elmira Savings Bank (the Bank) is a New York State chartered savings bank. The Bank conducts its business through full-service offices located in Chemung, Tompkins, Cayuga, Schuyler, and Steuben Counties, New York; a service office located in Tompkins County, New York, and limited service offices located in Broome County and Cortland County, New York.

Institutional Ownership by Quarter for Elmira Savings Bank NY (NASDAQ:ESBK)

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