Copeland Capital Management LLC Has $24.29 Million Position in Esquire Financial Holdings, Inc. $ESQ

Copeland Capital Management LLC lessened its stake in shares of Esquire Financial Holdings, Inc. (NASDAQ:ESQ) by 2.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 238,022 shares of the company’s stock after selling 6,839 shares during the quarter. Copeland Capital Management LLC’s holdings in Esquire Financial were worth $24,291,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Geode Capital Management LLC increased its stake in shares of Esquire Financial by 4.0% in the second quarter. Geode Capital Management LLC now owns 199,925 shares of the company’s stock worth $18,927,000 after purchasing an additional 7,673 shares during the period. Bosun Asset Management LLC grew its holdings in Esquire Financial by 52.7% in the 1st quarter. Bosun Asset Management LLC now owns 9,364 shares of the company’s stock valued at $706,000 after buying an additional 3,232 shares during the last quarter. Rafferty Asset Management LLC bought a new position in Esquire Financial in the 1st quarter worth approximately $751,000. Corient Private Wealth LLC lifted its holdings in shares of Esquire Financial by 70.5% during the second quarter. Corient Private Wealth LLC now owns 16,038 shares of the company’s stock worth $1,518,000 after buying an additional 6,629 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Esquire Financial in the first quarter valued at approximately $263,000. 54.66% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Weiss Ratings reiterated a “buy (b+)” rating on shares of Esquire Financial in a research note on Monday, December 22nd. Piper Sandler boosted their price target on Esquire Financial from $113.00 to $116.00 and gave the company an “overweight” rating in a research note on Wednesday, October 29th. Finally, Wall Street Zen downgraded Esquire Financial from a “hold” rating to a “sell” rating in a research report on Sunday, November 23rd. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $113.00.

Esquire Financial Stock Down 0.6%

Shares of ESQ opened at $104.40 on Tuesday. The company has a 50-day moving average price of $101.33 and a two-hundred day moving average price of $99.30. The stock has a market cap of $894.71 million, a price-to-earnings ratio of 18.32 and a beta of 0.42. Esquire Financial Holdings, Inc. has a 12 month low of $68.90 and a 12 month high of $110.71.

Esquire Financial (NASDAQ:ESQ) last released its quarterly earnings data on Thursday, October 23rd. The company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.01. The company had revenue of $37.57 million for the quarter, compared to analyst estimates of $30.21 million. Esquire Financial had a return on equity of 18.55% and a net margin of 31.26%. Equities research analysts expect that Esquire Financial Holdings, Inc. will post 5.52 EPS for the current fiscal year.

Esquire Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 14th were issued a dividend of $0.175 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.7%. Esquire Financial’s dividend payout ratio (DPR) is presently 12.28%.

Esquire Financial Company 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.