Rosenthal Henry Capital Advisors Inc. Acquires 800 Shares of Esquire Financial Holdings, Inc. (NASDAQ:ESQ)

Rosenthal Henry Capital Advisors Inc. grew its holdings in shares of Esquire Financial Holdings, Inc. (NASDAQ:ESQ) by 2.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,800 shares of the company’s stock after buying an additional 800 shares during the period. Esquire Financial accounts for approximately 2.7% of Rosenthal Henry Capital Advisors Inc.’s holdings, making the stock its 14th biggest position. Rosenthal Henry Capital Advisors Inc. owned 0.49% of Esquire Financial worth $2,661,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Esquire Financial by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 368,375 shares of the company’s stock worth $17,487,000 after purchasing an additional 966 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Esquire Financial by 9.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 202,847 shares of the company’s stock worth $9,655,000 after purchasing an additional 17,333 shares in the last quarter. American Century Companies Inc. boosted its stake in Esquire Financial by 21.7% in the 2nd quarter. American Century Companies Inc. now owns 122,222 shares of the company’s stock worth $5,818,000 after purchasing an additional 21,833 shares in the last quarter. Grandeur Peak Global Advisors LLC boosted its stake in Esquire Financial by 50.0% in the 1st quarter. Grandeur Peak Global Advisors LLC now owns 85,695 shares of the company’s stock worth $4,068,000 after purchasing an additional 28,569 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in Esquire Financial by 4.4% during the 1st quarter. Russell Investments Group Ltd. now owns 60,745 shares of the company’s stock valued at $2,884,000 after acquiring an additional 2,581 shares during the period. Institutional investors own 54.66% of the company’s stock.

Esquire Financial Trading Down 0.1 %

Esquire Financial stock traded down $0.09 during midday trading on Friday, hitting $66.49. The stock had a trading volume of 15,852 shares, compared to its average volume of 33,620. The firm’s fifty day moving average is $62.93 and its two-hundred day moving average is $54.76. The company has a market capitalization of $552.80 million, a PE ratio of 13.38 and a beta of 0.70. Esquire Financial Holdings, Inc. has a 52-week low of $44.45 and a 52-week high of $69.00.

Esquire Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.60 annualized dividend and a yield of 0.90%. Esquire Financial’s payout ratio is 12.07%.

Analyst Ratings Changes

Several equities analysts have issued reports on ESQ shares. Piper Sandler restated an “overweight” rating and set a $75.00 target price (up previously from $72.00) on shares of Esquire Financial in a research note on Friday, October 25th. Keefe, Bruyette & Woods cut shares of Esquire Financial from an “outperform” rating to a “market perform” rating and upped their target price for the company from $68.00 to $72.00 in a research note on Wednesday, October 2nd.

Esquire Financial Profile

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.