Esquire Financial Holdings, Inc. (NASDAQ:ESQ) Shares Acquired by Barclays PLC

Barclays PLC lifted its stake in shares of Esquire Financial Holdings, Inc. (NASDAQ:ESQ - Free Report) by 322.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 10,308 shares of the company's stock after acquiring an additional 7,869 shares during the period. Barclays PLC owned approximately 0.12% of Esquire Financial worth $672,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ESQ. Farther Finance Advisors LLC lifted its holdings in shares of Esquire Financial by 36.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 798 shares of the company's stock worth $52,000 after acquiring an additional 214 shares during the last quarter. Quantbot Technologies LP bought a new stake in Esquire Financial in the third quarter worth $54,000. Meeder Asset Management Inc. purchased a new stake in Esquire Financial during the second quarter valued at about $59,000. Copeland Capital Management LLC bought a new position in shares of Esquire Financial during the third quarter valued at about $64,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of Esquire Financial in the second quarter worth about $91,000. 54.66% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Piper Sandler reaffirmed an "overweight" rating and issued a $75.00 target price (up from $72.00) on shares of Esquire Financial in a research note on Friday, October 25th. Keefe, Bruyette & Woods upped their price target on Esquire Financial from $72.00 to $80.00 and gave the stock a "market perform" rating in a research note on Wednesday, December 4th.

Insider Buying and Selling

In other Esquire Financial news, Director Joseph Melohn sold 3,000 shares of Esquire Financial stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $79.15, for a total transaction of $237,450.00. Following the completion of the transaction, the director now owns 3,683 shares in the company, valued at approximately $291,509.45. This trade represents a 44.89 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Rena Nigam purchased 640 shares of Esquire Financial stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average price of $77.50 per share, with a total value of $49,600.00. Following the completion of the transaction, the director now owns 1,867 shares of the company's stock, valued at $144,692.50. This represents a 52.16 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 18.90% of the company's stock.

Esquire Financial Stock Down 1.8 %

ESQ traded down $1.40 on Thursday, reaching $78.10. 50,395 shares of the company traded hands, compared to its average volume of 35,413. The company has a market cap of $649.87 million, a P/E ratio of 15.71 and a beta of 0.74. The firm has a fifty day simple moving average of $75.05 and a two-hundred day simple moving average of $63.57. Esquire Financial Holdings, Inc. has a one year low of $44.45 and a one year high of $81.68.

Esquire Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.60 annualized dividend and a yield of 0.77%. Esquire Financial's payout ratio is presently 12.07%.

Esquire Financial Company 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.