ESSA Bancorp, Inc. (NASDAQ:ESSA - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.03 and traded as high as $19.95. ESSA Bancorp shares last traded at $19.87, with a volume of 11,374 shares traded.
ESSA Bancorp Price Performance
The firm has a 50 day moving average price of $18.92 and a 200 day moving average price of $18.03. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $201.28 million, a PE ratio of 11.16 and a beta of 0.37.
ESSA Bancorp Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date was Monday, September 16th. ESSA Bancorp's payout ratio is 33.71%.
Institutional Investors Weigh In On ESSA Bancorp
A number of large investors have recently bought and sold shares of ESSA. BNP Paribas Financial Markets increased its position in shares of ESSA Bancorp by 27.1% during the first quarter. BNP Paribas Financial Markets now owns 4,502 shares of the financial services provider's stock worth $82,000 after purchasing an additional 961 shares in the last quarter. Signature Estate & Investment Advisors LLC purchased a new stake in ESSA Bancorp in the 2nd quarter valued at about $300,000. Northeast Financial Group Inc. increased its position in shares of ESSA Bancorp by 4.5% during the third quarter. Northeast Financial Group Inc. now owns 16,346 shares of the financial services provider's stock valued at $314,000 after acquiring an additional 700 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of ESSA Bancorp by 51.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 22,539 shares of the financial services provider's stock valued at $433,000 after buying an additional 7,696 shares in the last quarter. Finally, Panagora Asset Management Inc. boosted its holdings in ESSA Bancorp by 4.8% during the 2nd quarter. Panagora Asset Management Inc. now owns 29,444 shares of the financial services provider's stock valued at $518,000 after acquiring an additional 1,343 shares during the period. Hedge funds and other institutional investors own 54.15% of the company's stock.
About ESSA Bancorp
(
Get Free Report)
ESSA Bancorp, Inc operates as a bank holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and IRAs, and other qualified plan accounts, as well as commercial checking accounts.
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