Esquire Financial Holdings, Inc. (NASDAQ:ESQ) Shares Bought by American Century Companies Inc.

American Century Companies Inc. lifted its position in shares of Esquire Financial Holdings, Inc. (NASDAQ:ESQ) by 21.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 122,222 shares of the company’s stock after purchasing an additional 21,833 shares during the quarter. American Century Companies Inc.’s holdings in Esquire Financial were worth $5,818,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of ESQ. BNP Paribas Financial Markets grew its holdings in shares of Esquire Financial by 96.7% during the 4th quarter. BNP Paribas Financial Markets now owns 11,609 shares of the company’s stock worth $580,000 after purchasing an additional 5,706 shares during the period. Corient Private Wealth LLC grew its holdings in shares of Esquire Financial by 156.2% during the 4th quarter. Corient Private Wealth LLC now owns 17,052 shares of the company’s stock worth $852,000 after purchasing an additional 10,397 shares during the period. Quadrature Capital Ltd boosted its holdings in Esquire Financial by 45.7% in the 4th quarter. Quadrature Capital Ltd now owns 30,136 shares of the company’s stock worth $1,505,000 after acquiring an additional 9,459 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in Esquire Financial in the 1st quarter worth approximately $42,000. Finally, GSA Capital Partners LLP boosted its holdings in Esquire Financial by 10.6% in the 1st quarter. GSA Capital Partners LLP now owns 11,066 shares of the company’s stock worth $525,000 after acquiring an additional 1,065 shares during the period. Hedge funds and other institutional investors own 54.66% of the company’s stock.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods restated an “outperform” rating and issued a $68.00 price target (up previously from $62.00) on shares of Esquire Financial in a report on Friday, July 26th.

Esquire Financial Stock Down 0.3 %

NASDAQ ESQ opened at $63.09 on Wednesday. The stock has a market cap of $523.21 million, a PE ratio of 13.57 and a beta of 0.70. Esquire Financial Holdings, Inc. has a fifty-two week low of $43.24 and a fifty-two week high of $64.94. The business has a 50 day moving average price of $59.14 and a two-hundred day moving average price of $51.49.

Esquire Financial (NASDAQ:ESQ) last released its earnings results on Thursday, July 25th. The company reported $1.25 EPS for the quarter, beating the consensus estimate of $1.21 by $0.04. The company had revenue of $33.66 million during the quarter, compared to analysts’ expectations of $29.99 million. Esquire Financial had a return on equity of 19.92% and a net margin of 31.36%. Sell-side analysts anticipate that Esquire Financial Holdings, Inc. will post 5.13 EPS for the current fiscal year.

Esquire Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.95%. The ex-dividend date was Thursday, August 15th. Esquire Financial’s dividend payout ratio (DPR) is currently 12.90%.

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.