1 week Ago By Defense World Staff
Geode Capital Management LLC increased its holdings in ESSA Bancorp, Inc. (NASDAQ:ESSA – Free Report) by 0.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
The fund owned 186,717 shares of the financial services provider’s stock after buying an additional 623 shares during the quarter. Geode Capital Management LLC owned 1.84% of ESSA Bancorp worth $3,641,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in ESSA. State Street Corp lifted its holdings in ESSA Bancorp by 0.5% during the third quarter.
State Street Corp now owns 115,996 shares of the financial services provider’s stock valued at $2,229,000 after purchasing an additional 554 shares in the last quarter. Barclays PLC lifted its holdings in ESSA Bancorp by 184.2% during the third quarter.
Barclays PLC now owns 13,723 shares of the financial services provider’s stock valued at $264,000 after purchasing an additional 8,895 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in ESSA Bancorp by 126.
5% during the third quarter. JPMorgan Chase & Co. now owns 14,567 shares of the financial services provider’s stock valued at $280,000 after purchasing an additional 8,136 shares in the last quarter.
Empowered Funds LLC lifted its holdings in ESSA Bancorp by 1.9% during the fourth quarter. Empowered Funds LLC now owns 48,508 shares of the financial services provider’s stock valued at $946,000 after purchasing an additional 900 shares in the last quarter.
Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in ESSA Bancorp by 15.8% during the fourth quarter.
Connor Clark & Lunn Investment Management Ltd. now owns 26,107 shares of the financial services provider’s stock valued at $509,000 after purchasing an additional 3,568 shares in the last quarter. Hedge funds and other institutional investors own 54.
15% of the company’s stock. ESSA Bancorp Price PerformanceShares of NASDAQ:ESSA opened at $18.34 on Monday.
ESSA Bancorp, Inc. has a 1-year low of $15.82 and a 1-year high of $22.
22. The firm’s 50 day simple moving average is $19.00 and its two-hundred day simple moving average is $19.
69. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.
94 and a quick ratio of 0.94. The company has a market capitalization of $186.
24 million, a P/E ratio of 10.54 and a beta of 0.32.
ESSA Bancorp (NASDAQ:ESSA – Get Free Report) last released its earnings results on Wednesday, April 23rd. The financial services provider reported $0.40 EPS for the quarter, missing the consensus estimate of $0.
43 by ($0.03). ESSA Bancorp had a return on equity of 7.
27% and a net margin of 14.83%. The company had revenue of $16.
23 million during the quarter, compared to analysts’ expectations of $17.19 million. ESSA Bancorp Announces DividendThe business also recently announced a quarterly dividend, which was paid on Monday, March 31st.
Stockholders of record on Monday, March 17th were issued a $0.15 dividend. This represents a $0.
60 annualized dividend and a dividend yield of 3.27%. The ex-dividend date of this dividend was Monday, March 17th.
ESSA Bancorp’s dividend payout ratio (DPR) is presently 38.71%. Wall Street Analyst Weigh InSeparately, StockNews.
com started coverage on shares of ESSA Bancorp in a report on Sunday. They set a “hold” rating on the stock.Check Out Our Latest Analysis on ESSA BancorpESSA Bancorp Company Profile (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.Further ReadingFive stocks we like better than ESSA BancorpWhat is Forex and How Does it Work? Texas Instruments: Earnings Beat, Upbeat Guidance Fuel RecoveryWhat is the Nasdaq? Complete Overview with HistoryO’Reilly Automotive: An Anytime Buy for Buy-and-Hold Investors3 Home Improvement Stocks that Can Upgrade Your PortfolioChipotle Mexican Grill Serves Smoking Hot Entry Point in Q2Want to see what other hedge funds are holding ESSA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ESSA Bancorp, Inc.
(NASDAQ:ESSA – Free Report)..
