Raymond James Trust N.A. Decreases Position in Elmira Savings Bank (NASDAQ:ESBK)

Raymond James Trust N.A. lessened its holdings in shares of Elmira Savings Bank (NASDAQ:ESBK) by 14.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,174 shares of the real estate investment trust’s stock after selling 2,500 shares during the quarter. Raymond James Trust N.A. owned about 0.57% of Elmira Savings Bank worth $310,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. John G Ullman & Associates Inc. raised its holdings in shares of Elmira Savings Bank by 62.3% during the 3rd quarter. John G Ullman & Associates Inc. now owns 130,836 shares of the real estate investment trust’s stock valued at $2,630,000 after buying an additional 50,204 shares in the last quarter. Stilwell Value LLC purchased a new position in shares of Elmira Savings Bank during the 2nd quarter valued at about $483,000. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of Elmira Savings Bank by 27.1% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 21,985 shares of the real estate investment trust’s stock valued at $442,000 after buying an additional 4,690 shares in the last quarter. Hedge funds and other institutional investors own 17.87% of the company’s stock.

Shares of Elmira Savings Bank (NASDAQ ESBK) traded down $0.15 during midday trading on Friday, hitting $20.35. The company had a trading volume of 10,700 shares, compared to its average volume of 5,554. The stock has a market cap of $54.20, a PE ratio of 15.90 and a beta of 0.26. Elmira Savings Bank has a 52 week low of $18.90 and a 52 week high of $21.75.

Elmira Savings Bank (NASDAQ:ESBK) last announced its quarterly earnings data on Wednesday, January 24th. The real estate investment trust reported $0.03 earnings per share for the quarter. The firm had revenue of $5.34 million for the quarter.

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Elmira Savings Bank Company Profile

Elmira Savings Bank (the Bank) is a New York State chartered savings bank. The Bank conducts its business through full-service offices located in Chemung, Tompkins, Cayuga, Schuyler, and Steuben Counties, New York; a service office located in Tompkins County, New York, and limited service offices located in Broome County and Cortland County, New York.

Institutional Ownership by Quarter for Elmira Savings Bank (NASDAQ:ESBK)

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