Alexandria Capital LLC purchased a new position in shares of Esquire Financial Holdings (NASDAQ:ESQ) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $244,000. Alexandria Capital LLC owned 0.13% of Esquire Financial at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Grandeur Peak Global Advisors LLC acquired a new position in Esquire Financial during the 4th quarter worth about $2,073,000. Granite Investment Partners LLC acquired a new position in Esquire Financial during the 1st quarter worth about $207,000. TCW Group Inc. lifted its stake in Esquire Financial by 1.9% during the 4th quarter. TCW Group Inc. now owns 145,990 shares of the company’s stock worth $2,889,000 after acquiring an additional 2,790 shares in the last quarter. Basswood Capital Management L.L.C. lifted its stake in Esquire Financial by 3.2% during the 4th quarter. Basswood Capital Management L.L.C. now owns 520,660 shares of the company’s stock worth $10,278,000 after acquiring an additional 15,942 shares in the last quarter. Finally, Wasatch Advisors Inc. lifted its stake in Esquire Financial by 39.1% during the 1st quarter. Wasatch Advisors Inc. now owns 284,196 shares of the company’s stock worth $6,934,000 after acquiring an additional 79,904 shares in the last quarter. Institutional investors and hedge funds own 37.48% of the company’s stock.
Esquire Financial opened at $26.81 on Thursday, according to MarketBeat Ratings. Esquire Financial Holdings has a 12-month low of $14.51 and a 12-month high of $27.00. The stock has a market cap of $195.67 million and a P/E ratio of 33.69.
Esquire Financial (NASDAQ:ESQ) last posted its quarterly earnings results on Wednesday, April 25th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.01. The company had revenue of $8.17 million for the quarter. Esquire Financial had a return on equity of 6.54% and a net margin of 16.73%.
Separately, Sandler O’Neill reissued a “hold” rating and set a $25.00 target price on shares of Esquire Financial in a research note on Monday, March 26th.
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 law professionals, professional service firms, small to mid-sized businesses, and individuals in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit.
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