BNP Paribas Arbitrage SA Grows Position in Esquire Financial Holdings Inc (NASDAQ:ESQ)

BNP Paribas Arbitrage SA increased its holdings in shares of Esquire Financial Holdings Inc (NASDAQ:ESQ) by 901.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,272 shares of the company’s stock after acquiring an additional 1,145 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Esquire Financial were worth $29,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in Esquire Financial by 54.8% during the 4th quarter. Bank of America Corp DE now owns 5,905 shares of the company’s stock worth $128,000 after buying an additional 2,090 shares during the period. Granite Investment Partners LLC lifted its position in shares of Esquire Financial by 37.0% in the 4th quarter. Granite Investment Partners LLC now owns 23,058 shares of the company’s stock worth $500,000 after purchasing an additional 6,232 shares during the period. Geode Capital Management LLC lifted its position in shares of Esquire Financial by 14.6% in the 4th quarter. Geode Capital Management LLC now owns 32,037 shares of the company’s stock worth $695,000 after purchasing an additional 4,090 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Esquire Financial by 10.8% in the 4th quarter. Bank of New York Mellon Corp now owns 42,526 shares of the company’s stock valued at $923,000 after acquiring an additional 4,139 shares in the last quarter. Finally, Northern Trust Corp increased its stake in shares of Esquire Financial by 1.2% in the 4th quarter. Northern Trust Corp now owns 56,000 shares of the company’s stock valued at $1,215,000 after acquiring an additional 645 shares in the last quarter. 45.15% of the stock is currently owned by institutional investors and hedge funds.

ESQ stock traded up $0.08 during midday trading on Friday, reaching $24.35. 3,932 shares of the company’s stock traded hands, compared to its average volume of 12,573. The firm has a market capitalization of $183.42 million, a P/E ratio of 17.64 and a beta of 1.08. The firm has a fifty day simple moving average of $23.94. Esquire Financial Holdings Inc has a 52 week low of $17.62 and a 52 week high of $27.15.

Esquire Financial (NASDAQ:ESQ) last posted its quarterly earnings data on Thursday, April 25th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.02. The firm had revenue of $10.01 million for the quarter. Esquire Financial had a net margin of 25.01% and a return on equity of 11.63%.

A number of analysts have commented on the stock. TheStreet upgraded shares of Esquire Financial from a “c” rating to a “b-” rating in a research note on Wednesday, June 26th. ValuEngine upgraded shares of Esquire Financial from a “sell” rating to a “hold” rating in a research note on Monday, April 29th.

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 and small business communities, 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.

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Institutional Ownership by Quarter for Esquire Financial (NASDAQ:ESQ)

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