ESSA Bancorp, Inc. (NASDAQ:ESSA) Stock Holdings Decreased by Beese Fulmer Investment Management Inc.

Beese Fulmer Investment Management Inc. lowered its stake in ESSA Bancorp, Inc. (NASDAQ:ESSA) by 17.8% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 17,597 shares of the financial services provider’s stock after selling 3,800 shares during the period. Beese Fulmer Investment Management Inc. owned 0.15% of ESSA Bancorp worth $268,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC increased its position in shares of ESSA Bancorp by 17.8% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 5,274 shares of the financial services provider’s stock worth $81,000 after purchasing an additional 797 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of ESSA Bancorp by 2.7% in the 4th quarter. Bank of New York Mellon Corp now owns 64,274 shares of the financial services provider’s stock worth $1,004,000 after purchasing an additional 1,697 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in shares of ESSA Bancorp by 536.3% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,017 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 1,700 shares during the last quarter. Bank of America Corp DE increased its position in shares of ESSA Bancorp by 30.7% in the 4th quarter. Bank of America Corp DE now owns 10,897 shares of the financial services provider’s stock worth $170,000 after purchasing an additional 2,561 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of ESSA Bancorp by 3.8% in the 4th quarter. Northern Trust Corp now owns 130,324 shares of the financial services provider’s stock worth $2,034,000 after purchasing an additional 4,808 shares during the last quarter. 42.99% of the stock is owned by institutional investors.

Shares of NASDAQ ESSA traded down $0.14 during midday trading on Tuesday, hitting $15.10. The company’s stock had a trading volume of 4,735 shares, compared to its average volume of 12,642. ESSA Bancorp, Inc. has a 1-year low of $14.87 and a 1-year high of $16.80. The business has a fifty day simple moving average of $15.31. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.92 and a current ratio of 0.92. The firm has a market cap of $171.95 million, a price-to-earnings ratio of 14.24 and a beta of 0.19.

ESSA Bancorp (NASDAQ:ESSA) last posted its quarterly earnings results on Thursday, April 25th. The financial services provider reported $0.26 EPS for the quarter. ESSA Bancorp had a net margin of 15.62% and a return on equity of 6.48%. The business had revenue of $13.80 million during the quarter.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Sunday, June 16th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.65%. The ex-dividend date was Thursday, June 13th.

About ESSA Bancorp

ESSA Bancorp, Inc operates as the 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.

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Institutional Ownership by Quarter for ESSA Bancorp (NASDAQ:ESSA)

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