ESSA Bancorp, Inc. (NASDAQ:ESSA) Stock Position Raised by Barclays PLC

Barclays PLC lifted its stake in shares of ESSA Bancorp, Inc. (NASDAQ:ESSA) by 184.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,723 shares of the financial services provider’s stock after acquiring an additional 8,895 shares during the quarter. Barclays PLC owned 0.14% of ESSA Bancorp worth $264,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. State Street Corp boosted its stake in shares of ESSA Bancorp by 0.5% during the 3rd quarter. State Street Corp now owns 115,996 shares of the financial services provider’s stock worth $2,229,000 after acquiring an additional 554 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of ESSA Bancorp by 51.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 22,539 shares of the financial services provider’s stock worth $433,000 after buying an additional 7,696 shares during the period. Bank of New York Mellon Corp boosted its position in shares of ESSA Bancorp by 3.4% in the second quarter. Bank of New York Mellon Corp now owns 30,115 shares of the financial services provider’s stock worth $530,000 after buying an additional 977 shares during the period. Empowered Funds LLC boosted its position in shares of ESSA Bancorp by 5.3% in the third quarter. Empowered Funds LLC now owns 47,608 shares of the financial services provider’s stock worth $915,000 after buying an additional 2,412 shares during the period. Finally, Northeast Financial Group Inc. boosted its position in shares of ESSA Bancorp by 4.5% in the third quarter. Northeast Financial Group Inc. now owns 16,346 shares of the financial services provider’s stock worth $314,000 after buying an additional 700 shares during the period. 54.15% of the stock is owned by institutional investors.

ESSA Bancorp Stock Performance

Shares of ESSA Bancorp stock opened at $19.60 on Monday. The stock has a market cap of $199.04 million, a PE ratio of 11.01 and a beta of 0.38. The business has a fifty day simple moving average of $19.85 and a 200-day simple moving average of $18.88. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.04. ESSA Bancorp, Inc. has a 12 month low of $15.29 and a 12 month high of $21.50.

ESSA Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were given a $0.15 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.60 annualized dividend and a dividend yield of 3.06%. ESSA Bancorp’s dividend payout ratio (DPR) is presently 33.71%.

ESSA Bancorp Profile

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.