Barclays PLC Buys 8,895 Shares of ESSA Bancorp, Inc. (NASDAQ:ESSA)

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

Several other institutional investors also recently bought and sold shares of the stock. State Street Corp raised its holdings in ESSA Bancorp by 0.5% during the third quarter. State Street Corp now owns 115,996 shares of the financial services provider’s stock valued at $2,229,000 after buying an additional 554 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake 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 purchasing an additional 7,696 shares during the period. Northeast Financial Group Inc. increased its stake 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 purchasing an additional 700 shares during the period. Empowered Funds LLC increased its stake 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 purchasing an additional 2,412 shares during the period. Finally, Bank of New York Mellon Corp increased its stake 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 purchasing an additional 977 shares during the period. 54.15% of the stock is currently owned by institutional investors.

ESSA Bancorp Trading Up 2.4 %

Shares of ESSA opened at $19.60 on Monday. ESSA Bancorp, Inc. has a 12-month low of $15.29 and a 12-month high of $21.50. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $199.04 million, a price-to-earnings ratio of 11.01 and a beta of 0.38. The stock’s 50-day moving average price is $19.85 and its 200 day moving average price is $18.88.

ESSA Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were paid a dividend of $0.15 per share. The ex-dividend date was Monday, December 16th. This represents a $0.60 annualized dividend and a yield of 3.06%. ESSA Bancorp’s dividend payout ratio is 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.