ESSA Bancorp, Inc. (NASDAQ:ESSA) Director Joseph S. Durkin bought 1,200 shares of the firm’s stock in a transaction on Friday, October 27th. The shares were purchased at an average price of $16.20 per share, for a total transaction of $19,440.00. Following the completion of the transaction, the director now owns 8 shares of the company’s stock, valued at approximately $129.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

ESSA Bancorp, Inc. (NASDAQ:ESSA) traded up 1.83% during mid-day trading on Friday, reaching $16.10. The company’s stock had a trading volume of 14,934 shares. The firm has a market capitalization of $171.92 million, a P/E ratio of 25.16 and a beta of 0.27. ESSA Bancorp, Inc. has a 52 week low of $12.93 and a 52 week high of $16.91. The firm’s 50 day moving average price is $15.43 and its 200 day moving average price is $15.00.

ESSA Bancorp (NASDAQ:ESSA) last issued its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $0.19 earnings per share (EPS) for the quarter. ESSA Bancorp had a return on equity of 4.15% and a net margin of 11.03%. The company had revenue of $13.86 million for the quarter. On average, analysts anticipate that ESSA Bancorp, Inc. will post $0.70 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Saturday, September 30th. Stockholders of record on Saturday, September 16th were given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 2.24%. The ex-dividend date was Thursday, September 14th. ESSA Bancorp’s dividend payout ratio (DPR) is presently 52.94%.

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Hedge funds have recently modified their holdings of the company. Sei Investments Co. grew its holdings in shares of ESSA Bancorp by 20.8% in the 2nd quarter. Sei Investments Co. now owns 13,984 shares of the financial services provider’s stock worth $206,000 after acquiring an additional 2,409 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of ESSA Bancorp by 2.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 57,289 shares of the financial services provider’s stock worth $844,000 after acquiring an additional 1,275 shares during the last quarter. Kennedy Capital Management Inc. grew its holdings in shares of ESSA Bancorp by 3.2% in the 2nd quarter. Kennedy Capital Management Inc. now owns 247,077 shares of the financial services provider’s stock worth $3,637,000 after acquiring an additional 7,630 shares during the last quarter. Teachers Advisors LLC grew its holdings in shares of ESSA Bancorp by 9.3% in the 2nd quarter. Teachers Advisors LLC now owns 16,019 shares of the financial services provider’s stock worth $236,000 after acquiring an additional 1,360 shares during the last quarter. Finally, TIAA CREF Investment Management LLC grew its holdings in shares of ESSA Bancorp by 4.3% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 22,104 shares of the financial services provider’s stock worth $325,000 after acquiring an additional 905 shares during the last quarter. Institutional investors own 42.87% of the company’s stock.

About ESSA Bancorp

ESSA Bancorp, Inc is a holding company for ESSA Bank & Trust (the Bank). The Bank is a community-oriented savings bank. The Bank provides financial services to individuals, families and businesses through its banking offices, located in Monroe, Northampton, Lehigh, Lackawanna, Luzerne, Chester, Delaware and Montgomery Counties, Pennsylvania.

Insider Buying and Selling by Quarter for ESSA Bancorp (NASDAQ:ESSA)

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