ESSA Bancorp, Inc. (NASDAQ:ESSA) insider Diane K. Reimer sold 10,700 shares of the firm’s stock in a transaction on Wednesday, June 13th. The stock was sold at an average price of $15.55, for a total value of $166,385.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

ESSA Bancorp traded down $0.12, hitting $15.77, during trading on Thursday, according to Marketbeat.com. 300 shares of the stock were exchanged, compared to its average volume of 14,090. The company has a market capitalization of $186.03 million, a P/E ratio of 45.17 and a beta of 0.38. ESSA Bancorp, Inc. has a 1 year low of $14.16 and a 1 year high of $16.80. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.79.

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, June 30th. Shareholders of record on Saturday, June 16th will be issued a dividend of $0.09 per share. The ex-dividend date is Thursday, June 14th. This represents a $0.36 annualized dividend and a yield of 2.28%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Maltese Capital Management LLC increased its holdings in ESSA Bancorp by 18.7% during the 1st quarter. Maltese Capital Management LLC now owns 603,090 shares of the financial services provider’s stock worth $8,847,000 after purchasing an additional 94,800 shares during the period. Gendell Jeffrey L increased its holdings in ESSA Bancorp by 5.1% during the 1st quarter. Gendell Jeffrey L now owns 289,612 shares of the financial services provider’s stock worth $4,248,000 after purchasing an additional 14,165 shares during the period. Deutsche Bank AG increased its holdings in shares of ESSA Bancorp by 13.3% in the 4th quarter. Deutsche Bank AG now owns 35,463 shares of the financial services provider’s stock valued at $553,000 after acquiring an additional 4,161 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of ESSA Bancorp by 12.9% in the 4th quarter. Bank of New York Mellon Corp now owns 62,888 shares of the financial services provider’s stock valued at $986,000 after acquiring an additional 7,206 shares during the period. Finally, Wells Fargo & Company MN increased its holdings in shares of ESSA Bancorp by 53.2% in the 4th quarter. Wells Fargo & Company MN now owns 14,132 shares of the financial services provider’s stock valued at $222,000 after acquiring an additional 4,908 shares during the period. Institutional investors own 40.81% of the company’s stock.

Separately, TheStreet upgraded ESSA Bancorp from a “c+” rating to a “b-” rating in a report on Friday, June 1st.

ESSA Bancorp Company Profile

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. Its deposit products include 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 for businesses.

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

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