TCW Group Inc. lowered its stake in shares of Esquire Financial Holdings Inc (NASDAQ:ESQ) by 7.6% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 138,738 shares of the company’s stock after selling 11,388 shares during the period. TCW Group Inc.’s holdings in Esquire Financial were worth $3,158,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc raised its position in shares of Esquire Financial by 2.5% during the 3rd quarter. Vanguard Group Inc now owns 185,162 shares of the company’s stock valued at $4,622,000 after buying an additional 4,561 shares in the last quarter. Wasatch Advisors Inc. raised its position in shares of Esquire Financial by 30.9% during the 1st quarter. Wasatch Advisors Inc. now owns 447,229 shares of the company’s stock valued at $10,179,000 after buying an additional 105,542 shares in the last quarter. RMB Capital Management LLC raised its position in shares of Esquire Financial by 5.5% during the 4th quarter. RMB Capital Management LLC now owns 633,319 shares of the company’s stock valued at $13,743,000 after buying an additional 33,098 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Esquire Financial by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 185,162 shares of the company’s stock valued at $4,622,000 after buying an additional 4,561 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Esquire Financial by 32.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 38,387 shares of the company’s stock valued at $958,000 after buying an additional 9,373 shares in the last quarter. Hedge funds and other institutional investors own 45.15% of the company’s stock.

Separately, ValuEngine upgraded shares of Esquire Financial from a “sell” rating to a “hold” rating in a research report on Monday, April 29th.

Shares of Esquire Financial stock remained flat at $$24.90 on Wednesday. 70 shares of the stock traded hands, compared to its average volume of 10,415. The stock has a market cap of $185.42 million, a PE ratio of 17.84 and a beta of 1.05. Esquire Financial Holdings Inc has a 12-month low of $17.62 and a 12-month high of $29.45.

Esquire Financial (NASDAQ:ESQ) last posted its quarterly earnings data on Thursday, April 25th. The company reported $0.39 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.02. The firm had revenue of $10.01 million for the quarter. Esquire Financial had a net margin of 25.01% and a return on equity of 11.63%.

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Esquire Financial Profile

Esquire Financial Holdings, Inc operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal and small business communities, and commercial and retail customers in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit.

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Institutional Ownership by Quarter for Esquire Financial (NASDAQ:ESQ)

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