Systematic Financial Management LP increased its position in shares of Enterprise Financial Services Corporation (NASDAQ:EFSC) by 0.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,535 shares of the bank’s stock after buying an additional 390 shares during the period. Systematic Financial Management LP owned about 0.18% of Enterprise Financial Services Corporation worth $1,695,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. US Bancorp DE purchased a new position in Enterprise Financial Services Corporation in the first quarter valued at about $171,000. Legal & General Group Plc grew its stake in Enterprise Financial Services Corporation by 4.5% in the first quarter. Legal & General Group Plc now owns 5,090 shares of the bank’s stock valued at $215,000 after purchasing an additional 219 shares during the last quarter. Brookstone Capital Management purchased a new position in Enterprise Financial Services Corporation in the second quarter valued at about $228,000. Stevens Capital Management LP purchased a new position in Enterprise Financial Services Corporation in the first quarter valued at about $332,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Enterprise Financial Services Corporation in the first quarter valued at about $335,000. Hedge funds and other institutional investors own 72.88% of the company’s stock.

Shares of Enterprise Financial Services Corporation (NASDAQ:EFSC) opened at 39.15 on Friday. The stock has a market cap of $918.54 million, a price-to-earnings ratio of 17.04 and a beta of 0.87. The stock’s 50 day moving average price is $38.57 and its 200-day moving average price is $40.93. Enterprise Financial Services Corporation has a 52 week low of $30.59 and a 52 week high of $46.25.

Enterprise Financial Services Corporation (NASDAQ:EFSC) last released its quarterly earnings data on Monday, July 24th. The bank reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.06). Enterprise Financial Services Corporation had a net margin of 24.54% and a return on equity of 11.18%. The business had revenue of $53.57 million during the quarter, compared to analysts’ expectations of $51.91 million. Equities analysts anticipate that Enterprise Financial Services Corporation will post $2.52 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.12%. Enterprise Financial Services Corporation’s payout ratio is currently 18.97%.

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In related news, insider Douglas Bauche sold 1,200 shares of the firm’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $38.11, for a total transaction of $45,732.00. Following the transaction, the insider now owns 1,639 shares in the company, valued at approximately $62,462.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Holmes purchased 2,556 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The shares were purchased at an average price of $38.74 per share, for a total transaction of $99,019.44. Following the purchase, the director now directly owns 2,716 shares in the company, valued at $105,217.84. The disclosure for this purchase can be found here. Corporate insiders own 5.60% of the company’s stock.

Several equities analysts have issued reports on EFSC shares. Zacks Investment Research lowered Enterprise Financial Services Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, June 7th. BidaskClub lowered Enterprise Financial Services Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. Keefe, Bruyette & Woods restated a “hold” rating and set a $45.00 price target on shares of Enterprise Financial Services Corporation in a research note on Friday, June 2nd. Finally, Piper Jaffray Companies restated a “buy” rating and set a $50.00 price target on shares of Enterprise Financial Services Corporation in a research note on Friday, July 14th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $43.00.

Enterprise Financial Services Corporation Company Profile

Enterprise Financial Services Corp is a financial holding company for a full service banking subsidiary, Enterprise Bank & Trust (the Bank). The Bank offers banking and wealth management services to individuals and business customers primarily located in the St. Louis, Kansas City and Phoenix metropolitan markets.

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Institutional Ownership by Quarter for Enterprise Financial Services Corporation (NASDAQ:EFSC)

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