GSA Capital Partners LLP raised its stake in Enterprise Financial Services Corporation (NASDAQ:EFSC) by 240.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,210 shares of the bank’s stock after buying an additional 24,153 shares during the quarter. GSA Capital Partners LLP owned approximately 0.15% of Enterprise Financial Services Corporation worth $1,396,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Alps Advisors Inc. grew its holdings in Enterprise Financial Services Corporation by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 10,945 shares of the bank’s stock valued at $447,000 after buying an additional 28 shares in the last quarter. Legal & General Group Plc grew its holdings in Enterprise Financial Services Corporation by 4.5% in the 1st quarter. Legal & General Group Plc now owns 5,090 shares of the bank’s stock valued at $215,000 after buying an additional 219 shares in the last quarter. Systematic Financial Management LP grew its holdings in Enterprise Financial Services Corporation by 0.9% in the 2nd quarter. Systematic Financial Management LP now owns 41,535 shares of the bank’s stock valued at $1,695,000 after buying an additional 390 shares in the last quarter. Teachers Advisors LLC grew its holdings in Enterprise Financial Services Corporation by 2.0% in the 4th quarter. Teachers Advisors LLC now owns 33,505 shares of the bank’s stock valued at $1,441,000 after buying an additional 645 shares in the last quarter. Finally, American International Group Inc. grew its holdings in Enterprise Financial Services Corporation by 7.1% in the 1st quarter. American International Group Inc. now owns 11,817 shares of the bank’s stock valued at $501,000 after buying an additional 780 shares in the last quarter. Institutional investors own 72.86% of the company’s stock.

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

Shares of Enterprise Financial Services Corporation (NASDAQ EFSC) opened at 40.65 on Monday. The firm has a 50-day moving average price of $38.59 and a 200 day moving average price of $40.82. The stock has a market capitalization of $953.73 million, a PE ratio of 17.69 and a beta of 0.87. Enterprise Financial Services Corporation has a one year low of $30.69 and a one year high of $46.25.

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

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Thursday, September 14th. Enterprise Financial Services Corporation’s payout ratio is 18.97%.

ILLEGAL ACTIVITY WARNING: “GSA Capital Partners LLP Has $1.40 Million Holdings in Enterprise Financial Services Corporation (EFSC)” was published by Daily Political and is the sole property of of Daily Political. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/09/25/gsa-capital-partners-llp-has-1-40-million-holdings-in-enterprise-financial-services-corporation-efsc.html.

Several analysts have issued reports on the company. Zacks Investment Research cut Enterprise Financial Services Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 3rd. BidaskClub upgraded Enterprise Financial Services Corporation from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Piper Jaffray Companies restated a “buy” rating and issued a $48.00 target price on shares of Enterprise Financial Services Corporation in a report on Friday, July 28th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $45.00 target price on shares of Enterprise Financial Services Corporation in a report on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $43.00.

Enterprise Financial Services Corporation 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.

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

Receive News & Ratings for Enterprise Financial Services Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Financial Services Corporation and related companies with MarketBeat.com's FREE daily email newsletter.