Citadel Advisors LLC boosted its holdings in shares of Enterprise Financial Services Corporation (NASDAQ:EFSC) by 337.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,923 shares of the bank’s stock after buying an additional 30,031 shares during the quarter. Citadel Advisors LLC owned approximately 0.17% of Enterprise Financial Services worth $1,648,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Alps Advisors Inc. boosted its position in shares of Enterprise Financial Services by 0.3% in the second quarter. Alps Advisors Inc. now owns 10,945 shares of the bank’s stock worth $447,000 after purchasing an additional 28 shares during the period. Legal & General Group Plc boosted its position in shares of Enterprise Financial Services by 4.5% in the first quarter. Legal & General Group Plc now owns 5,090 shares of the bank’s stock worth $215,000 after purchasing an additional 219 shares during the period. Systematic Financial Management LP boosted its position in shares of Enterprise Financial Services by 0.9% in the second quarter. Systematic Financial Management LP now owns 41,535 shares of the bank’s stock worth $1,695,000 after purchasing an additional 390 shares during the period. Stifel Financial Corp boosted its position in shares of Enterprise Financial Services by 6.9% in the second quarter. Stifel Financial Corp now owns 8,562 shares of the bank’s stock worth $350,000 after purchasing an additional 549 shares during the period. Finally, Voya Investment Management LLC boosted its position in shares of Enterprise Financial Services by 9.1% in the second quarter. Voya Investment Management LLC now owns 12,217 shares of the bank’s stock worth $498,000 after purchasing an additional 1,018 shares during the period. Institutional investors own 74.46% of the company’s stock.

A number of equities analysts have weighed in on the stock. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $46.00 price target on shares of Enterprise Financial Services in a research report on Tuesday, October 3rd. Zacks Investment Research upgraded shares of Enterprise Financial Services from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Piper Jaffray Companies reiterated an “overweight” rating and issued a $49.00 price target on shares of Enterprise Financial Services in a research report on Friday, October 6th. Finally, ValuEngine lowered shares of Enterprise Financial Services from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $48.33.

Enterprise Financial Services Corporation (NASDAQ EFSC) opened at $44.50 on Wednesday. Enterprise Financial Services Corporation has a 1-year low of $36.65 and a 1-year high of $46.25. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market cap of $1,044.84, a price-to-earnings ratio of 18.05, a PEG ratio of 2.00 and a beta of 0.88.

Enterprise Financial Services (NASDAQ:EFSC) last released its earnings results on Monday, October 23rd. The bank reported $0.69 EPS for the quarter, topping the consensus estimate of $0.68 by $0.01. Enterprise Financial Services had a net margin of 24.73% and a return on equity of 11.15%. The firm had revenue of $54.00 million for the quarter, compared to the consensus estimate of $54.11 million. research analysts expect that Enterprise Financial Services Corporation will post 2.52 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Thursday, December 14th. Enterprise Financial Services’s dividend payout ratio (DPR) is presently 18.18%.

In related news, insider Douglas Bauche sold 960 shares of the company’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $44.10, for a total transaction of $42,336.00. Following the sale, the insider now owns 679 shares of the company’s stock, valued at $29,943.90. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, President Scott Richard Goodman sold 3,700 shares of the company’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $45.85, for a total transaction of $169,645.00. Following the sale, the president now directly owns 38,269 shares in the company, valued at approximately $1,754,633.65. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by insiders.

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About Enterprise Financial Services

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 (NASDAQ:EFSC)

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