Enterprise Financial Services (NASDAQ:EFSC) was upgraded by investment analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a report issued on Wednesday.

EFSC has been the subject of a number of other research reports. Piper Jaffray Companies reissued a “buy” rating and issued a $54.50 price objective on shares of Enterprise Financial Services in a research report on Tuesday, January 9th. Zacks Investment Research raised Enterprise Financial Services from a “hold” rating to a “strong-buy” rating and set a $52.00 price objective for the company in a research report on Monday, January 1st. Finally, ValuEngine cut Enterprise Financial Services from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $50.83.

Enterprise Financial Services (NASDAQ:EFSC) opened at $46.45 on Wednesday. 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 stock has a market capitalization of $1,099.04, a price-to-earnings ratio of 18.24, a PEG ratio of 1.49 and a beta of 0.92. Enterprise Financial Services has a fifty-two week low of $36.65 and a fifty-two week high of $49.67.

Enterprise Financial Services (NASDAQ:EFSC) last posted its quarterly earnings data on Monday, January 22nd. The bank reported $0.77 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.76 by $0.01. The firm had revenue of $58.52 million during the quarter, compared to analysts’ expectations of $56.93 million. Enterprise Financial Services had a return on equity of 11.15% and a net margin of 20.34%. sell-side analysts anticipate that Enterprise Financial Services will post 3.54 earnings per share for the current fiscal year.

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

A number of institutional investors and hedge funds have recently modified their holdings of the business. Legal & General Group Plc lifted its position in Enterprise Financial Services by 6.9% during the 2nd quarter. Legal & General Group Plc now owns 5,439 shares of the bank’s stock worth $222,000 after acquiring an additional 349 shares during the period. Stifel Financial Corp lifted its position in Enterprise Financial Services by 6.9% during the 2nd quarter. Stifel Financial Corp now owns 8,562 shares of the bank’s stock worth $350,000 after acquiring an additional 549 shares during the period. Voya Investment Management LLC lifted its position in Enterprise Financial Services by 9.1% during the 2nd quarter. Voya Investment Management LLC now owns 12,217 shares of the bank’s stock worth $498,000 after acquiring an additional 1,018 shares during the period. California Public Employees Retirement System lifted its position in Enterprise Financial Services by 1.6% during the 2nd quarter. California Public Employees Retirement System now owns 69,500 shares of the bank’s stock worth $2,836,000 after acquiring an additional 1,100 shares during the period. Finally, Cortina Asset Management LLC lifted its position in Enterprise Financial Services by 0.9% during the 3rd quarter. Cortina Asset Management LLC now owns 174,138 shares of the bank’s stock worth $7,375,000 after acquiring an additional 1,529 shares during the period. 73.21% of the stock is owned by institutional investors.

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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.

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