BidaskClub lowered shares of Enterprise Financial Services (NASDAQ:EFSC) from a hold rating to a sell rating in a research report released on Thursday.

EFSC has been the subject of a number of other reports. Zacks Investment Research upgraded shares of Enterprise Financial Services from a hold rating to a buy rating and set a $65.00 target price for the company in a research note on Friday, July 27th. DA Davidson boosted their target price on shares of Enterprise Financial Services to $60.00 and gave the company an in-line rating in a research note on Wednesday, July 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of $56.38.

Shares of NASDAQ EFSC opened at $53.85 on Thursday. Enterprise Financial Services has a twelve month low of $38.90 and a twelve month high of $58.15. The company has a market capitalization of $1.26 billion, a P/E ratio of 20.87, a PEG ratio of 1.69 and a beta of 0.76. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.13.

Enterprise Financial Services (NASDAQ:EFSC) last announced its quarterly earnings data on Monday, July 23rd. The bank reported $0.86 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.86. Enterprise Financial Services had a net margin of 25.87% and a return on equity of 13.30%. The company had revenue of $56.74 million during the quarter, compared to analyst estimates of $56.20 million. sell-side analysts expect that Enterprise Financial Services will post 3.58 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, September 14th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.89%. This is a positive change from Enterprise Financial Services’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Thursday, September 13th. Enterprise Financial Services’s dividend payout ratio is 17.05%.

In other news, insider Douglas Bauche sold 750 shares of the company’s stock in a transaction on Wednesday, September 5th. The stock was sold at an average price of $56.20, for a total value of $42,150.00. Following the completion of the sale, the insider now directly owns 2,761 shares in the company, valued at approximately $155,168.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Scott Richard Goodman sold 1,200 shares of the company’s stock in a transaction on Monday, July 16th. The stock was sold at an average price of $54.23, for a total value of $65,076.00. Following the completion of the sale, the president now owns 41,713 shares of the company’s stock, valued at $2,262,095.99. The disclosure for this sale can be found here. Corporate insiders own 2.60% of the company’s stock.

Several large investors have recently bought and sold shares of EFSC. Parkside Financial Bank & Trust boosted its holdings in Enterprise Financial Services by 6.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 16,173 shares of the bank’s stock worth $873,000 after buying an additional 1,000 shares during the period. Moneta Group Investment Advisors LLC boosted its holdings in Enterprise Financial Services by 1.4% in the 2nd quarter. Moneta Group Investment Advisors LLC now owns 74,411 shares of the bank’s stock worth $4,014,000 after buying an additional 1,000 shares during the period. John W. Rosenthal Capital Management Inc. boosted its holdings in Enterprise Financial Services by 1.8% in the 2nd quarter. John W. Rosenthal Capital Management Inc. now owns 60,000 shares of the bank’s stock worth $3,237,000 after buying an additional 1,075 shares during the period. Xact Kapitalforvaltning AB boosted its holdings in Enterprise Financial Services by 13.0% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 9,537 shares of the bank’s stock worth $515,000 after buying an additional 1,100 shares during the period. Finally, Sei Investments Co. boosted its holdings in Enterprise Financial Services by 3.2% in the 2nd quarter. Sei Investments Co. now owns 38,921 shares of the bank’s stock worth $2,100,000 after buying an additional 1,214 shares during the period. Hedge funds and other institutional investors own 76.27% of the company’s stock.

Enterprise Financial Services Company Profile

Enterprise Financial Services Corp operates as the holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers. The company offers demand deposits, interest-bearing transaction accounts, money market accounts, and savings deposits, as well as certificates of deposit.

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