Enterprise Financial Services Corp (NASDAQ:EFSC) has been assigned an average recommendation of “Hold” from the six analysts that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $56.38.

Several equities research analysts recently commented on EFSC shares. BidaskClub cut shares of Enterprise Financial Services from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 13th. DA Davidson boosted their price objective on shares of Enterprise Financial Services to $60.00 and gave the company an “in-line” rating in a research report on Wednesday, July 25th. Zacks Investment Research raised shares of Enterprise Financial Services from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a research report on Friday, July 27th. Finally, ValuEngine cut shares of Enterprise Financial Services from a “buy” rating to a “hold” rating in a research report on Thursday, September 13th.

EFSC traded up $0.10 during trading on Thursday, hitting $53.15. The company had a trading volume of 3,337 shares, compared to its average volume of 57,262. The stock has a market capitalization of $1.25 billion, a P/E ratio of 20.68, a P/E/G ratio of 1.67 and a beta of 0.77. Enterprise Financial Services has a one year low of $39.25 and a one year high of $58.15. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.13.

Enterprise Financial Services (NASDAQ:EFSC) last posted its quarterly earnings data on Monday, July 23rd. The bank reported $0.86 EPS for the quarter, meeting the consensus estimate of $0.86. The business had revenue of $56.74 million for the quarter, compared to analysts’ expectations of $56.20 million. Enterprise Financial Services had a net margin of 25.87% and a return on equity of 13.30%. equities research analysts predict that Enterprise Financial Services will post 3.58 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 14th will be paid a $0.12 dividend. This is a positive change from Enterprise Financial Services’s previous quarterly dividend of $0.11. This represents a $0.48 annualized dividend and a yield of 0.90%. The ex-dividend date is Thursday, September 13th. Enterprise Financial Services’s payout ratio is presently 18.60%.

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

Hedge funds have recently modified their holdings of the business. Northern Trust Corp increased its stake in shares of Enterprise Financial Services by 3.7% during the 2nd quarter. Northern Trust Corp now owns 425,861 shares of the bank’s stock worth $22,974,000 after purchasing an additional 15,273 shares during the last quarter. BDO Wealth Advisors LLC acquired a new position in shares of Enterprise Financial Services during the 2nd quarter worth about $256,000. Moneta Group Investment Advisors LLC increased its stake in shares of Enterprise Financial Services by 1.4% during the 2nd quarter. Moneta Group Investment Advisors LLC now owns 74,411 shares of the bank’s stock worth $4,014,000 after purchasing an additional 1,000 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Enterprise Financial Services by 496.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,666 shares of the bank’s stock worth $198,000 after purchasing an additional 3,051 shares during the last quarter. Finally, Earnest Partners LLC increased its stake in shares of Enterprise Financial Services by 0.4% during the 2nd quarter. Earnest Partners LLC now owns 774,700 shares of the bank’s stock worth $41,795,000 after purchasing an additional 3,178 shares during the last quarter. 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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