Enterprise Financial Services Corp. (NASDAQ:EFSC) had its price target lifted by stock analysts at DA Davidson from $33.00 to $34.00 in a note issued to investors on Wednesday. The brokerage presently has a “neutral” rating on the stock. DA Davidson’s target price indicates a potential upside of 5.17% from the stock’s current price.

EFSC has been the topic of a number of other reports. Zacks Investment Research upgraded shares of Enterprise Financial Services Corp. from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a research note on Monday, August 1st. Piper Jaffray Cos. began coverage on shares of Enterprise Financial Services Corp. in a research note on Monday, July 11th. They issued an “overweight” rating and a $31.25 target price on the stock. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Enterprise Financial Services Corp. from $30.00 to $31.00 and gave the company a “market perform” rating in a research note on Friday, July 29th. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Enterprise Financial Services Corp. currently has a consensus rating of “Hold” and a consensus price target of $32.06.

Shares of Enterprise Financial Services Corp. (NASDAQ:EFSC) traded up 1.61% during midday trading on Wednesday, reaching $32.85. 35,590 shares of the company traded hands. Enterprise Financial Services Corp. has a 12-month low of $25.01 and a 12-month high of $32.90. The company has a 50-day moving average of $31.16 and a 200 day moving average of $28.56. The firm has a market capitalization of $657.59 million, a PE ratio of 15.29 and a beta of 0.78.

Enterprise Financial Services Corp. (NASDAQ:EFSC) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.53 by $0.04. Enterprise Financial Services Corp. had a return on equity of 12.11% and a net margin of 26.51%. On average, equities analysts forecast that Enterprise Financial Services Corp. will post $2.29 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Thursday, September 15th were paid a dividend of $0.11 per share. This is a boost from Enterprise Financial Services Corp.’s previous quarterly dividend of $0.10. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend was Tuesday, September 13th. Enterprise Financial Services Corp.’s dividend payout ratio is presently 20.47%.

Hedge funds have recently made changes to their positions in the stock. First Quadrant L P CA boosted its stake in shares of Enterprise Financial Services Corp. by 69.0% in the second quarter. First Quadrant L P CA now owns 4,900 shares of the company’s stock worth $137,000 after buying an additional 2,000 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Enterprise Financial Services Corp. by 21,048.1% in the first quarter. Royal Bank of Canada now owns 5,710 shares of the company’s stock worth $155,000 after buying an additional 5,683 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of Enterprise Financial Services Corp. during the second quarter worth approximately $211,000. Miles Capital Inc. acquired a new stake in shares of Enterprise Financial Services Corp. during the first quarter worth approximately $236,000. Finally, C M Bidwell & Associates Ltd. boosted its stake in shares of Enterprise Financial Services Corp. by 4,068.9% in the first quarter. C M Bidwell & Associates Ltd. now owns 9,380 shares of the company’s stock worth $254,000 after buying an additional 9,155 shares during the last quarter. Institutional investors own 68.30% of the company’s stock.

Enterprise Financial Services Corp. Company Profile

Enterprise Financial Services Corp is a financial holding company. The Company is the 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.

5 Day Chart for NASDAQ:EFSC

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