AQR Capital Management LLC raised its position in Enterprise Financial Services Corporation (NASDAQ:EFSC) by 35.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 260,346 shares of the bank’s stock after buying an additional 68,186 shares during the period. AQR Capital Management LLC owned approximately 1.11% of Enterprise Financial Services Corporation worth $11,039,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in Enterprise Financial Services Corporation by 76.6% in the first quarter. JPMorgan Chase & Co. now owns 247,368 shares of the bank’s stock worth $10,488,000 after buying an additional 107,261 shares during the period. Prudential Financial Inc. raised its stake in Enterprise Financial Services Corporation by 42.7% in the first quarter. Prudential Financial Inc. now owns 321,885 shares of the bank’s stock worth $13,648,000 after buying an additional 96,310 shares during the period. Vanguard Group Inc. raised its stake in Enterprise Financial Services Corporation by 10.3% in the first quarter. Vanguard Group Inc. now owns 952,276 shares of the bank’s stock worth $40,376,000 after buying an additional 89,165 shares during the period. Bank of New York Mellon Corp raised its stake in Enterprise Financial Services Corporation by 72.6% in the first quarter. Bank of New York Mellon Corp now owns 198,611 shares of the bank’s stock worth $8,421,000 after buying an additional 83,562 shares during the period. Finally, Mackenzie Financial Corp acquired a new stake in Enterprise Financial Services Corporation during the first quarter worth approximately $3,249,000. Institutional investors and hedge funds own 69.13% of the company’s stock.

Enterprise Financial Services Corporation (EFSC) traded down 0.50% on Thursday, hitting $39.55. The stock had a trading volume of 129,525 shares. The company’s 50 day moving average is $40.71 and its 200-day moving average is $41.83. The firm has a market capitalization of $927.96 million, a price-to-earnings ratio of 17.12 and a beta of 0.85. Enterprise Financial Services Corporation has a 1-year low of $28.75 and a 1-year high of $46.25.

Enterprise Financial Services Corporation (NASDAQ:EFSC) last posted its quarterly earnings data on Monday, July 24th. The bank reported $0.56 EPS for the quarter, missing the consensus estimate of $0.62 by $0.06. Enterprise Financial Services Corporation had a return on equity of 11.91% and a net margin of 24.54%. The business had revenue of $53.57 million for the quarter, compared to the consensus estimate of $51.91 million. On average, analysts forecast that Enterprise Financial Services Corporation will post $2.52 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.44 annualized dividend and a yield of 1.11%. Enterprise Financial Services Corporation’s dividend payout ratio (DPR) is presently 18.97%.

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EFSC has been the topic of a number of recent research reports. Piper Jaffray Companies reiterated a “buy” rating and issued a $48.00 price objective on shares of Enterprise Financial Services Corporation in a research report on Friday, July 28th. Zacks Investment Research upgraded Enterprise Financial Services Corporation from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a research report on Thursday, June 8th. BidaskClub raised Enterprise Financial Services Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, June 10th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $45.00 price target on shares of Enterprise Financial Services Corporation in a research note on Friday, June 2nd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $43.00.

In other Enterprise Financial Services Corporation news, insider Douglas Bauche sold 1,200 shares of Enterprise Financial Services Corporation stock in a transaction dated Friday, May 5th. The shares were sold at an average price of $42.50, for a total value of $51,000.00. Following the completion of the transaction, the insider now directly owns 2,839 shares of the company’s stock, valued at $120,657.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 5.60% of the stock is currently owned by insiders.

Enterprise Financial Services Corporation Company Profile

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 Corporation (NASDAQ:EFSC)

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