BidaskClub downgraded shares of Enterprise Financial Services Corporation (NASDAQ:EFSC) from a hold rating to a sell rating in a report released on Wednesday, July 12th.

A number of other analysts have also recently commented on EFSC. Zacks Investment Research cut shares of Enterprise Financial Services Corporation from a buy rating to a hold rating in a research report on Wednesday, June 7th. Keefe, Bruyette & Woods reissued a hold rating and set a $45.00 price objective on shares of Enterprise Financial Services Corporation in a research report on Friday, June 2nd. Two 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. Enterprise Financial Services Corporation presently has an average rating of Hold and an average target price of $43.00.

Shares of Enterprise Financial Services Corporation (EFSC) opened at 39.60 on Wednesday. The firm has a 50-day moving average price of $40.71 and a 200-day moving average price of $41.83. Enterprise Financial Services Corporation has a 52 week low of $28.75 and a 52 week high of $46.25. The firm has a market capitalization of $929.10 million, a price-to-earnings ratio of 17.23 and a beta of 0.85.

Enterprise Financial Services Corporation (NASDAQ:EFSC) last posted its quarterly earnings data on Monday, July 24th. The bank reported $0.56 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.62 by $0.06. The company had revenue of $53.57 million during the quarter, compared to analyst estimates of $51.91 million. Enterprise Financial Services Corporation had a net margin of 24.54% and a return on equity of 11.18%. On average, equities analysts expect that Enterprise Financial Services Corporation will post $2.52 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This article was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this article on another domain, it was stolen and reposted in violation of international copyright and trademark laws. The original version of this article can be accessed at https://www.thecerbatgem.com/2017/08/07/enterprise-financial-services-corp-nasdaqefsc-downgraded-by-bidaskclub-updated-updated-updated.html.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a $0.11 dividend. The ex-dividend date 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 18.97%.

Large investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. bought a new stake in shares of Enterprise Financial Services Corporation during the fourth quarter valued at about $1,509,000. Dimensional Fund Advisors LP raised its stake in shares of Enterprise Financial Services Corporation by 7.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 840,787 shares of the bank’s stock valued at $36,154,000 after buying an additional 59,371 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Enterprise Financial Services Corporation by 48.8% in the fourth quarter. AQR Capital Management LLC now owns 192,160 shares of the bank’s stock valued at $8,263,000 after buying an additional 63,048 shares during the last quarter. Teachers Advisors LLC raised its stake in shares of Enterprise Financial Services Corporation by 2.0% in the fourth quarter. Teachers Advisors LLC now owns 33,505 shares of the bank’s stock valued at $1,441,000 after buying an additional 645 shares during the last quarter. Finally, Highbridge Capital Management LLC bought a new stake in shares of Enterprise Financial Services Corporation during the fourth quarter valued at about $1,154,000. Hedge funds and other institutional investors own 68.98% of the company’s stock.

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.

Receive News & Stock Ratings for Enterprise Financial Services Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Financial Services Corporation and related stocks with our FREE daily email newsletter.