Opus Capital Group LLC cut its position in Enterprise Financial Services Corporation (NASDAQ:EFSC) by 45.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 95,555 shares of the bank’s stock after selling 80,851 shares during the period. Opus Capital Group LLC owned about 0.41% of Enterprise Financial Services Corporation worth $3,899,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of EFSC. Bank of New York Mellon Corp increased its position in shares of 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. US Bancorp DE acquired a new position in shares of Enterprise Financial Services Corporation during the first quarter worth approximately $171,000. American Century Companies Inc. increased its position in shares of Enterprise Financial Services Corporation by 5.9% in the first quarter. American Century Companies Inc. now owns 102,647 shares of the bank’s stock worth $4,352,000 after buying an additional 5,758 shares during the period. First Trust Advisors LP increased its position in shares of Enterprise Financial Services Corporation by 11.2% in the first quarter. First Trust Advisors LP now owns 62,507 shares of the bank’s stock worth $2,650,000 after buying an additional 6,277 shares during the period. Finally, State Board of Administration of Florida Retirement System increased its position in shares of Enterprise Financial Services Corporation by 24.6% in the first quarter. State Board of Administration of Florida Retirement System now owns 13,397 shares of the bank’s stock worth $568,000 after buying an additional 2,648 shares during the period. 69.15% of the stock is owned by institutional investors.

Enterprise Financial Services Corporation (NASDAQ EFSC) opened at 38.05 on Friday. The firm has a market capitalization of $892.73 million, a P/E ratio of 16.56 and a beta of 0.85. The stock’s 50 day moving average price is $39.99 and its 200-day moving average price is $41.69. Enterprise Financial Services Corporation has a 12 month low of $29.65 and a 12 month high of $46.25.

Enterprise Financial Services Corporation (NASDAQ:EFSC) last announced 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. Enterprise Financial Services Corporation had a net margin of 24.54% and a return on equity of 11.18%. The firm had revenue of $53.57 million during the quarter, compared to analyst estimates of $51.91 million. Equities analysts forecast that Enterprise Financial Services Corporation will post $2.52 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.16%. Enterprise Financial Services Corporation’s payout ratio is 18.97%.

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A number of equities analysts have recently issued reports on the company. BidaskClub raised Enterprise Financial Services Corporation from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th. Zacks Investment Research downgraded Enterprise Financial Services Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 3rd. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $45.00 price target on shares of Enterprise Financial Services Corporation in a research report on Friday, June 2nd. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $50.00 price target on shares of Enterprise Financial Services Corporation in a research report on Friday, July 14th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $43.00.

In other news, Director Michael Holmes acquired 2,556 shares of Enterprise Financial Services Corporation stock in a transaction dated Tuesday, August 15th. The shares were acquired at an average cost of $38.74 per share, for a total transaction of $99,019.44. Following the acquisition, the director now owns 2,716 shares of the company’s stock, valued at $105,217.84. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 5.60% of the stock is currently owned by company 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.

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Institutional Ownership by Quarter for Enterprise Financial Services Corporation (NASDAQ:EFSC)

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