Keefe, Bruyette & Woods reiterated their hold rating on shares of Enterprise Financial Services Corporation (NASDAQ:EFSC) in a research report report published on Tuesday morning. Keefe, Bruyette & Woods currently has a $46.00 target price on the bank’s stock.

Several other research analysts have also recently issued reports on EFSC. BidaskClub cut shares of Enterprise Financial Services Corporation from a sell rating to a strong sell rating in a report on Thursday, July 27th. Zacks Investment Research raised shares of Enterprise Financial Services Corporation from a sell rating to a hold rating in a report on Tuesday, September 26th. Finally, Piper Jaffray Companies reissued a buy rating and set a $48.00 price target on shares of Enterprise Financial Services Corporation in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of Hold and an average target price of $43.00.

Enterprise Financial Services Corporation (NASDAQ:EFSC) traded up 0.70% during midday trading on Tuesday, hitting $43.00. The stock had a trading volume of 33,587 shares. Enterprise Financial Services Corporation has a 12 month low of $31.35 and a 12 month high of $46.25. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 18.71 and a beta of 0.86. The stock has a 50 day moving average of $39.53 and a 200 day moving average of $40.69.

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

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The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a $0.11 dividend. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.44 dividend on an annualized basis and a yield of 1.03%. Enterprise Financial Services Corporation’s dividend payout ratio (DPR) is presently 18.97%.

In related news, Director Michael Holmes bought 2,556 shares of the company’s stock in a transaction on Tuesday, August 15th. The stock was bought at an average cost of $38.74 per share, with a total value of $99,019.44. Following the completion of the acquisition, the director now owns 2,716 shares in the company, valued at approximately $105,217.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Douglas Bauche sold 1,200 shares of the stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $38.11, for a total transaction of $45,732.00. Following the completion of the transaction, the insider now directly owns 1,639 shares of the company’s stock, valued at $62,462.29. The disclosure for this sale can be found here. Company insiders own 5.60% of the company’s stock.

Institutional investors have recently modified their holdings of the business. ClariVest Asset Management LLC increased its holdings in Enterprise Financial Services Corporation by 21.4% in the second quarter. ClariVest Asset Management LLC now owns 240,793 shares of the bank’s stock valued at $9,824,000 after buying an additional 42,400 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in Enterprise Financial Services Corporation by 8.7% in the second quarter. Russell Investments Group Ltd. now owns 54,211 shares of the bank’s stock valued at $2,212,000 after buying an additional 4,321 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Enterprise Financial Services Corporation by 5.9% in the first quarter. Dimensional Fund Advisors LP now owns 890,344 shares of the bank’s stock valued at $37,751,000 after buying an additional 49,557 shares in the last quarter. UBS Group AG increased its holdings in Enterprise Financial Services Corporation by 299.9% in the first quarter. UBS Group AG now owns 25,265 shares of the bank’s stock valued at $1,072,000 after buying an additional 18,947 shares in the last quarter. Finally, Anderson Hoagland & Co. purchased a new position in Enterprise Financial Services Corporation in the second quarter valued at about $2,672,000. 72.86% of the stock is owned by institutional investors.

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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