ValuEngine lowered shares of Enterprise Financial Services Corporation (NASDAQ:EFSC) from a buy rating to a hold rating in a research note released on Wednesday morning.

A number of other brokerages have also weighed in on EFSC. Zacks Investment Research upgraded Enterprise Financial Services Corporation from a hold rating to a buy rating and set a $50.00 price objective on the stock in a research report on Thursday, October 26th. Piper Jaffray Companies restated an overweight rating and set a $49.00 price objective on shares of Enterprise Financial Services Corporation in a research report on Friday, October 6th. BidaskClub lowered Enterprise Financial Services Corporation from a sell rating to a strong sell rating in a research report on Thursday, July 27th. Finally, Keefe, Bruyette & Woods restated a hold rating and set a $46.00 price objective on shares of Enterprise Financial Services Corporation in a research report on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of $48.33.

Shares of Enterprise Financial Services Corporation (EFSC) opened at $43.20 on Wednesday. The firm has a market capitalization of $1,010.24, a price-to-earnings ratio of 17.45, a P/E/G ratio of 1.93 and a beta of 0.89. Enterprise Financial Services Corporation has a 52-week low of $36.65 and a 52-week high of $46.25. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.05.

Enterprise Financial Services Corporation (NASDAQ:EFSC) last issued its quarterly earnings data on Monday, October 23rd. The bank reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.01. The business had revenue of $54.00 million for the quarter, compared to analyst estimates of $54.11 million. Enterprise Financial Services Corporation had a return on equity of 11.15% and a net margin of 24.73%. analysts forecast that Enterprise Financial Services Corporation will post 2.52 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be given a dividend of $0.11 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.44 dividend on an annualized basis and a yield of 1.02%. Enterprise Financial Services Corporation’s dividend payout ratio is currently 18.18%.

In related news, insider Douglas Bauche sold 1,200 shares of the business’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $38.11, for a total transaction of $45,732.00. Following the sale, the insider now owns 1,639 shares in the company, valued at approximately $62,462.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 5.60% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in EFSC. Great West Life Assurance Co. Can lifted its holdings in Enterprise Financial Services Corporation by 281.2% during the 3rd quarter. Great West Life Assurance Co. Can now owns 3,431 shares of the bank’s stock worth $145,000 after buying an additional 2,531 shares during the period. BNP Paribas Arbitrage SA lifted its holdings in Enterprise Financial Services Corporation by 89.8% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 4,385 shares of the bank’s stock worth $186,000 after buying an additional 2,075 shares during the period. Moloney Securities Asset Management LLC acquired a new position in Enterprise Financial Services Corporation during the 3rd quarter worth about $203,000. Legal & General Group Plc lifted its holdings in Enterprise Financial Services Corporation by 4.5% during the 1st quarter. Legal & General Group Plc now owns 5,090 shares of the bank’s stock worth $215,000 after buying an additional 219 shares during the period. Finally, Citigroup Inc. lifted its holdings in Enterprise Financial Services Corporation by 272.4% during the 2nd quarter. Citigroup Inc. now owns 5,556 shares of the bank’s stock worth $227,000 after buying an additional 4,064 shares during the period. 73.89% of the stock is currently owned by hedge funds and other institutional investors.

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About Enterprise Financial Services Corporation

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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