Enterprise Financial Services Corporation (NASDAQ:EFSC) President Scott Richard Goodman sold 3,700 shares of the stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $45.85, for a total value of $169,645.00. Following the transaction, the president now directly owns 38,269 shares of the company’s stock, valued at $1,754,633.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Enterprise Financial Services Corporation (EFSC) traded down $0.40 during midday trading on Monday, reaching $44.85. The company’s stock had a trading volume of 92,500 shares, compared to its average volume of 114,367. Enterprise Financial Services Corporation has a 1-year low of $36.65 and a 1-year high of $46.25. The company has a market capitalization of $1,034.46, a price-to-earnings ratio of 17.87, a price-to-earnings-growth ratio of 1.98 and a beta of 0.88. 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 (NASDAQ:EFSC) last announced its quarterly earnings data on Monday, October 23rd. The bank reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.01. Enterprise Financial Services had a return on equity of 11.15% and a net margin of 24.73%. The business had revenue of $54.00 million during the quarter, compared to analyst estimates of $54.11 million. equities research analysts anticipate that Enterprise Financial Services Corporation will post 2.52 earnings per share for the current fiscal year.
Institutional investors have recently bought and sold shares of the company. Great West Life Assurance Co. Can boosted its holdings in shares of Enterprise Financial Services by 281.2% in the third quarter. Great West Life Assurance Co. Can now owns 3,431 shares of the bank’s stock worth $145,000 after acquiring an additional 2,531 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in shares of Enterprise Financial Services by 89.8% in the third quarter. BNP Paribas Arbitrage SA now owns 4,385 shares of the bank’s stock worth $186,000 after acquiring an additional 2,075 shares during the period. Moloney Securities Asset Management LLC bought a new position in shares of Enterprise Financial Services in the third quarter worth $203,000. Legal & General Group Plc boosted its holdings in shares of Enterprise Financial Services by 4.5% in the first quarter. Legal & General Group Plc now owns 5,090 shares of the bank’s stock worth $215,000 after acquiring an additional 219 shares during the period. Finally, SG Americas Securities LLC bought a new position in shares of Enterprise Financial Services in the third quarter worth $229,000. 74.46% of the stock is owned by hedge funds and other institutional investors.
Several brokerages have weighed in on EFSC. Zacks Investment Research raised Enterprise Financial Services from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a report on Thursday, October 26th. ValuEngine lowered Enterprise Financial Services from a “buy” rating to a “hold” rating in a report on Wednesday, November 22nd. Piper Jaffray Companies reissued an “overweight” rating and set a $49.00 price objective on shares of Enterprise Financial Services in a report on Friday, October 6th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $46.00 price objective on shares of Enterprise Financial Services in a report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $48.33.
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Enterprise Financial Services 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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