Enterprise Financial Services Corporation (EFSC) President Sells $169,645.00 in Stock

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.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend is Thursday, December 14th. Enterprise Financial Services’s dividend payout ratio (DPR) is 18.18%.

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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