Susquehanna International Group LLP decreased its position in shares of Enterprise Financial Services Corporation (NASDAQ:EFSC) by 21.7% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,500 shares of the company’s stock after selling 4,570 shares during the period. Susquehanna International Group LLP owned about 0.08% of Enterprise Financial Services Corporation worth $516,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EFSC. BlackRock Institutional Trust Company N.A. boosted its position in shares of Enterprise Financial Services Corporation by 46.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 369,644 shares of the company’s stock worth $11,551,000 after buying an additional 117,042 shares in the last quarter. Rothschild Asset Management Inc. bought a new position in shares of Enterprise Financial Services Corporation during the third quarter worth $2,468,000. Boston Advisors LLC bought a new position in shares of Enterprise Financial Services Corporation during the third quarter worth $1,844,000. Morgan Stanley raised its position in shares of Enterprise Financial Services Corporation by 29.1% in the third quarter. Morgan Stanley now owns 257,125 shares of the company’s stock worth $8,035,000 after buying an additional 57,902 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Enterprise Financial Services Corporation by 8.5% in the second quarter. Vanguard Group Inc. now owns 727,524 shares of the company’s stock worth $20,291,000 after buying an additional 56,951 shares during the last quarter. Hedge funds and other institutional investors own 70.00% of the company’s stock.

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

Shares of Enterprise Financial Services Corporation (NASDAQ:EFSC) traded up 0.87% during mid-day trading on Friday, hitting $40.50. 116,580 shares of the stock were exchanged. The stock has a market capitalization of $810.45 million, a P/E ratio of 17.93 and a beta of 0.72. The stock’s 50 day moving average price is $40.66 and its 200-day moving average price is $33.02. Enterprise Financial Services Corporation has a 12-month low of $25.01 and a 12-month high of $43.65.

Enterprise Financial Services Corporation (NASDAQ:EFSC) last issued its quarterly earnings data on Monday, October 24th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.03. Enterprise Financial Services Corporation had a net margin of 26.76% and a return on equity of 12.38%. On average, equities research analysts expect that Enterprise Financial Services Corporation will post $2.35 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Thursday, December 15th were issued a $0.11 dividend. The ex-dividend date of this dividend was Tuesday, December 13th. This represents a $0.44 dividend on an annualized basis and a yield of 1.09%. Enterprise Financial Services Corporation’s dividend payout ratio (DPR) is presently 19.47%.

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A number of research analysts have weighed in on EFSC shares. Zacks Investment Research lowered shares of Enterprise Financial Services Corporation from a “buy” rating to a “hold” rating in a research note on Monday, October 3rd. DA Davidson lifted their price target on shares of Enterprise Financial Services Corporation from $33.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, October 12th.

In other Enterprise Financial Services Corporation news, President Scott Richard Goodman sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 13th. The shares were sold at an average price of $40.30, for a total transaction of $80,600.00. Following the completion of the transaction, the president now owns 36,125 shares in the company, valued at approximately $1,455,837.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Peter Benoist sold 2,900 shares of the firm’s stock in a transaction that occurred on Tuesday, December 13th. The stock was sold at an average price of $40.29, for a total transaction of $116,841.00. Following the transaction, the chief executive officer now owns 110,215 shares of the company’s stock, valued at approximately $4,440,562.35. The disclosure for this sale can be found here. 6.20% of the stock is currently owned by corporate insiders.

Enterprise Financial Services Corporation Company Profile

Enterprise Financial Services Corp is a financial holding company. The Company is the 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.

5 Day Chart for NASDAQ:EFSC

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