Enterprise Financial Services Corporation (NASDAQ:EFSC) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Wednesday.

A number of other equities research analysts have also issued reports on the stock. Zacks Investment Research raised shares of Enterprise Financial Services Corporation from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a report on Thursday, October 26th. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $49.00 target price on shares of Enterprise Financial Services Corporation in a research note on Friday, October 6th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $46.00 target price on shares of Enterprise Financial Services Corporation in a research note on Tuesday, October 3rd. Finally, BidaskClub lowered shares of Enterprise Financial Services Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $48.33.

Shares of Enterprise Financial Services Corporation (NASDAQ:EFSC) opened at $43.80 on Wednesday. The stock has a market cap of $1,010.00, a price-to-earnings ratio of 17.53, a price-to-earnings-growth ratio of 1.94 and a beta of 0.89. Enterprise Financial Services Corporation has a twelve month low of $36.65 and a twelve month high of $46.25. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.03 and a quick ratio of 1.03.

Enterprise Financial Services Corporation (NASDAQ:EFSC) last announced its quarterly earnings results on Monday, October 23rd. The bank reported $0.69 earnings per share (EPS) 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 net margin of 24.73% and a return on equity of 11.15%. equities analysts expect that Enterprise Financial Services Corporation will post 2.52 earnings per share for the current year.

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In other news, insider Douglas Bauche sold 1,200 shares of Enterprise Financial Services Corporation 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 sale, the insider now owns 1,639 shares of the company’s stock, valued at approximately $62,462.29. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 5.60% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of EFSC. Teachers Advisors LLC lifted its position in Enterprise Financial Services Corporation by 11.6% during the 1st quarter. Teachers Advisors LLC now owns 37,381 shares of the bank’s stock valued at $1,585,000 after acquiring an additional 3,876 shares during the period. TIAA CREF Investment Management LLC raised its holdings in Enterprise Financial Services Corporation by 4.5% in the first quarter. TIAA CREF Investment Management LLC now owns 90,538 shares of the bank’s stock worth $3,839,000 after buying an additional 3,864 shares during the last quarter. Legal & General Group Plc raised its holdings in Enterprise Financial Services Corporation 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 buying an additional 219 shares during the last quarter. Vanguard Group Inc. raised its holdings in Enterprise Financial Services Corporation by 10.3% in the first quarter. Vanguard Group Inc. now owns 952,276 shares of the bank’s stock worth $40,376,000 after buying an additional 89,165 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Enterprise Financial Services Corporation by 12.8% in the first quarter. Geode Capital Management LLC now owns 182,560 shares of the bank’s stock worth $7,740,000 after buying an additional 20,668 shares during the last quarter. 73.89% 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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