Enterprise Financial Services Corporation (NASDAQ:EFSC)‘s stock had its “overweight” rating reissued by analysts at Piper Jaffray Companies in a report issued on Friday. They currently have a $49.00 price objective on the bank’s stock. Piper Jaffray Companies’ price target indicates a potential upside of 14.35% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $46.00 price objective on shares of Enterprise Financial Services Corporation in a research report on Tuesday, October 3rd. Zacks Investment Research raised shares of Enterprise Financial Services Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Finally, BidaskClub raised shares of Enterprise Financial Services Corporation from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. Enterprise Financial Services Corporation has an average rating of “Hold” and a consensus price target of $43.00.

Enterprise Financial Services Corporation (NASDAQ:EFSC) opened at 42.85 on Friday. The stock has a 50 day moving average price of $39.67 and a 200 day moving average price of $40.69. Enterprise Financial Services Corporation has a one year low of $31.59 and a one year high of $46.25. The company has a market cap of $1.01 billion, a PE ratio of 18.65 and a beta of 0.86.

Enterprise Financial Services Corporation (NASDAQ:EFSC) last posted its earnings results on Monday, July 24th. The bank reported $0.56 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.06). The business had revenue of $53.57 million for the quarter, compared to the consensus estimate of $51.91 million. Enterprise Financial Services Corporation had a return on equity of 11.18% and a net margin of 24.54%. On average, equities analysts anticipate that Enterprise Financial Services Corporation will post $2.52 EPS for the current fiscal year.

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In other news, Director Michael Holmes acquired 2,556 shares of Enterprise Financial Services Corporation stock in a transaction on Tuesday, August 15th. The stock was acquired at an average cost of $38.74 per share, with a total value of $99,019.44. Following the transaction, the director now owns 2,716 shares of the company’s stock, valued at approximately $105,217.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Douglas Bauche sold 1,200 shares of the company’s stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $38.11, for a total transaction of $45,732.00. Following the completion of the sale, the insider now directly owns 1,639 shares of the company’s stock, valued at $62,462.29. The disclosure for this sale can be found here. Corporate insiders own 5.60% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EFSC. US Bancorp DE purchased a new position in Enterprise Financial Services Corporation in the first quarter valued at about $171,000. Legal & General Group Plc boosted its stake 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 valued at $215,000 after acquiring an additional 219 shares during the last quarter. Citigroup Inc. boosted its stake in Enterprise Financial Services Corporation by 272.4% in the second quarter. Citigroup Inc. now owns 5,556 shares of the bank’s stock valued at $227,000 after acquiring an additional 4,064 shares during the last quarter. Brookstone Capital Management purchased a new position in Enterprise Financial Services Corporation in the second quarter valued at about $228,000. Finally, Laurion Capital Management LP purchased a new position in Enterprise Financial Services Corporation in the second quarter valued at about $319,000. Hedge funds and other institutional investors own 72.86% of the company’s stock.

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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