Enterprise Financial Services Corporation (NASDAQ:EFSC) President Scott Richard Goodman sold 3,700 shares of the stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $45.85, for a total transaction of $169,645.00. Following the sale, the president now owns 38,269 shares in the company, valued at approximately $1,754,633.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Enterprise Financial Services Corporation (EFSC) traded down $0.20 during trading hours on Thursday, reaching $44.30. 93,500 shares of the company were exchanged, compared to its average volume of 113,974. The company has a market capitalization of $1,026.39, a PE ratio of 17.73, a price-to-earnings-growth ratio of 1.96 and a beta of 0.88. Enterprise Financial Services Corporation has a 1 year low of $36.65 and a 1 year high of $46.25. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.05.

Enterprise Financial Services (NASDAQ:EFSC) last issued its earnings results on Monday, October 23rd. The bank reported $0.69 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.01. The firm had revenue of $54.00 million during the quarter, compared to analysts’ expectations of $54.11 million. Enterprise Financial Services had a net margin of 24.73% and a return on equity of 11.15%. research analysts predict that Enterprise Financial Services Corporation will post 2.52 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Thursday, December 14th. Enterprise Financial Services’s payout ratio is 18.18%.

A number of large investors have recently modified their holdings of the stock. Great West Life Assurance Co. Can boosted its stake in Enterprise Financial Services by 281.2% in the 3rd quarter. Great West Life Assurance Co. Can now owns 3,431 shares of the bank’s stock worth $145,000 after purchasing an additional 2,531 shares during the period. BNP Paribas Arbitrage SA boosted its stake in Enterprise Financial Services by 89.8% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 4,385 shares of the bank’s stock worth $186,000 after purchasing an additional 2,075 shares during the period. Moloney Securities Asset Management LLC acquired a new position in Enterprise Financial Services in the 3rd quarter worth approximately $203,000. Legal & General Group Plc boosted its stake in Enterprise Financial Services by 4.5% in the 1st quarter. Legal & General Group Plc now owns 5,090 shares of the bank’s stock worth $215,000 after purchasing an additional 219 shares during the period. Finally, SG Americas Securities LLC acquired a new position in Enterprise Financial Services in the 3rd quarter worth approximately $229,000. Hedge funds and other institutional investors own 74.46% of the company’s stock.

Several brokerages have commented on EFSC. Zacks Investment Research upgraded shares of Enterprise Financial Services from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a research note on Thursday, October 26th. ValuEngine lowered shares of Enterprise Financial Services from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. Piper Jaffray Companies reiterated an “overweight” rating and set a $49.00 price objective on shares of Enterprise Financial Services in a research note on Friday, October 6th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $46.00 price objective on shares of Enterprise Financial Services in a research note on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $48.33.

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About Enterprise Financial Services

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.

Insider Buying and Selling by Quarter for Enterprise Financial Services (NASDAQ:EFSC)

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