Enterprise Financial Services Corporation (EFSC) President Scott Richard Goodman Sells 3,700 Shares of Stock

Enterprise Financial Services Corporation (NASDAQ:EFSC) President Scott Richard Goodman sold 3,700 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $45.85, for a total transaction of $169,645.00. Following the transaction, the president now directly owns 38,269 shares in the company, valued at $1,754,633.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Enterprise Financial Services Corporation (EFSC) opened at $45.30 on Tuesday. The stock has a market cap of $1,034.46, a P/E ratio of 17.87, a P/E/G ratio of 1.98 and a beta of 0.88. 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 has a one year low of $36.65 and a one year high of $46.25.

Enterprise Financial Services (NASDAQ:EFSC) last announced its quarterly earnings data on Monday, October 23rd. The bank reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.01. The business had revenue of $54.00 million for 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%. equities analysts anticipate that Enterprise Financial Services Corporation will post 2.52 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a $0.11 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.44 dividend on an annualized basis and a yield of 0.97%. Enterprise Financial Services’s dividend payout ratio (DPR) is 18.18%.

EFSC has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Enterprise Financial Services from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research note on Thursday, October 26th. Piper Jaffray Companies reissued an “overweight” rating and issued a $49.00 price objective on shares of Enterprise Financial Services in a research note on Friday, October 6th. ValuEngine cut shares of Enterprise Financial Services from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $46.00 price objective on shares of Enterprise Financial Services in a research note on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $48.33.

Large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its stake in shares of Enterprise Financial Services by 3.9% during the second quarter. Dimensional Fund Advisors LP now owns 925,174 shares of the bank’s stock worth $37,747,000 after buying an additional 34,830 shares during the last quarter. ClariVest Asset Management LLC grew its stake in shares of Enterprise Financial Services by 21.4% during the second quarter. ClariVest Asset Management LLC now owns 240,793 shares of the bank’s stock worth $9,824,000 after buying an additional 42,400 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Enterprise Financial Services by 8.7% during the second quarter. Russell Investments Group Ltd. now owns 54,211 shares of the bank’s stock worth $2,212,000 after buying an additional 4,321 shares during the last quarter. Kennedy Capital Management Inc. grew its stake in shares of Enterprise Financial Services by 36.5% during the second quarter. Kennedy Capital Management Inc. now owns 426,541 shares of the bank’s stock worth $17,403,000 after buying an additional 114,118 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Enterprise Financial Services by 1.8% during the second quarter. Vanguard Group Inc. now owns 969,746 shares of the bank’s stock worth $39,565,000 after buying an additional 17,470 shares during the last quarter. 74.46% of the stock is currently owned by institutional investors and hedge funds.

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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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