Enterprise Financial Services Corporation (NASDAQ:EFSC)‘s stock had its “hold” rating reissued by research analysts at Keefe, Bruyette & Woods in a research report issued on Tuesday. They presently have a $46.00 price objective on the bank’s stock. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 7.73% from the stock’s current price.

A number of other equities analysts have also commented on EFSC. Zacks Investment Research lowered shares of Enterprise Financial Services Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, June 7th. BidaskClub upgraded shares of Enterprise Financial Services Corporation from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $50.00 price objective on shares of Enterprise Financial Services Corporation in a report on Friday, July 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $43.25.

Shares of Enterprise Financial Services Corporation (NASDAQ EFSC) remained flat at $42.70 during mid-day trading on Tuesday. 88,715 shares of the company were exchanged. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of 18.58 and a beta of 0.86. Enterprise Financial Services Corporation has a 52 week low of $31.17 and a 52 week high of $46.25. The firm has a 50-day moving average of $39.28 and a 200 day moving average of $40.66.

Enterprise Financial Services Corporation (NASDAQ:EFSC) last announced its earnings results on Monday, July 24th. The bank reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.06). Enterprise Financial Services Corporation had a net margin of 24.54% and a return on equity of 11.18%. The company had revenue of $53.57 million during the quarter, compared to analysts’ expectations of $51.91 million. Analysts expect that Enterprise Financial Services Corporation will post $2.52 earnings per share for the current year.

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In related news, insider Douglas Bauche sold 1,200 shares of the business’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $38.11, for a total value of $45,732.00. Following the completion of the sale, the insider now owns 1,639 shares in the company, valued at approximately $62,462.29. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Holmes bought 2,556 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was purchased at an average price of $38.74 per share, with a total value of $99,019.44. Following the transaction, the director now directly owns 2,716 shares in the company, valued at $105,217.84. The disclosure for this purchase can be found here. 5.60% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the business. ClariVest Asset Management LLC grew its position in Enterprise Financial Services Corporation by 21.4% during the second quarter. ClariVest Asset Management LLC now owns 240,793 shares of the bank’s stock valued at $9,824,000 after acquiring an additional 42,400 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Enterprise Financial Services Corporation by 8.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 54,211 shares of the bank’s stock worth $2,212,000 after acquiring an additional 4,321 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Enterprise Financial Services Corporation by 5.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 890,344 shares of the bank’s stock valued at $37,751,000 after purchasing an additional 49,557 shares in the last quarter. UBS Group AG boosted its stake in shares of Enterprise Financial Services Corporation by 299.9% in the 1st quarter. UBS Group AG now owns 25,265 shares of the bank’s stock valued at $1,072,000 after purchasing an additional 18,947 shares in the last quarter. Finally, Anderson Hoagland & Co. purchased a new stake in shares of Enterprise Financial Services Corporation in the 2nd quarter valued at $2,672,000. 72.86% of the stock is owned by institutional investors and hedge funds.

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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