Enterprise Bancorp, Inc (NASDAQ:EBTC) Chairman George L. Duncan sold 4,580 shares of the company’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $37.58, for a total transaction of $172,116.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Enterprise Bancorp, Inc (EBTC) traded down $0.82 on Tuesday, hitting $36.42. 9,321 shares of the stock traded hands, compared to its average volume of 13,025. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.71. Enterprise Bancorp, Inc has a fifty-two week low of $29.02 and a fifty-two week high of $39.25. The company has a market cap of $436.48, a price-to-earnings ratio of 20.02 and a beta of 0.95.

Enterprise Bancorp (NASDAQ:EBTC) last posted its earnings results on Thursday, October 19th. The savings and loans company reported $0.47 earnings per share for the quarter. Enterprise Bancorp had a net margin of 18.64% and a return on equity of 9.67%. The business had revenue of $28.58 million for the quarter.

The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Friday, November 10th were issued a $0.135 dividend. This represents a $0.54 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend was Thursday, November 9th. Enterprise Bancorp’s payout ratio is 29.03%.

Institutional investors and hedge funds have recently bought and sold shares of the company. Northern Trust Corp grew its holdings in shares of Enterprise Bancorp by 11.7% in the 2nd quarter. Northern Trust Corp now owns 105,419 shares of the savings and loans company’s stock worth $3,747,000 after purchasing an additional 11,070 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of Enterprise Bancorp in the 2nd quarter worth about $1,198,000. Alliancebernstein L.P. bought a new stake in shares of Enterprise Bancorp in the 2nd quarter worth about $213,000. First Trust Advisors LP bought a new stake in shares of Enterprise Bancorp in the 2nd quarter worth about $644,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Enterprise Bancorp by 5.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 146,180 shares of the savings and loans company’s stock worth $5,195,000 after purchasing an additional 7,365 shares during the last quarter. 19.80% of the stock is currently owned by institutional investors and hedge funds.

Separately, BidaskClub lowered shares of Enterprise Bancorp from a “sell” rating to a “strong sell” rating in a report on Monday, August 14th.

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Enterprise Bancorp Company Profile

Enterprise Bancorp, Inc operates as the holding company of Enterprise Bank and Trust Company (the Bank). The Company is engaged in the business of gathering deposits from the general public and investing primarily in loans and investment securities and utilizing the resulting cash flows to conduct operations, expand the branch network, and pay dividends to stockholders.

Insider Buying and Selling by Quarter for Enterprise Bancorp (NASDAQ:EBTC)

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