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

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

Enterprise Financial Services Corporation (NASDAQ:EFSC) opened at $44.50 on Wednesday. Enterprise Financial Services Corporation has a fifty-two week low of $36.65 and a fifty-two week high of $46.25. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market cap of $1,044.84, a price-to-earnings ratio of 18.05, a P/E/G ratio of 2.00 and a beta of 0.88.

Enterprise Financial Services (NASDAQ:EFSC) last posted its quarterly earnings data on Monday, October 23rd. The bank reported $0.69 EPS for the quarter, topping the consensus estimate of $0.68 by $0.01. The company had revenue of $54.00 million during the quarter, compared to analyst estimates 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 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend 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 research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Enterprise Financial Services from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a report on Thursday, October 26th. Piper Jaffray Companies reissued an “overweight” rating and issued a $49.00 target price on shares of Enterprise Financial Services in a report on Friday, October 6th. ValuEngine lowered shares of Enterprise Financial Services from a “buy” rating to a “hold” rating in a report on Wednesday, November 22nd. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $46.00 target price on shares of Enterprise Financial Services in a report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $48.33.

A number of hedge funds and other institutional investors have recently bought and sold shares of EFSC. Teachers Advisors LLC boosted its stake in Enterprise Financial Services by 11.6% during the first quarter. Teachers Advisors LLC now owns 37,381 shares of the bank’s stock worth $1,585,000 after buying an additional 3,876 shares during the period. Legal & General Group Plc boosted its stake in Enterprise Financial Services by 4.5% during the first quarter. Legal & General Group Plc now owns 5,090 shares of the bank’s stock worth $215,000 after buying an additional 219 shares during the period. Vanguard Group Inc. boosted its stake in Enterprise Financial Services by 10.3% during the first quarter. Vanguard Group Inc. now owns 952,276 shares of the bank’s stock worth $40,376,000 after buying an additional 89,165 shares during the period. Schwab Charles Investment Management Inc. boosted its stake in Enterprise Financial Services by 5.6% during the first quarter. Schwab Charles Investment Management Inc. now owns 96,164 shares of the bank’s stock worth $4,078,000 after buying an additional 5,106 shares during the period. Finally, State Street Corp boosted its stake in Enterprise Financial Services by 5.1% during the first quarter. State Street Corp now owns 373,035 shares of the bank’s stock worth $15,817,000 after buying an additional 18,021 shares during the period. 74.46% of the stock is owned by institutional investors.

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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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