1 week Ago By ABMN Staff
Geode Capital Management LLC reduced its holdings in Enterprise Financial Services Corp ( NASDAQ:EFSC – Free Report ) by 0.8% in the 4th quarter, Holdings Channel reports. The fund owned 885,238 shares of the bank’s stock after selling 6,792 shares during the quarter.
Geode Capital Management LLC’s holdings in Enterprise Financial Services were worth $49,939,000 at the end of the most recent quarter. Several other institutional investors have also modified their holdings of the business. Jane Street Group LLC increased its stake in Enterprise Financial Services by 27.
9% during the 3rd quarter. Jane Street Group LLC now owns 42,846 shares of the bank’s stock worth $2,196,000 after purchasing an additional 9,345 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd.
increased its position in shares of Enterprise Financial Services by 437.4% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd.
now owns 23,223 shares of the bank’s stock worth $1,310,000 after acquiring an additional 18,902 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Enterprise Financial Services by 94.
8% during the third quarter. Franklin Resources Inc. now owns 46,727 shares of the bank’s stock worth $2,391,000 after acquiring an additional 22,739 shares in the last quarter.
JPMorgan Chase & Co. raised its holdings in shares of Enterprise Financial Services by 5.6% during the third quarter.
JPMorgan Chase & Co. now owns 557,875 shares of the bank’s stock worth $28,597,000 after acquiring an additional 29,747 shares during the period. Finally, Fisher Asset Management LLC lifted its position in Enterprise Financial Services by 37.
0% in the 4th quarter. Fisher Asset Management LLC now owns 74,195 shares of the bank’s stock valued at $4,185,000 after acquiring an additional 20,033 shares in the last quarter. Institutional investors own 72.
21% of the company’s stock. Enterprise Financial Services Stock Down 1.0 % Enterprise Financial Services stock opened at $46.
20 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.
91 and a debt-to-equity ratio of 0.27. Enterprise Financial Services Corp has a 1-year low of $37.
28 and a 1-year high of $63.13. The company has a fifty day simple moving average of $55.
93 and a 200 day simple moving average of $56.13. The company has a market cap of $1.
71 billion, a P/E ratio of 9.55 and a beta of 0.84.
Enterprise Financial Services Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a dividend of $0.29 per share.
The ex-dividend date was Friday, March 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.
51%. This is a boost from Enterprise Financial Services’s previous quarterly dividend of $0.28.
Enterprise Financial Services’s dividend payout ratio is currently 23.97%. Analysts Set New Price Targets A number of equities analysts have issued reports on the company.
Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $70.00 price target (up previously from $68.00) on shares of Enterprise Financial Services in a research note on Wednesday, January 29th.
DA Davidson lifted their target price on Enterprise Financial Services from $67.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, January 29th.
Get Our Latest Stock Analysis on Enterprise Financial Services Insider Activity In other Enterprise Financial Services news, Director James M. Havel sold 5,525 shares of the company’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $58.
47, for a total transaction of $323,046.75. Following the sale, the director now directly owns 15,447 shares of the company’s stock, valued at approximately $903,186.
09. This represents a 26.34 % decrease in their ownership of the stock.
The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink . 2.30% of the stock is currently owned by insiders.
Enterprise Financial Services Profile ( Free Report ) Enterprise Financial Services Corp operates as the holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers primarily in Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico. It provides checking, savings, money market accounts, and certificates of deposit. Further Reading Want to see what other hedge funds are holding EFSC? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Enterprise Financial Services Corp ( NASDAQ:EFSC – Free Report ). Receive News & Ratings for Enterprise Financial Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Financial Services and related companies with MarketBeat.com's FREE daily email newsletter .
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