Enterprise Financial Services Corp (NASDAQ:EFSC) Shares Purchased by Claris Advisors LLC MO

Claris Advisors LLC MO lifted its holdings in shares of Enterprise Financial Services Corp (NASDAQ:EFSCFree Report) by 5.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,605 shares of the bank’s stock after acquiring an additional 302 shares during the quarter. Claris Advisors LLC MO’s holdings in Enterprise Financial Services were worth $210,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in EFSC. JPMorgan Chase & Co. lifted its holdings in shares of Enterprise Financial Services by 3.0% during the 1st quarter. JPMorgan Chase & Co. now owns 276,485 shares of the bank’s stock valued at $13,080,000 after acquiring an additional 8,156 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Enterprise Financial Services by 0.4% during the 1st quarter. Bank of New York Mellon Corp now owns 211,209 shares of the bank’s stock worth $9,992,000 after buying an additional 755 shares during the period. American Century Companies Inc. increased its stake in Enterprise Financial Services by 15.6% during the 1st quarter. American Century Companies Inc. now owns 41,396 shares of the bank’s stock worth $1,958,000 after buying an additional 5,586 shares during the period. Cetera Advisor Networks LLC purchased a new stake in Enterprise Financial Services during the 1st quarter worth $231,000. Finally, MetLife Investment Management LLC increased its stake in Enterprise Financial Services by 37.3% during the 1st quarter. MetLife Investment Management LLC now owns 18,144 shares of the bank’s stock worth $858,000 after buying an additional 4,925 shares during the period. Institutional investors and hedge funds own 71.35% of the company’s stock.

Enterprise Financial Services Stock Performance

Shares of NASDAQ:EFSC traded down $0.80 during trading on Monday, reaching $39.62. 14,471 shares of the company’s stock traded hands, compared to its average volume of 144,815. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.91 and a quick ratio of 0.91. Enterprise Financial Services Corp has a 12 month low of $32.97 and a 12 month high of $56.35. The company has a 50 day moving average of $42.94 and a 200-day moving average of $40.04. The stock has a market capitalization of $1.48 billion, a P/E ratio of 7.96 and a beta of 1.00.

Enterprise Financial Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 15th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date of this dividend is Thursday, March 14th. Enterprise Financial Services’s dividend payout ratio is presently 19.69%.

Insider Activity at Enterprise Financial Services

In related news, Director Richard Sanborn sold 2,100 shares of the business’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $45.00, for a total transaction of $94,500.00. Following the completion of the sale, the director now owns 232,715 shares of the company’s stock, valued at approximately $10,472,175. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 3.80% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Piper Sandler dropped their price target on shares of Enterprise Financial Services from $48.00 to $47.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 24th. Keefe, Bruyette & Woods dropped their target price on shares of Enterprise Financial Services from $53.00 to $51.00 and set an “outperform” rating for the company in a research report on Wednesday, January 24th. Finally, StockNews.com raised shares of Enterprise Financial Services from a “sell” rating to a “hold” rating in a research report on Wednesday, November 1st.

View Our Latest Stock Report on EFSC

Enterprise Financial Services Profile

(Free Report)

Enterprise Financial Services Corp operates as the financial holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers. It offers checking, savings, and money market accounts, and certificates of deposit. The company also provides commercial and industrial, commercial real estate, construction and land development, residential real estate, agricultural, and consumer loans.

Further Reading

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Institutional Ownership by Quarter for Enterprise Financial Services (NASDAQ:EFSC)

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