Enterprise Financial Services Corp. (NASDAQ:EFSC) CEO Peter Benoist sold 9,803 shares of the firm’s stock in a transaction that occurred on Wednesday, January 18th. The shares were sold at an average price of $38.77, for a total value of $380,062.31. Following the sale, the chief executive officer now owns 107,459 shares of the company’s stock, valued at approximately $4,166,185.43. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Peter Benoist also recently made the following trade(s):
Enterprise Financial Services Corp. (NASDAQ:EFSC) traded down 1.79% on Thursday, reaching $38.40. The company’s stock had a trading volume of 68,733 shares. The stock’s 50 day moving average is $40.96 and its 200-day moving average is $33.76. Enterprise Financial Services Corp. has a 52 week low of $25.01 and a 52 week high of $43.65. The firm has a market capitalization of $768.42 million, a PE ratio of 17.00 and a beta of 0.72.
Enterprise Financial Services Corp. (NASDAQ:EFSC) last announced its quarterly earnings results on Monday, October 24th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.03. Enterprise Financial Services Corp. had a return on equity of 12.38% and a net margin of 26.76%. Analysts predict that Enterprise Financial Services Corp. will post $2.35 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, December 30th. Shareholders of record on Thursday, December 15th were given a $0.11 dividend. The ex-dividend date was Tuesday, December 13th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.15%. Enterprise Financial Services Corp.’s dividend payout ratio is currently 19.47%.
Several hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC bought a new stake in shares of Enterprise Financial Services Corp. during the third quarter worth $133,000. Acrospire Investment Management LLC boosted its stake in shares of Enterprise Financial Services Corp. by 71.1% in the third quarter. Acrospire Investment Management LLC now owns 4,775 shares of the company’s stock worth $149,000 after buying an additional 1,984 shares in the last quarter. Cornerstone Capital Management Holdings LLC. bought a new stake in shares of Enterprise Financial Services Corp. during the third quarter worth $159,000. Zacks Investment Management bought a new stake in shares of Enterprise Financial Services Corp. during the third quarter worth $206,000. Finally, Citadel Advisors LLC bought a new stake in shares of Enterprise Financial Services Corp. during the second quarter worth $211,000. 70.06% of the stock is owned by institutional investors.
A number of brokerages have weighed in on EFSC. Zacks Investment Research lowered Enterprise Financial Services Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, December 28th. DA Davidson raised their price objective on Enterprise Financial Services Corp. from $33.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, October 12th.
About Enterprise Financial Services Corp.
Enterprise Financial Services Corp is a financial holding company. The Company is the 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.