Segall Bryant & Hamill LLC Raises Holdings in Enterprise Financial Services Corp (EFSC)

Segall Bryant & Hamill LLC increased its holdings in Enterprise Financial Services Corp (NASDAQ:EFSC) by 26.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 198,970 shares of the bank’s stock after purchasing an additional 41,055 shares during the period. Segall Bryant & Hamill LLC owned approximately 0.86% of Enterprise Financial Services worth $7,487,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. PNC Financial Services Group Inc. boosted its stake in Enterprise Financial Services by 18.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,441 shares of the bank’s stock valued at $54,000 after acquiring an additional 227 shares during the last quarter. Quantamental Technologies LLC acquired a new stake in Enterprise Financial Services in the fourth quarter worth $82,000. Atwood & Palmer Inc. acquired a new stake in Enterprise Financial Services in the fourth quarter worth $93,000. Robeco Institutional Asset Management B.V. acquired a new stake in Enterprise Financial Services in the third quarter worth $133,000. Finally, Squarepoint Ops LLC raised its holdings in Enterprise Financial Services by 20.7% in the fourth quarter. Squarepoint Ops LLC now owns 5,840 shares of the bank’s stock worth $220,000 after purchasing an additional 1,002 shares during the period. 78.47% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ:EFSC traded down $0.70 during midday trading on Monday, hitting $43.36. The stock had a trading volume of 85,405 shares, compared to its average volume of 105,102. The stock has a market capitalization of $1.18 billion, a PE ratio of 12.01, a PEG ratio of 1.20 and a beta of 1.14. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.68. Enterprise Financial Services Corp has a fifty-two week low of $36.09 and a fifty-two week high of $58.15.

Enterprise Financial Services (NASDAQ:EFSC) last released its quarterly earnings data on Monday, January 21st. The bank reported $1.06 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.11. The business had revenue of $61.30 million during the quarter, compared to analysts’ expectations of $59.43 million. Enterprise Financial Services had a net margin of 32.31% and a return on equity of 14.50%. On average, research analysts predict that Enterprise Financial Services Corp will post 3.98 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.29%. This is a boost from Enterprise Financial Services’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Thursday, March 14th. Enterprise Financial Services’s dividend payout ratio is currently 15.51%.

In other Enterprise Financial Services news, President Scott Richard Goodman sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, February 21st. The shares were sold at an average price of $46.49, for a total transaction of $46,490.00. Following the sale, the president now directly owns 47,872 shares of the company’s stock, valued at approximately $2,225,569.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.60% of the company’s stock.

A number of equities research analysts recently commented on EFSC shares. ValuEngine upgraded shares of Enterprise Financial Services from a “sell” rating to a “hold” rating in a report on Thursday, January 24th. BidaskClub upgraded shares of Enterprise Financial Services from a “strong sell” rating to a “sell” rating in a research note on Saturday, January 19th. Finally, Zacks Investment Research downgraded shares of Enterprise Financial Services from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 26th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $55.25.

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Enterprise Financial Services Profile

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. The company offers demand deposits, interest-bearing transaction accounts, money market accounts, and savings deposits, as well as certificates of deposit.

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

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