Enterprise Financial Services (NASDAQ:EFSCP) Shares Down 0.4% – Time to Sell?

Enterprise Financial Services Corp (NASDAQ:EFSCP)’s stock price traded down 0.4% on Thursday . The stock traded as low as $19.90 and last traded at $19.91. 7,496 shares traded hands during mid-day trading, an increase of 203% from the average session volume of 2,471 shares. The stock had previously closed at $19.99.

Enterprise Financial Services Stock Down 0.4%

The stock’s 50 day moving average price is $19.83 and its two-hundred day moving average price is $20.08.

Enterprise Financial Services (NASDAQ:EFSCP) last issued its quarterly earnings data on Monday, January 31st. The company reported $0.73 EPS for the quarter. The firm had revenue of $95.10 million for the quarter.

Enterprise Financial Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were issued a dividend of $0.3125 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 6.3%.

Hedge Funds Weigh In On Enterprise Financial Services

A hedge fund recently raised its stake in Enterprise Financial Services stock. Jag Capital Management LLC lifted its stake in shares of Enterprise Financial Services Corp (NASDAQ:EFSCP) by 10.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,250 shares of the company’s stock after purchasing an additional 1,400 shares during the period. Jag Capital Management LLC’s holdings in Enterprise Financial Services were worth $281,000 as of its most recent SEC filing.

About Enterprise Financial Services

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.