Universal Beteiligungs und Servicegesellschaft mbH Boosts Stake in Enterprise Financial Services Corporation $EFSC

Universal Beteiligungs und Servicegesellschaft mbH lifted its position in Enterprise Financial Services Corporation (NASDAQ:EFSC) by 30.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 125,417 shares of the bank’s stock after purchasing an additional 29,159 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.34% of Enterprise Financial Services worth $7,272,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Vest Financial LLC boosted its holdings in shares of Enterprise Financial Services by 18.8% in the third quarter. Vest Financial LLC now owns 90,130 shares of the bank’s stock valued at $5,226,000 after acquiring an additional 14,264 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Enterprise Financial Services by 13.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,822 shares of the bank’s stock worth $450,000 after purchasing an additional 942 shares during the period. First Horizon Corp acquired a new stake in Enterprise Financial Services during the 3rd quarter worth $26,000. State of Alaska Department of Revenue purchased a new position in Enterprise Financial Services during the 3rd quarter worth $92,000. Finally, SG Americas Securities LLC increased its stake in Enterprise Financial Services by 102.7% in the third quarter. SG Americas Securities LLC now owns 33,931 shares of the bank’s stock valued at $1,967,000 after purchasing an additional 17,188 shares during the period. Institutional investors and hedge funds own 72.21% of the company’s stock.

Enterprise Financial Services Stock Performance

NASDAQ EFSC opened at $55.61 on Monday. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of 10.82 and a beta of 0.84. The business’s 50 day moving average is $55.22 and its two-hundred day moving average is $56.40. Enterprise Financial Services Corporation has a 12-month low of $45.22 and a 12-month high of $62.60. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.35.

Enterprise Financial Services (NASDAQ:EFSC) last posted its quarterly earnings results on Monday, October 27th. The bank reported $1.20 earnings per share for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.10). Enterprise Financial Services had a net margin of 19.98% and a return on equity of 10.82%. The business had revenue of $177.84 million during the quarter, compared to analysts’ expectations of $176.52 million. Research analysts expect that Enterprise Financial Services Corporation will post 4.97 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of Enterprise Financial Services from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. DA Davidson reaffirmed a “buy” rating and set a $69.00 price objective on shares of Enterprise Financial Services in a research report on Tuesday, October 28th. Piper Sandler lowered their target price on Enterprise Financial Services from $64.00 to $62.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 29th. Wall Street Zen upgraded Enterprise Financial Services from a “sell” rating to a “hold” rating in a research note on Sunday, November 9th. Finally, Keefe, Bruyette & Woods decreased their price target on Enterprise Financial Services from $68.00 to $66.00 and set an “outperform” rating for the company in a report on Wednesday, October 29th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $65.67.

About Enterprise Financial Services

Enterprise Financial Services Corp. (NASDAQ: EFSC) is a bank holding company headquartered in Clayton, Missouri, operating through its primary subsidiary, Enterprise Bank & Trust. The company provides a comprehensive range of banking and financial services to individuals, small- and mid-sized businesses, and institutional clients. Its capabilities encompass deposit products, lending solutions, mortgage banking, and treasury management, supported by a full suite of digital banking tools and personalized client service.

In its commercial banking segment, Enterprise Bank & Trust offers lines of credit, equipment financing, commercial real estate loans, construction lending and agriculture lending.