Clayton Financial Group LLC Takes Position in Enterprise Financial Services Corporation $EFSC

Clayton Financial Group LLC purchased a new stake in Enterprise Financial Services Corporation (NASDAQ:EFSC) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,000 shares of the bank’s stock, valued at approximately $540,000.

Several other institutional investors and hedge funds also recently made changes to their positions in EFSC. AQR Capital Management LLC boosted its holdings in shares of Enterprise Financial Services by 14.5% in the first quarter. AQR Capital Management LLC now owns 58,539 shares of the bank’s stock valued at $3,146,000 after buying an additional 7,419 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Enterprise Financial Services by 3.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,762 shares of the bank’s stock valued at $1,169,000 after buying an additional 698 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Enterprise Financial Services by 10.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 106,398 shares of the bank’s stock valued at $5,718,000 after buying an additional 9,816 shares during the period. Focus Partners Wealth boosted its holdings in shares of Enterprise Financial Services by 25.1% in the first quarter. Focus Partners Wealth now owns 5,398 shares of the bank’s stock valued at $290,000 after buying an additional 1,082 shares during the period. Finally, Intech Investment Management LLC boosted its holdings in shares of Enterprise Financial Services by 46.1% in the first quarter. Intech Investment Management LLC now owns 25,082 shares of the bank’s stock valued at $1,348,000 after buying an additional 7,909 shares during the period. Institutional investors and hedge funds own 72.21% of the company’s stock.

Enterprise Financial Services Stock Performance

Shares of EFSC opened at $56.24 on Wednesday. Enterprise Financial Services Corporation has a 12 month low of $45.22 and a 12 month high of $62.30. The firm has a fifty day simple moving average of $56.63 and a 200 day simple moving average of $55.79. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 10.59 and a beta of 0.79. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.24.

Enterprise Financial Services (NASDAQ:EFSC) last announced its earnings results on Monday, January 26th. The bank reported $1.36 EPS for the quarter, missing the consensus estimate of $1.37 by ($0.01). Enterprise Financial Services had a return on equity of 10.57% and a net margin of 20.15%.The business had revenue of $190.95 million for the quarter, compared to analyst estimates of $188.54 million. Research analysts forecast that Enterprise Financial Services Corporation will post 4.97 EPS for the current fiscal year.

Enterprise Financial Services Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 2.3%. This is an increase from Enterprise Financial Services’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Friday, March 13th. Enterprise Financial Services’s payout ratio is currently 24.86%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on EFSC. Weiss Ratings upgraded shares of Enterprise Financial Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. DA Davidson upped their price target on shares of Enterprise Financial Services from $66.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Finally, Piper Sandler increased their target price on shares of Enterprise Financial Services from $62.00 to $64.00 and gave the stock a “neutral” rating in a report on Wednesday, January 28th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $66.00.

Enterprise Financial Services Profile

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.