American Century Companies Inc. Has $53.33 Million Position in Enterprise Financial Services Corporation $EFSC

American Century Companies Inc. raised its position in Enterprise Financial Services Corporation (NASDAQ:EFSC) by 1.2% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 919,831 shares of the bank’s stock after acquiring an additional 10,787 shares during the period. American Century Companies Inc. owned about 2.49% of Enterprise Financial Services worth $53,332,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. AQR Capital Management LLC increased its holdings in Enterprise Financial Services by 14.5% during the first quarter. AQR Capital Management LLC now owns 58,539 shares of the bank’s stock worth $3,146,000 after buying an additional 7,419 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in 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 acquiring an additional 698 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Enterprise Financial Services by 10.2% in the 1st 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 acquiring an additional 9,816 shares during the period. Focus Partners Wealth increased its stake in shares of Enterprise Financial Services by 25.1% during the 1st quarter. Focus Partners Wealth now owns 5,398 shares of the bank’s stock worth $290,000 after purchasing an additional 1,082 shares during the last quarter. Finally, Intech Investment Management LLC increased its stake in shares of Enterprise Financial Services by 46.1% during the 1st quarter. Intech Investment Management LLC now owns 25,082 shares of the bank’s stock worth $1,348,000 after purchasing an additional 7,909 shares during the last quarter. Institutional investors and hedge funds own 72.21% of the company’s stock.

Enterprise Financial Services Price Performance

Enterprise Financial Services stock opened at $56.06 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.88 and a current ratio of 0.84. Enterprise Financial Services Corporation has a 52 week low of $45.22 and a 52 week high of $62.30. The stock has a market capitalization of $2.06 billion, a P/E ratio of 10.56 and a beta of 0.82. The stock has a fifty day moving average of $57.24 and a 200-day moving average of $56.83.

Enterprise Financial Services (NASDAQ:EFSC) last posted its earnings results on Monday, January 26th. The bank reported $1.36 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $190.95 million for the quarter, compared to the consensus estimate of $188.54 million. On average, sell-side analysts expect that Enterprise Financial Services Corporation will post 4.97 earnings per share for the current fiscal year.

Enterprise Financial Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a $0.33 dividend. This is a boost from Enterprise Financial Services’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.32 annualized dividend and a dividend yield of 2.4%. Enterprise Financial Services’s dividend payout ratio is 24.11%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Wall Street Zen raised Enterprise Financial Services from a “sell” rating to a “hold” rating in a research report on Sunday, November 9th. DA Davidson increased their price target on Enterprise Financial Services from $66.00 to $68.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Weiss Ratings raised Enterprise Financial Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. Finally, Piper Sandler lifted their price objective on shares of Enterprise Financial Services from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.00.

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.