Tudor Investment Corp ET AL Invests $1.21 Million in Enterprise Financial Services Corporation $EFSC

Tudor Investment Corp ET AL bought a new stake in Enterprise Financial Services Corporation (NASDAQ:EFSC) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 20,884 shares of the bank’s stock, valued at approximately $1,211,000. Tudor Investment Corp ET AL owned 0.06% of Enterprise Financial Services at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Cambria Investment Management L.P. grew its stake in Enterprise Financial Services by 25.0% during the 3rd quarter. Cambria Investment Management L.P. now owns 10,000 shares of the bank’s stock worth $580,000 after purchasing an additional 1,998 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Enterprise Financial Services in the 3rd quarter valued at about $227,000. Maltese Capital Management LLC boosted its stake in shares of Enterprise Financial Services by 6.7% in the 3rd quarter. Maltese Capital Management LLC now owns 80,000 shares of the bank’s stock valued at $4,638,000 after buying an additional 5,000 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in shares of Enterprise Financial Services by 8.6% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,390 shares of the bank’s stock valued at $544,000 after buying an additional 742 shares during the period. Finally, Focus Partners Wealth grew its position in shares of Enterprise Financial Services by 29.4% during the third quarter. Focus Partners Wealth now owns 7,019 shares of the bank’s stock worth $414,000 after buying an additional 1,596 shares in the last quarter. 72.21% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms 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 research note on Monday, February 23rd. Piper Sandler lifted their price target on shares of Enterprise Financial Services from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Finally, DA Davidson boosted their price target on shares of Enterprise Financial Services from $66.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $66.00.

Enterprise Financial Services Stock Performance

Shares of Enterprise Financial Services stock opened at $53.31 on Monday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.24. The company has a fifty day simple moving average of $56.85 and a 200-day simple moving average of $56.06. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 10.04 and a beta of 0.82. Enterprise Financial Services Corporation has a 12-month low of $45.22 and a 12-month high of $62.30.

Enterprise Financial Services (NASDAQ:EFSC) last announced its quarterly 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 company had revenue of $190.95 million for the quarter, compared to analyst estimates of $188.54 million. On average, equities 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 announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, March 13th. This is an increase from Enterprise Financial Services’s previous quarterly dividend of $0.32. Enterprise Financial Services’s dividend payout ratio (DPR) is presently 24.86%.

Enterprise Financial Services Company 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.