Hudson Edge Investment Partners Inc. Has $121,000 Position in Enterprise Financial Services Corp (NASDAQ:EFSC)

Hudson Edge Investment Partners Inc. reduced its position in shares of Enterprise Financial Services Corp (NASDAQ:EFSCFree Report) by 66.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,152 shares of the bank’s stock after selling 4,254 shares during the period. Hudson Edge Investment Partners Inc.’s holdings in Enterprise Financial Services were worth $121,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in EFSC. Creative Planning lifted its holdings in Enterprise Financial Services by 18.4% during the 3rd quarter. Creative Planning now owns 43,832 shares of the bank’s stock worth $2,247,000 after purchasing an additional 6,802 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its holdings in Enterprise Financial Services by 55.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,317 shares of the bank’s stock worth $513,000 after purchasing an additional 3,691 shares during the last quarter. Semanteon Capital Management LP acquired a new stake in Enterprise Financial Services during the 3rd quarter worth approximately $267,000. US Bancorp DE lifted its holdings in Enterprise Financial Services by 46.2% during the 3rd quarter. US Bancorp DE now owns 3,873 shares of the bank’s stock worth $199,000 after purchasing an additional 1,223 shares during the last quarter. Finally, F M Investments LLC lifted its holdings in Enterprise Financial Services by 0.8% during the 3rd quarter. F M Investments LLC now owns 218,978 shares of the bank’s stock worth $11,225,000 after purchasing an additional 1,835 shares during the last quarter. 72.21% of the stock is owned by institutional investors and hedge funds.

Enterprise Financial Services Price Performance

Enterprise Financial Services stock opened at $59.25 on Friday. The stock’s fifty day moving average price is $58.07 and its two-hundred day moving average price is $55.26. Enterprise Financial Services Corp has a one year low of $37.28 and a one year high of $63.13. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a market cap of $2.20 billion, a PE ratio of 12.24 and a beta of 0.99.

Enterprise Financial Services (NASDAQ:EFSCGet Free Report) last posted its quarterly earnings data on Monday, January 27th. The bank reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.14. Enterprise Financial Services had a return on equity of 10.94% and a net margin of 20.12%. As a group, research analysts expect that Enterprise Financial Services Corp will post 4.97 EPS for the current fiscal year.

Enterprise Financial Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.29 dividend. This is a positive change from Enterprise Financial Services’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.16 annualized dividend and a dividend yield of 1.96%. Enterprise Financial Services’s dividend payout ratio (DPR) is presently 23.97%.

Analysts Set New Price Targets

EFSC has been the subject of several research reports. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $70.00 price target (up from $68.00) on shares of Enterprise Financial Services in a report on Wednesday, January 29th. DA Davidson raised their price objective on Enterprise Financial Services from $67.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, January 29th.

Check Out Our Latest Stock Analysis on Enterprise Financial Services

Enterprise Financial Services Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Enterprise Financial Services (NASDAQ:EFSC)

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