Bridgeway Capital Management LLC Has $13.18 Million Stock Position in Enterprise Financial Services Corp (NASDAQ:EFSC)

Bridgeway Capital Management LLC lifted its holdings in Enterprise Financial Services Corp (NASDAQ:EFSC - Free Report) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 233,682 shares of the bank's stock after buying an additional 5,954 shares during the period. Bridgeway Capital Management LLC owned about 0.63% of Enterprise Financial Services worth $13,180,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. PL Capital Advisors LLC boosted its holdings in shares of Enterprise Financial Services by 5,540.0% during the fourth quarter. PL Capital Advisors LLC now owns 39,695,956 shares of the bank's stock worth $2,238,852,000 after purchasing an additional 38,992,127 shares during the period. Dimensional Fund Advisors LP lifted its position in Enterprise Financial Services by 2.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,215,368 shares of the bank's stock worth $124,947,000 after buying an additional 54,987 shares in the last quarter. Vanguard Group Inc. lifted its position in Enterprise Financial Services by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 2,089,008 shares of the bank's stock worth $117,820,000 after buying an additional 13,724 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Enterprise Financial Services by 12.9% during the 4th quarter. American Century Companies Inc. now owns 847,939 shares of the bank's stock valued at $47,824,000 after buying an additional 96,822 shares during the period. Finally, William Blair Investment Management LLC grew its holdings in shares of Enterprise Financial Services by 2.5% during the 4th quarter. William Blair Investment Management LLC now owns 694,316 shares of the bank's stock valued at $39,159,000 after acquiring an additional 16,922 shares in the last quarter. 72.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on EFSC. DA Davidson reduced their price objective on Enterprise Financial Services from $70.00 to $65.00 and set a "buy" rating for the company in a research report on Wednesday, April 30th. Keefe, Bruyette & Woods reduced their price target on Enterprise Financial Services from $69.00 to $66.00 and set an "outperform" rating for the company in a report on Wednesday, April 30th.

Enterprise Financial Services Stock Down 0.9 %

Enterprise Financial Services stock traded down $0.51 during mid-day trading on Friday, hitting $53.39. 180,261 shares of the company's stock were exchanged, compared to its average volume of 177,795. Enterprise Financial Services Corp has a 1-year low of $37.28 and a 1-year high of $63.13. The stock has a 50 day moving average of $52.29 and a two-hundred day moving average of $56.06. The stock has a market cap of $1.97 billion, a P/E ratio of 11.03 and a beta of 0.85. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.27.

Enterprise Financial Services (NASDAQ:EFSC - Get Free Report) last posted its earnings results on Monday, April 28th. The bank reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.14. Enterprise Financial Services had a return on equity of 10.94% and a net margin of 20.12%. The firm had revenue of $18.48 million during the quarter, compared to analyst estimates of $162.83 million. As a group, analysts anticipate that Enterprise Financial Services Corp will post 4.97 EPS for the current fiscal year.

Enterprise Financial Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.25%. The ex-dividend date is Monday, June 16th. This is a boost from Enterprise Financial Services's previous quarterly dividend of $0.29. Enterprise Financial Services's payout ratio is currently 23.53%.

Insider Activity

In other news, Director James M. Havel sold 5,525 shares of the business's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $58.47, for a total transaction of $323,046.75. Following the transaction, the director now owns 15,447 shares in the company, valued at approximately $903,186.09. The trade was a 26.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.20% of the stock is owned by company insiders.

Enterprise Financial Services Company Profile

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.