Enterprise Financial Services (NASDAQ:EFSCP) Stock Price Up 0.5% – Here’s What Happened

Shares of Enterprise Financial Services Corp (NASDAQ:EFSCPGet Free Report) rose 0.5% during mid-day trading on Thursday . The stock traded as high as $24.08 and last traded at $21.4170. Approximately 6,509 shares changed hands during mid-day trading, an increase of 175% from the average daily volume of 2,370 shares. The stock had previously closed at $21.30.

Enterprise Financial Services Price Performance

The firm’s fifty day moving average price is $19.98 and its 200-day moving average price is $20.06.

Enterprise Financial Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a $0.3125 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.25 annualized dividend and a dividend yield of 5.8%.

Institutional Investors Weigh In On Enterprise Financial Services

A hedge fund recently raised its stake in Enterprise Financial Services stock. Jag Capital Management LLC boosted its stake in Enterprise Financial Services Corp (NASDAQ:EFSCPFree Report) by 3.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,750 shares of the company’s stock after acquiring an additional 500 shares during the quarter. Jag Capital Management LLC’s holdings in Enterprise Financial Services were worth $304,000 as of its most recent SEC filing.

About Enterprise Financial Services

(Get Free Report)

Enterprise Financial Services Corp (NASDAQ:EFSCP) is a bank holding company headquartered in Clayton, Missouri. Through its wholly owned subsidiary, Enterprise Bank & Trust, the company offers a range of financial services to small and midsize businesses, as well as high-net-worth individuals. Its core products include commercial and industrial lending, real estate financing, treasury and cash management, and trust and wealth management services.

Since its inception, the company has expanded its footprint across multiple states including Missouri, Illinois, Kansas, Oklahoma, Texas, Arizona, California, Arkansas, Tennessee, and Florida.

Further Reading

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