Enterprise Financial Services (NASDAQ:EFSCP) Trading 1% Higher – What’s Next?

Enterprise Financial Services Corp (NASDAQ:EFSCP) traded up 1% during mid-day trading on Monday . The stock traded as high as $20.27 and last traded at $19.50. 1,985 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 2,203 shares. The stock had previously closed at $19.30.

Enterprise Financial Services Trading Down 0.2%

The company’s 50 day moving average price is $20.11 and its 200 day moving average price is $20.08.

Enterprise Financial Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Sunday, March 15th. Stockholders of record on Friday, February 27th were paid a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 6.5%. The ex-dividend date was Friday, February 27th.

Institutional Investors Weigh In On Enterprise Financial Services

An institutional investor recently raised its position in Enterprise Financial Services stock. Jag Capital Management LLC lifted its stake in shares of Enterprise Financial Services Corp (NASDAQ:EFSCP) by 3.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,750 shares of the company’s stock after buying an additional 500 shares during the period. Jag Capital Management LLC’s holdings in Enterprise Financial Services were worth $304,000 at the end of the most recent quarter.

Enterprise Financial Services Company Profile

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.