Pl Capital Advisors LLC Has Decreased Its Stake in Enterprise Finl Svcs (EFSC) as Share Price Declined

September 17, 2017 - By Ellis Scott

Investors sentiment decreased to 1.31 in Q4 2016. Its down 0.34, from 1.65 in 2016Q3. It worsened, as 10 investors sold EFSC shares while 44 reduced holdings. 21 funds opened positions while 50 raised stakes. 14.54 million shares or 5.39% more from 13.79 million shares in 2016Q3 were reported. Moneta Group Advsr Limited Liability Corp holds 0.72% in Enterprise Financial Services Corp (NASDAQ:EFSC) or 82,095 shares. Federated Pa owns 0.01% invested in Enterprise Financial Services Corp (NASDAQ:EFSC) for 74,292 shares. Royal Bancshares Of Canada invested in 0% or 60,352 shares. Swiss Bank holds 33,664 shares or 0% of its portfolio. Ubs Asset Management Americas accumulated 7,600 shares. Group has 11,037 shares for 0% of their portfolio. Blackrock Limited Liability accumulated 0% or 10,655 shares. Tower Rech Limited Com (Trc) stated it has 0% in Enterprise Financial Services Corp (NASDAQ:EFSC). Century Cos holds 96,889 shares. Mufg Americas Corp owns 46 shares or 0% of their US portfolio. Secor Cap LP owns 0.14% invested in Enterprise Financial Services Corp (NASDAQ:EFSC) for 25,970 shares. Salzhauer Michael holds 0.58% in Enterprise Financial Services Corp (NASDAQ:EFSC) or 27,345 shares. Bowling Portfolio Mngmt Llc holds 17,893 shares or 0.11% of its portfolio. Moreover, Commerce Bancorp has 0.06% invested in Enterprise Financial Services Corp (NASDAQ:EFSC). Tfs Limited Liability Company holds 0.1% or 8,538 shares in its portfolio.

Since March 21, 2017, it had 0 insider buys, and 5 sales for $1.99 million activity. On Tuesday, May 2 the insider BENOIST PETER sold $445,657. The insider MURPHY JAMES sold 10,330 shares worth $434,463. BAUCHE DOUGLAS had sold 1,200 shares worth $51,000.

Pl Capital Advisors Llc decreased its stake in Enterprise Finl Svcs (EFSC) by 30.59% based on its latest 2016Q4 regulatory filing with the SEC. Pl Capital Advisors Llc sold 235,636 shares as the company’s stock declined 10.32% while stock markets rallied. The institutional investor held 534,646 shares of the major banks company at the end of 2016Q4, valued at $22.99 million, down from 770,282 at the end of the previous reported quarter. Pl Capital Advisors Llc who had been investing in Enterprise Finl Svcs for a number of months, seems to be less bullish one the $918.58 million market cap company. The stock increased 0.64% or $0.25 on September 15, reaching $39.15. About 249,644 shares traded or 121.17% up from the average. Enterprise Financial Services Corp (NASDAQ:EFSC) has risen 51.30% since September 17, 2016 and is uptrending. It has outperformed by 34.60% the S&P500.

Analysts await Enterprise Financial Services Corp (NASDAQ:EFSC) to report earnings on October, 23. They expect $0.68 earnings per share, up 15.25 % or $0.09 from last year’s $0.59 per share. EFSC’s profit will be $15.95M for 14.39 P/E if the $0.68 EPS becomes a reality. After $0.56 actual earnings per share reported by Enterprise Financial Services Corp for the previous quarter, Wall Street now forecasts 21.43 % EPS growth.

Enterprise Financial Services Corp (NASDAQ:EFSC) Ratings Coverage

Among 3 analysts covering Enterprise Financial Services (NASDAQ:EFSC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Enterprise Financial Services has $5000 highest and $29 lowest target. $43’s average target is 9.83% above currents $39.15 stock price. Enterprise Financial Services had 8 analyst reports since October 23, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, June 1 by Keefe Bruyette & Woods. The stock of Enterprise Financial Services Corp (NASDAQ:EFSC) earned “Overweight” rating by Piper Jaffray on Monday, July 11. Piper Jaffray maintained the stock with “Buy” rating in Thursday, July 13 report. DA Davidson maintained it with “Neutral” rating and $34 target in Wednesday, October 12 report. The stock of Enterprise Financial Services Corp (NASDAQ:EFSC) has “Neutral” rating given on Thursday, November 12 by DA Davidson.

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