Enterprise Financial Services (NASDAQ:EFSCP) Stock Price Up 0.9% – Here’s What Happened

Enterprise Financial Services Corp (NASDAQ:EFSCP)’s stock price rose 0.9% during mid-day trading on Tuesday . The company traded as high as $19.21 and last traded at $19.43. Approximately 228 shares traded hands during trading, a decline of 93% from the average daily volume of 3,078 shares. The stock had previously closed at $19.25.

Enterprise Financial Services Stock Performance

The business has a 50 day moving average of $18.36 and a 200-day moving average of $19.42.

Enterprise Financial Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 15th. Shareholders of record on Friday, May 30th will be paid a $0.3125 dividend. This represents a $1.25 annualized dividend and a yield of 6.44%. The ex-dividend date of this dividend is Friday, May 30th.

Institutional Trading of Enterprise Financial Services

A hedge fund recently raised its stake in Enterprise Financial Services stock. Jag Capital Management LLC lifted its stake in Enterprise Financial Services Corp (NASDAQ:EFSCP) by 12.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,850 shares of the company’s stock after buying an additional 1,400 shares during the period. Jag Capital Management LLC’s holdings in Enterprise Financial Services were worth $241,000 as of its most recent SEC filing.

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.