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JPMorgan Chase & Co. Sells 22,502 Shares of Enterprise Financial Services Corporation $EFSC
JPMorgan Chase & Co. reduced its stake in Enterprise Financial Services Corporation (NASDAQ:EFSC) by 5.4% in the third quarter, selling 22,502 shares and a remaining 394,320 shares valued at $22,863,000. Other institutional investors also adjusted their holdings, while Enterprise Financial Services reported mixed earnings, missed analysts’ EPS estimates by $0.01, but beat revenue expectations. The company also increased its quarterly dividend to $0.33 per share, representing a $1.32 annualized dividend and a 2.4% yield.