Entegra Financial Corp. (NASDAQ:ENFC) shares hit a new 52-week high on Wednesday . The company traded as high as $26.20 and last traded at $26.15, with a volume of 9,122 shares changing hands. The stock had previously closed at $25.70.

Separately, Compass Point cut Entegra Financial Corp. from a “buy” rating to a “neutral” rating in a report on Tuesday, June 27th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $27.25.

The stock has a market cap of $170.49 million, a PE ratio of 22.76 and a beta of 0.32. The firm’s 50-day moving average price is $23.90 and its 200 day moving average price is $23.53.

Several hedge funds and other institutional investors have recently bought and sold shares of ENFC. Vanguard Group Inc. increased its stake in shares of Entegra Financial Corp. by 49.8% in the second quarter. Vanguard Group Inc. now owns 269,159 shares of the bank’s stock worth $6,123,000 after acquiring an additional 89,510 shares during the last quarter. State Street Corp acquired a new position in shares of Entegra Financial Corp. in the second quarter worth $1,396,000. Northern Trust Corp acquired a new position in Entegra Financial Corp. during the second quarter worth $1,347,000. Bank of New York Mellon Corp acquired a new position in Entegra Financial Corp. during the second quarter worth $509,000. Finally, TIAA CREF Investment Management LLC acquired a new position in Entegra Financial Corp. during the second quarter worth $362,000. 49.94% of the stock is currently owned by institutional investors and hedge funds.

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About Entegra Financial Corp.

Entegra Financial Corp. is the holding company for Entegra Bank. The Company provides a range of financial services through full-service offices located in Cherokee, Henderson, Jackson, Macon, Polk and Transylvania counties, North Carolina and Anderson, Greenville, and Spartanburg counties, South Carolina.

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