Eagle Financial Services Inc. (NASDAQ:EFSI) Receives Average Rating of “Hold” from Analysts

Eagle Financial Services Inc. (NASDAQ:EFSI) has been assigned a consensus recommendation of “Hold” from the five brokerages that are covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $43.00.

EFSI has been the topic of a number of research analyst reports. Loop Capital set a $43.00 price target on Eagle Financial Services in a report on Monday, February 9th. Keefe, Bruyette & Woods increased their price objective on Eagle Financial Services from $42.00 to $43.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Zacks Research upgraded Eagle Financial Services to a “hold” rating in a research report on Thursday, February 26th. Capital One Financial set a $43.00 target price on Eagle Financial Services in a research note on Monday, February 9th. Finally, Weiss Ratings downgraded Eagle Financial Services from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday, March 17th.

Eagle Financial Services Stock Up 1.8%

Shares of NASDAQ:EFSI opened at $34.98 on Wednesday. The firm has a 50 day simple moving average of $36.41 and a 200 day simple moving average of $37.39. Eagle Financial Services has a 52 week low of $28.70 and a 52 week high of $41.12. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market cap of $189.24 million, a PE ratio of 26.91 and a beta of 0.21.

Eagle Financial Services (NASDAQ:EFSI) last posted its quarterly earnings data on Monday, January 26th. The company reported $0.81 earnings per share for the quarter. Eagle Financial Services had a net margin of 7.76% and a return on equity of 9.87%. The firm had revenue of $21.76 million for the quarter.

Eagle Financial Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Monday, February 2nd were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 3.5%. The ex-dividend date was Monday, February 2nd. Eagle Financial Services’s dividend payout ratio is currently 95.38%.

Insider Transactions at Eagle Financial Services

In related news, Director Scott M. Hamberger bought 909 shares of the business’s stock in a transaction on Wednesday, March 11th. The stock was bought at an average price of $33.00 per share, for a total transaction of $29,997.00. Following the transaction, the director directly owned 2,550 shares in the company, valued at $84,150. This represents a 55.39% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 12.28% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Eagle Financial Services

A number of hedge funds have recently modified their holdings of EFSI. Russell Investments Group Ltd. purchased a new stake in shares of Eagle Financial Services during the third quarter worth $26,000. Police & Firemen s Retirement System of New Jersey purchased a new position in Eagle Financial Services in the second quarter valued at about $32,000. BNP Paribas Financial Markets increased its position in Eagle Financial Services by 82.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,188 shares of the company’s stock worth $45,000 after purchasing an additional 538 shares during the last quarter. CWM LLC acquired a new position in Eagle Financial Services in the 3rd quarter worth about $45,000. Finally, Daytona Street Capital LLC purchased a new stake in shares of Eagle Financial Services during the 4th quarter worth about $60,000. 0.31% of the stock is owned by institutional investors and hedge funds.

Eagle Financial Services Company Profile

Eagle Financial Services, Inc (NASDAQ: EFSI) is the bank holding company for Eagle National Bank, a community-oriented financial institution headquartered in Fredericksburg, Virginia. The company offers a broad range of retail and commercial banking solutions, focusing on personalized service for individuals, small businesses, and nonprofit organizations. Through its subsidiary, Eagle National Bank, it maintains a commitment to local decision-making and relationship-driven service.

Eagle Financial Services provides deposit products including checking and savings accounts, money market funds, certificates of deposit, and individual retirement accounts.