Key Points
- Insider purchase: Director Scott Hamberger bought 909 shares on March 11 at an average price of $33.00 for $29,997, raising his ownership to 2,550 shares (a 55.39% increase), as disclosed in an SEC filing.
- Valuation and dividend: EFSI trades around $32.50 with a market cap of $174.85M and a P/E of 25.00, and pays a quarterly dividend of $0.31 (annualized $1.24) for a yield of 3.8% with a payout ratio of 95.38%.
- Investor and analyst activity: Several institutions (notably Fourthstone and Vanguard) materially increased positions recently, while analysts show a mixed view—the consensus is "Hold" with an average price target of $43.00.
Eagle Financial Services Inc. (NASDAQ:EFSI - Get Free Report) Director Scott Hamberger acquired 909 shares of the stock in a transaction dated Wednesday, March 11th. The shares were bought at an average cost of $33.00 per share, for a total transaction of $29,997.00. Following the completion of the transaction, the director owned 2,550 shares in the company, valued at approximately $84,150. This represents a 55.39% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.
Eagle Financial Services Stock Performance
Eagle Financial Services stock traded up $0.08 during midday trading on Friday, hitting $32.50. The stock had a trading volume of 9,206 shares, compared to its average volume of 14,404. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.37. Eagle Financial Services Inc. has a 52-week low of $28.70 and a 52-week high of $41.12. The company has a market capitalization of $174.85 million, a PE ratio of 25.00 and a beta of 0.21. The firm's fifty day moving average is $38.02 and its two-hundred day moving average is $37.71.
Eagle Financial Services (NASDAQ:EFSI - Get Free Report) last posted its quarterly earnings results 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 9.99%. The business had revenue of $21.76 million during the quarter.
Eagle Financial Services Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Monday, February 2nd were given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Monday, February 2nd. Eagle Financial Services's payout ratio is presently 95.38%.
Institutional Trading of Eagle Financial Services
Institutional investors have recently added to or reduced their stakes in the company. Fourthstone LLC grew its stake in shares of Eagle Financial Services by 64.0% during the fourth quarter. Fourthstone LLC now owns 453,918 shares of the company's stock valued at $18,064,000 after buying an additional 177,132 shares during the last quarter. Vanguard Group Inc. grew its position in Eagle Financial Services by 105.3% in the 3rd quarter. Vanguard Group Inc. now owns 306,800 shares of the company's stock valued at $11,606,000 after acquiring an additional 157,331 shares during the last quarter. Graham Capital Wealth Management LLC bought a new position in Eagle Financial Services in the 2nd quarter valued at $3,777,000. UBS Group AG increased its stake in Eagle Financial Services by 2,935.5% in the fourth quarter. UBS Group AG now owns 73,094 shares of the company's stock worth $2,909,000 after purchasing an additional 70,686 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Eagle Financial Services by 148.9% during the second quarter. Geode Capital Management LLC now owns 106,571 shares of the company's stock worth $3,264,000 after purchasing an additional 63,756 shares during the last quarter. Institutional investors own 0.31% of the company's stock.
Wall Street Analysts Forecast Growth
EFSI has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods raised their price objective on Eagle Financial Services from $42.00 to $43.00 and gave the company an "outperform" rating in a research report on Thursday, January 29th. Capital One Financial set a $43.00 price target on Eagle Financial Services in a report on Monday, February 9th. Freedom Capital cut Eagle Financial Services from a "strong-buy" rating to a "hold" rating in a report on Monday, February 9th. DA Davidson assumed coverage on shares of Eagle Financial Services in a report on Wednesday, February 25th. They issued a "neutral" rating and a $43.00 target price for the company. Finally, Zacks Research upgraded shares of Eagle Financial Services to a "hold" rating in a research report on Thursday, February 26th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Eagle Financial Services currently has a consensus rating of "Hold" and an average price target of $43.00.
Read Our Latest Research Report on Eagle Financial Services
Eagle Financial Services Company Profile
(
Get Free Report)
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.
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