Entegra Financial Corp. (NASDAQ:ENFC) insider Roger Plemens purchased 3,672 shares of the firm’s stock in a transaction on Wednesday, November 1st. The shares were acquired at an average price of $27.20 per share, with a total value of $99,878.40. Following the completion of the acquisition, the insider now owns 24,022 shares in the company, valued at approximately $653,398.40. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of Entegra Financial Corp. (NASDAQ:ENFC) traded up $0.20 on Friday, hitting $27.45. The stock had a trading volume of 17,798 shares, compared to its average volume of 15,344. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market capitalization of $175.68 million, a price-to-earnings ratio of 18.76 and a beta of 0.36.

Entegra Financial Corp. (NASDAQ:ENFC) last issued its earnings results on Thursday, October 19th. The bank reported $0.39 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.02. The company had revenue of $12.34 million during the quarter, compared to the consensus estimate of $12.86 million. Entegra Financial Corp. had a return on equity of 6.96% and a net margin of 16.06%. research analysts forecast that Entegra Financial Corp. will post 1.38 EPS for the current year.

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Several institutional investors and hedge funds have recently modified their holdings of ENFC. Acadian Asset Management LLC grew its stake in shares of Entegra Financial Corp. by 10.8% in the 2nd quarter. Acadian Asset Management LLC now owns 45,424 shares of the bank’s stock valued at $1,034,000 after buying an additional 4,418 shares during the period. Spark Investment Management LLC lifted its position in Entegra Financial Corp. by 12.7% in the 2nd quarter. Spark Investment Management LLC now owns 15,100 shares of the bank’s stock valued at $343,000 after acquiring an additional 1,700 shares in the last quarter. Schwab Charles Investment Management Inc. bought a new position in Entegra Financial Corp. in the 2nd quarter valued at about $230,000. Bank of New York Mellon Corp bought a new position in Entegra Financial Corp. in the 2nd quarter valued at about $509,000. Finally, Seizert Capital Partners LLC lifted its position in Entegra Financial Corp. by 49.1% in the 2nd quarter. Seizert Capital Partners LLC now owns 33,907 shares of the bank’s stock valued at $771,000 after acquiring an additional 11,171 shares in the last quarter. Institutional investors own 49.86% of the company’s stock.

Separately, Hovde Group raised their target price on Entegra Financial Corp. from $27.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday, October 26th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Entegra Financial Corp. has an average rating of “Buy” and an average target price of $29.50.

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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