Eagle Financial Services (NASDAQ:EFSI) Director Acquires $22,680.03 in Stock

Eagle Financial Services Inc. (NASDAQ:EFSI) Director Scott Hamberger acquired 597 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were bought at an average cost of $37.99 per share, for a total transaction of $22,680.03. Following the completion of the acquisition, the director directly owned 10,064 shares of the company’s stock, valued at approximately $382,331.36. The trade was a 6.31% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Eagle Financial Services Stock Performance

Shares of EFSI stock opened at $39.16 on Friday. The business has a fifty day moving average of $39.38 and a 200 day moving average of $37.22. Eagle Financial Services Inc. has a 1 year low of $28.70 and a 1 year high of $41.12. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a market capitalization of $210.68 million, a price-to-earnings ratio of 30.12 and a beta of 0.20.

Eagle Financial Services (NASDAQ:EFSI) last announced its quarterly earnings data on Monday, January 26th. The company reported $0.81 earnings per share for the quarter. Eagle Financial Services had a return on equity of 9.99% and a net margin of 7.76%.The business had revenue of $21.76 million for the quarter.

Eagle Financial Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Monday, February 2nd will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $1.24 dividend on an annualized basis and a yield of 3.2%. Eagle Financial Services’s dividend payout ratio (DPR) is currently 95.38%.

Institutional Inflows and Outflows

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

Analyst Ratings Changes

Several brokerages recently issued reports on EFSI. Wall Street Zen cut shares of Eagle Financial Services from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Keefe, Bruyette & Woods increased their price target on Eagle Financial Services from $42.00 to $43.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Weiss Ratings reissued a “hold (c+)” rating on shares of Eagle Financial Services in a report on Monday, December 29th. Finally, DA Davidson lowered Eagle Financial Services from a “strong-buy” rating to a “hold” rating in a report on Monday, October 20th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $41.50.

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.