Eagle Financial Services (NASDAQ:EFSI) Director Scott Hamberger Acquires 597 Shares

Eagle Financial Services Inc. (NASDAQ:EFSI) Director Scott Hamberger bought 597 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The stock was purchased at an average cost of $37.99 per share, with a total value of $22,680.03. Following the completion of the transaction, the director owned 10,064 shares in the company, valued at approximately $382,331.36. This trade represents a 6.31% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Eagle Financial Services Stock Performance

Shares of EFSI traded up $0.57 during mid-day trading on Tuesday, reaching $38.79. 17,030 shares of the company’s stock were exchanged, compared to its average volume of 15,709. The business’s fifty day simple moving average is $39.26 and its 200-day simple moving average is $37.16. Eagle Financial Services Inc. has a 52-week low of $28.70 and a 52-week high of $41.12. The stock has a market capitalization of $208.69 million, a PE ratio of 29.84 and a beta of 0.20. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.04 and a quick ratio of 1.04.

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

Eagle Financial Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Monday, February 2nd will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 3.2%. The ex-dividend date is Monday, February 2nd. Eagle Financial Services’s payout ratio is 95.38%.

Institutional Trading of Eagle Financial Services

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Eagle Financial Services by 105.3% during the 3rd quarter. Vanguard Group Inc. now owns 306,800 shares of the company’s stock worth $11,606,000 after buying an additional 157,331 shares during the last quarter. Fourthstone LLC grew its stake in Eagle Financial Services by 3.6% in the 2nd quarter. Fourthstone LLC now owns 281,262 shares of the company’s stock valued at $8,612,000 after acquiring an additional 9,898 shares during the last quarter. Graham Capital Wealth Management LLC increased its holdings in Eagle Financial Services by 5.3% during the 3rd quarter. Graham Capital Wealth Management LLC now owns 129,918 shares of the company’s stock valued at $4,915,000 after acquiring an additional 6,580 shares in the last quarter. Geode Capital Management LLC raised its position in 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 acquiring an additional 63,756 shares during the last quarter. Finally, UBS Group AG raised its position in Eagle Financial Services by 2,935.5% during the fourth quarter. UBS Group AG now owns 73,094 shares of the company’s stock worth $2,909,000 after acquiring an additional 70,686 shares during the last quarter. Institutional investors and hedge funds own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on EFSI. Keefe, Bruyette & Woods boosted their target price on Eagle Financial Services from $42.00 to $43.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Weiss Ratings reissued a “hold (c+)” rating on shares of Eagle Financial Services in a research note on Monday, December 29th. DA Davidson cut shares of Eagle Financial Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 20th. Finally, Wall Street Zen downgraded shares of Eagle Financial Services from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus 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.