Shares of Entegra Financial Corp. (NASDAQ:ENFC) have been assigned a consensus recommendation of “Buy” from the six brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $32.00.

Separately, Hovde Group increased their target price on shares of Entegra Financial from $27.00 to $32.00 and gave the company an “outperform” rating in a research report on Thursday, October 26th.

In other news, insider Roger Plemens bought 3,672 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The stock was bought at an average price of $27.20 per share, with a total value of $99,878.40. Following the completion of the transaction, the insider now directly owns 24,022 shares of the company’s stock, valued at approximately $653,398.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.57% of the company’s stock.

Large investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company lifted its position in Entegra Financial by 11,400.0% during the second quarter. The Manufacturers Life Insurance Company now owns 6,325 shares of the bank’s stock valued at $144,000 after acquiring an additional 6,270 shares during the last quarter. New York State Common Retirement Fund purchased a new stake in Entegra Financial during the second quarter valued at approximately $152,000. Bessemer Group Inc. lifted its position in Entegra Financial by 228.6% during the third quarter. Bessemer Group Inc. now owns 6,900 shares of the bank’s stock valued at $172,000 after acquiring an additional 4,800 shares during the last quarter. Dimensional Fund Advisors LP purchased a new stake in Entegra Financial during the third quarter valued at approximately $202,000. Finally, Alpine Woods Capital Investors LLC purchased a new stake in Entegra Financial during the third quarter valued at approximately $225,000. 47.67% of the stock is owned by institutional investors.

Shares of Entegra Financial (NASDAQ ENFC) remained flat at $$28.10 on Monday. The company had a trading volume of 4,293 shares, compared to its average volume of 14,732. Entegra Financial has a twelve month low of $19.10 and a twelve month high of $28.65. The stock has a market cap of $192.61, a PE ratio of 19.38 and a beta of 0.36. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 1.73.

Entegra Financial (NASDAQ:ENFC) last announced its quarterly earnings results on Thursday, October 19th. The bank reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.02. Entegra Financial had a net margin of 16.06% and a return on equity of 6.87%. The firm had revenue of $12.34 million during the quarter, compared to analysts’ expectations of $12.86 million. analysts anticipate that Entegra Financial will post 1.38 earnings per share for the current year.

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Entegra Financial Company Profile

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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