Eagle Financial Services Inc. (NASDAQ:EFSI) Receives Average Recommendation of “Hold” from Brokerages

Shares of Eagle Financial Services Inc. (NASDAQ:EFSI) have been assigned a consensus recommendation of “Hold” from the five ratings firms that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $43.00.

EFSI has been the topic of a number of analyst reports. Zacks Research raised Eagle Financial Services to a “hold” rating in a research report on Thursday. DA Davidson assumed coverage on shares of Eagle Financial Services in a research note on Wednesday. They issued a “neutral” rating and a $43.00 target price on the stock. Freedom Capital cut Eagle Financial Services from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Keefe, Bruyette & Woods boosted their price target on Eagle Financial Services from $42.00 to $43.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Finally, Capital One Financial set a $43.00 price objective on Eagle Financial Services in a research report on Monday, February 9th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of EFSI. Fourthstone LLC increased its position in Eagle Financial Services by 64.0% in the fourth quarter. Fourthstone LLC now owns 453,918 shares of the company’s stock worth $18,064,000 after buying an additional 177,132 shares in the last quarter. Vanguard Group Inc. lifted 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 valued at $11,606,000 after buying an additional 157,331 shares in the last quarter. Graham Capital Wealth Management LLC boosted its holdings in Eagle Financial Services by 5.3% in the 3rd quarter. Graham Capital Wealth Management LLC now owns 129,918 shares of the company’s stock worth $4,915,000 after buying an additional 6,580 shares during the period. Geode Capital Management LLC raised its holdings 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 valued at $3,264,000 after acquiring an additional 63,756 shares during the period. Finally, UBS Group AG lifted its position in shares of Eagle Financial Services by 2,935.5% in the fourth quarter. UBS Group AG now owns 73,094 shares of the company’s stock valued at $2,909,000 after acquiring an additional 70,686 shares in the last quarter. Hedge funds and other institutional investors own 0.31% of the company’s stock.

Eagle Financial Services Stock Performance

Eagle Financial Services stock opened at $34.71 on Friday. Eagle Financial Services has a fifty-two week low of $28.70 and a fifty-two week high of $41.12. The stock’s 50 day simple moving average is $39.08 and its two-hundred day simple moving average is $37.76. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.04 and a current ratio of 1.04. The stock has a market cap of $186.74 million, a price-to-earnings ratio of 26.70 and a beta of 0.20.

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

Eagle Financial Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Monday, February 2nd. Eagle Financial Services’s payout ratio is currently 95.38%.

About Eagle Financial Services

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.