Scott Hamberger Acquires 909 Shares of Eagle Financial Services (NASDAQ:EFSI) Stock

Eagle Financial Services Inc. (NASDAQ:EFSI) Director Scott Hamberger acquired 909 shares of the stock in a transaction dated Wednesday, March 11th. The shares were purchased at an average price of $33.00 per share, for a total transaction of $29,997.00. Following the completion of the transaction, the director owned 2,550 shares of the company’s stock, valued at $84,150. This trade represents a 55.39% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Eagle Financial Services Stock Performance

Shares of NASDAQ EFSI opened at $32.50 on Friday. The firm has a market capitalization of $174.85 million, a price-to-earnings ratio of 25.00 and a beta of 0.21. Eagle Financial Services Inc. has a one year low of $28.70 and a one year high of $41.12. The business has a fifty day simple moving average of $37.88 and a 200 day simple moving average of $37.68. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.37.

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

Eagle Financial Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, February 2nd. Eagle Financial Services’s dividend payout ratio (DPR) is presently 95.38%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EFSI. DA Davidson assumed coverage on shares of Eagle Financial Services in a research note on Wednesday, February 25th. They issued a “neutral” rating and a $43.00 target price on the stock. Weiss Ratings upgraded shares of Eagle Financial Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. Keefe, Bruyette & Woods lifted their price objective on Eagle Financial Services from $42.00 to $43.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Capital One Financial set a $43.00 price objective on Eagle Financial Services in a research note on Monday, February 9th. Finally, Zacks Research raised Eagle Financial Services to a “hold” rating in a report on Thursday, February 26th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Eagle Financial Services has a consensus rating of “Hold” and an average price target of $43.00.

Institutional Investors Weigh In On Eagle Financial Services

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

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.