Eagle Financial Services Inc. (NASDAQ:EFSI) Announces Quarterly Dividend of $0.31

Eagle Financial Services Inc. (NASDAQ:EFSI) announced a quarterly dividend on Thursday, April 23rd. Stockholders of record on Monday, May 4th will be given a dividend of 0.31 per share on Friday, May 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Monday, May 4th.

Eagle Financial Services has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 14 years.

Eagle Financial Services Stock Performance

EFSI opened at $39.29 on Friday. The stock has a market cap of $212.56 million, a PE ratio of 30.22 and a beta of 0.19. 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 has a 1 year low of $28.70 and a 1 year high of $41.12. The stock’s 50 day simple moving average is $36.01 and its 200-day simple moving average is $37.36.

Eagle Financial Services (NASDAQ:EFSI) last released its quarterly earnings data on Thursday, April 23rd. The company reported $0.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.17). The firm had revenue of $20.85 billion for the quarter, compared to the consensus estimate of $21.18 million. Eagle Financial Services had a net margin of 7.76% and a return on equity of 9.87%. Sell-side analysts forecast that Eagle Financial Services will post 3.45 EPS for the current year.

Insider Buying and Selling

In other Eagle Financial Services news, Director Scott M. Hamberger acquired 909 shares of Eagle Financial Services stock in a transaction on Wednesday, March 11th. The shares were bought at an average price of $33.00 per share, with a total value of $29,997.00. Following the completion of the purchase, the director owned 2,550 shares in the company, valued at $84,150. This trade represents a 55.39% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 8.70% of the company’s stock.

Hedge Funds Weigh In On Eagle Financial Services

A number of institutional investors and hedge funds have recently bought and sold shares of EFSI. Fourthstone LLC boosted its stake 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 purchasing 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 third quarter. Vanguard Group Inc. now owns 306,800 shares of the company’s stock valued at $11,606,000 after acquiring an additional 157,331 shares during the period. UBS Group AG lifted its stake in shares of Eagle Financial Services by 2,935.5% during 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 during the period. Geode Capital Management LLC lifted its stake in shares of 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, United Capital Financial Advisors LLC acquired a new position in shares of Eagle Financial Services during the third quarter valued at $613,000. Institutional investors and hedge funds own 0.31% of the company’s stock.

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.