Eagle Financial Services Inc. $EFSI Shares Purchased by UBS Group AG

UBS Group AG increased its stake in shares of Eagle Financial Services Inc. (NASDAQ:EFSI) by 2,935.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,094 shares of the company’s stock after acquiring an additional 70,686 shares during the period. UBS Group AG owned about 1.36% of Eagle Financial Services worth $2,909,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of EFSI. Russell Investments Group Ltd. acquired a new stake in Eagle Financial Services in the third quarter valued at approximately $26,000. BNP Paribas Financial Markets grew its holdings in Eagle Financial Services by 82.8% in the third quarter. BNP Paribas Financial Markets now owns 1,188 shares of the company’s stock valued at $45,000 after purchasing an additional 538 shares during the period. Daytona Street Capital LLC acquired a new stake in Eagle Financial Services in the fourth quarter valued at approximately $60,000. JPMorgan Chase & Co. acquired a new stake in Eagle Financial Services in the second quarter valued at approximately $67,000. Finally, Raymond James Financial Inc. acquired a new stake in Eagle Financial Services in the second quarter valued at approximately $83,000. 0.31% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on the company. Zacks Research lowered Eagle Financial Services from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 12th. Freedom Capital raised Eagle Financial Services from a “hold” rating to a “strong-buy” rating in a report on Friday, May 15th. DA Davidson reissued a “neutral” rating and issued a $40.00 price objective on shares of Eagle Financial Services in a report on Monday, May 11th. Keefe, Bruyette & Woods raised 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. Finally, Weiss Ratings raised Eagle Financial Services from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Eagle Financial Services presently has a consensus rating of “Hold” and a consensus price target of $42.25.

Insider Buying and Selling at Eagle Financial Services

In other news, Director Scott M. Hamberger bought 909 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were acquired 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 directly owned 2,550 shares in the company, valued at $84,150. The trade was a 55.39% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 7.12% of the stock is currently owned by company insiders.

Eagle Financial Services Stock Performance

NASDAQ EFSI opened at $39.12 on Tuesday. The company has a market cap of $211.64 million, a PE ratio of 11.11 and a beta of 0.22. The stock’s 50 day simple moving average is $36.66 and its 200-day simple moving average is $37.52. Eagle Financial Services Inc. has a 1-year low of $28.70 and a 1-year high of $41.12. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.02 and a quick ratio of 1.02.

Eagle Financial Services (NASDAQ:EFSI) last released its earnings results on Thursday, April 23rd. The company reported $0.69 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.17). The firm had revenue of $20.85 million during the quarter, compared to analysts’ expectations of $21.18 million. Eagle Financial Services had a net margin of 15.81% and a return on equity of 10.17%. As a group, equities research analysts anticipate that Eagle Financial Services Inc. will post 3.12 EPS for the current fiscal year.

Eagle Financial Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Monday, May 4th. Eagle Financial Services’s dividend payout ratio (DPR) is 35.23%.

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.