Susquehanna International Group LLP Purchases Shares of 28,909 Eagle Financial Services Inc. $EFSI

Susquehanna International Group LLP acquired a new position in shares of Eagle Financial Services Inc. (NASDAQ:EFSI) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 28,909 shares of the company’s stock, valued at approximately $1,199,000.

Several other institutional investors and hedge funds also recently made changes to their positions in EFSI. Millennium Management LLC increased its stake in shares of Eagle Financial Services by 2.2% during the third quarter. Millennium Management LLC now owns 13,581 shares of the company’s stock worth $514,000 after purchasing an additional 288 shares during the period. Wells Fargo & Company MN grew its holdings in Eagle Financial Services by 4.4% in the 4th quarter. Wells Fargo & Company MN now owns 10,771 shares of the company’s stock valued at $429,000 after buying an additional 458 shares in the last quarter. BNP Paribas Financial Markets increased its position in Eagle Financial Services by 82.8% during the 3rd 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 period. AQR Capital Management LLC increased its position in Eagle Financial Services by 4.1% during the 4th quarter. AQR Capital Management LLC now owns 15,220 shares of the company’s stock worth $606,000 after buying an additional 601 shares during the period. Finally, Russell Investments Group Ltd. acquired a new stake in shares of Eagle Financial Services during the third quarter worth $26,000. Institutional investors and hedge funds own 0.31% of the company’s stock.

Eagle Financial Services Price Performance

Eagle Financial Services stock opened at $41.53 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.01 and a current ratio of 1.02. Eagle Financial Services Inc. has a 52 week low of $31.44 and a 52 week high of $45.44. The stock has a market capitalization of $224.68 million, a P/E ratio of 12.00 and a beta of 0.23. The stock has a fifty day moving average of $41.67 and a 200-day moving average of $38.97.

Eagle Financial Services (NASDAQ:EFSI) last released its quarterly earnings data on Thursday, July 23rd. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.37). The business had revenue of $25.56 million during the quarter, compared to analyst estimates of $21.29 million. Eagle Financial Services had a net margin of 15.16% and a return on equity of 8.38%. On average, sell-side analysts expect that Eagle Financial Services Inc. will post 2.71 earnings per share for the current fiscal year.

Eagle Financial Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.24 annualized dividend and a dividend yield of 3.0%. Eagle Financial Services’s payout ratio is 35.84%.

Wall Street Analyst Weigh In

A number of research firms recently commented on EFSI. Weiss Ratings raised shares of Eagle Financial Services from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, June 26th. Wall Street Zen lowered shares of Eagle Financial Services from a “sell” rating to a “strong sell” rating in a research report on Saturday. Zacks Research downgraded shares of Eagle Financial Services from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. DA Davidson reiterated a “neutral” rating and issued a $40.00 price target on shares of Eagle Financial Services in a research note on Monday, July 27th. Finally, Freedom Broker lowered Eagle Financial Services from a “strong-buy” rating to a “hold” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $42.25.

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.