Eagle Financial Services Inc. (NASDAQ:EFSI) Short Interest Down 27.6% in February

Eagle Financial Services Inc. (NASDAQ:EFSI) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 68,670 shares, a decrease of 27.6% from the January 29th total of 94,817 shares. Approximately 1.5% of the shares of the stock are sold short. Based on an average daily volume of 14,820 shares, the days-to-cover ratio is currently 4.6 days. Based on an average daily volume of 14,820 shares, the days-to-cover ratio is currently 4.6 days. Approximately 1.5% of the shares of the stock are sold short.

Analyst Ratings Changes

Several analysts have issued reports on EFSI shares. Freedom Capital lowered Eagle Financial Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Keefe, Bruyette & Woods boosted their price objective on shares of Eagle Financial Services from $42.00 to $43.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Zacks Research raised shares of Eagle Financial Services to a “hold” rating in a research note on Thursday. DA Davidson initiated coverage on shares of Eagle Financial Services in a report on Wednesday. They set a “neutral” rating and a $43.00 target price on the stock. Finally, Capital One Financial set a $43.00 price target on shares of Eagle Financial Services in a research note on Monday, February 9th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $43.00.

Eagle Financial Services Stock Down 5.6%

Shares of Eagle Financial Services stock opened at $34.71 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.04 and a current ratio of 1.04. Eagle Financial Services has a 52-week low of $28.70 and a 52-week high of $41.12. The company’s 50 day moving average price is $39.08 and its 200-day moving average price is $37.79. The stock has a market capitalization of $186.74 million, a price-to-earnings ratio of 26.70 and a beta of 0.20.

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

Eagle Financial Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Monday, February 2nd were paid a $0.31 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a $1.24 annualized dividend and a dividend yield of 3.6%. Eagle Financial Services’s dividend payout ratio (DPR) is presently 95.38%.

Institutional Investors Weigh In On Eagle Financial Services

A number of large investors have recently made changes to their positions in the business. Russell Investments Group Ltd. purchased a new stake in Eagle Financial Services in the third quarter worth $26,000. Police & Firemen s Retirement System of New Jersey bought a new position in Eagle Financial Services in the 2nd quarter worth $32,000. CWM LLC purchased a new stake in shares of Eagle Financial Services in the 3rd quarter worth about $45,000. BNP Paribas Financial Markets lifted its position in shares of Eagle Financial Services by 82.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,188 shares of the company’s stock worth $45,000 after purchasing an additional 538 shares during the period. Finally, Daytona Street Capital LLC bought a new stake in shares of Eagle Financial Services during the 4th quarter valued at about $60,000. 0.31% of the stock is currently owned by institutional investors.

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.