Short Interest in Eagle Financial Services Inc. (NASDAQ:EFSI) Increases By 32.5%

Eagle Financial Services Inc. (NASDAQ:EFSI) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 82,079 shares, a growth of 32.5% from the December 31st total of 61,941 shares. Based on an average daily trading volume, of 15,041 shares, the short-interest ratio is presently 5.5 days. Approximately 1.7% of the company’s stock are sold short. Approximately 1.7% of the company’s stock are sold short. Based on an average daily trading volume, of 15,041 shares, the short-interest ratio is presently 5.5 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Russell Investments Group Ltd. acquired a new stake in Eagle Financial Services during the 3rd quarter worth $26,000. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Eagle Financial Services during the second quarter worth about $32,000. BNP Paribas Financial Markets increased its position in shares of 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 purchasing an additional 538 shares in the last quarter. CWM LLC acquired a new stake in shares of Eagle Financial Services during the third quarter worth about $45,000. Finally, Daytona Street Capital LLC purchased a new stake in shares of Eagle Financial Services in the 4th quarter valued at about $60,000. Institutional investors and hedge funds own 0.31% of the company’s stock.

Eagle Financial Services Stock Up 1.3%

Eagle Financial Services stock opened at $38.72 on Wednesday. The stock has a market cap of $208.31 million, a PE ratio of 29.78 and a beta of 0.20. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.04 and a quick ratio of 1.04. The stock’s fifty day moving average is $39.30 and its two-hundred day moving average is $37.20. Eagle Financial Services has a 1-year low of $28.70 and a 1-year high of $41.12.

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

Eagle Financial Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Monday, February 2nd will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 3.2%. The ex-dividend date is Monday, February 2nd. Eagle Financial Services’s dividend payout ratio is currently 95.38%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on EFSI shares. Wall Street Zen lowered Eagle Financial Services from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Keefe, Bruyette & Woods boosted their target price on Eagle Financial Services from $42.00 to $43.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Weiss Ratings restated a “hold (c+)” rating on shares of Eagle Financial Services in a report on Monday, December 29th. Finally, DA Davidson cut Eagle Financial Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 20th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $41.50.

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.