Eagle Financial Services (NASDAQ:EFSI) Rating Lowered to “Hold” at Freedom Capital

Eagle Financial Services (NASDAQ:EFSI) was downgraded by equities research analysts at Freedom Capital from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Several other equities analysts have also weighed in on the stock. Keefe, Bruyette & Woods increased their price objective on shares of Eagle Financial Services from $42.00 to $43.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Loop Capital set a $43.00 price target on shares of Eagle Financial Services in a research note on Monday. Weiss Ratings reissued a “hold (c+)” rating on shares of Eagle Financial Services in a report on Monday, December 29th. DA Davidson cut Eagle Financial Services from a “strong-buy” rating to a “hold” rating in a report on Monday, October 20th. Finally, Capital One Financial set a $43.00 target price on Eagle Financial Services in a research report on Monday. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $42.25.

Eagle Financial Services Stock Performance

Shares of NASDAQ EFSI opened at $38.90 on Monday. 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 12 month low of $28.70 and a 12 month high of $41.12. The stock has a 50 day moving average of $39.46 and a 200-day moving average of $37.39. The company has a market capitalization of $209.28 million, a P/E ratio of 29.92 and a beta of 0.20.

Eagle Financial Services (NASDAQ:EFSI) last posted its quarterly earnings results on Monday, January 26th. The company reported $0.81 earnings per share 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 for the quarter.

Institutional Investors Weigh In On Eagle Financial Services

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in Eagle Financial Services by 105.3% during the 3rd quarter. Vanguard Group Inc. now owns 306,800 shares of the company’s stock worth $11,606,000 after acquiring an additional 157,331 shares during the period. Fourthstone LLC lifted its position in shares of Eagle Financial Services by 3.6% during the 2nd quarter. Fourthstone LLC now owns 281,262 shares of the company’s stock valued at $8,612,000 after acquiring an additional 9,898 shares during the period. Graham Capital Wealth Management LLC grew its holdings in shares of Eagle Financial Services by 5.3% during the 3rd quarter. Graham Capital Wealth Management LLC now owns 129,918 shares of the company’s stock worth $4,915,000 after purchasing an additional 6,580 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Eagle Financial Services by 148.9% in the second quarter. Geode Capital Management LLC now owns 106,571 shares of the company’s stock worth $3,264,000 after purchasing an additional 63,756 shares during the period. Finally, UBS Group AG raised its stake in Eagle Financial Services by 2,935.5% in the fourth quarter. UBS Group AG now owns 73,094 shares of the company’s stock valued at $2,909,000 after purchasing an additional 70,686 shares in the last quarter. 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.