Eagle Financial Services Inc. (NASDAQ:EFSI) Short Interest Up 32.5% in January

Eagle Financial Services Inc. (NASDAQ:EFSI) saw a significant growth in short interest during 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. Approximately 1.7% of the shares of the company are short sold. Based on an average daily trading volume, of 15,041 shares, the days-to-cover ratio is presently 5.5 days. Based on an average daily trading volume, of 15,041 shares, the days-to-cover ratio is presently 5.5 days. Approximately 1.7% of the shares of the company are short sold.

Analyst Ratings Changes

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

Eagle Financial Services Price Performance

NASDAQ EFSI traded up $0.49 on Monday, reaching $38.80. The company’s stock had a trading volume of 16,781 shares, compared to its average volume of 15,417. Eagle Financial Services has a twelve month low of $28.70 and a twelve month high of $41.12. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.04 and a current ratio of 1.04. The firm’s 50 day moving average is $39.21 and its two-hundred day moving average is $37.13. The stock has a market cap of $208.59 million, a PE ratio of 29.85 and a beta of 0.21.

Eagle Financial Services (NASDAQ:EFSI) last released its earnings results on Monday, January 26th. The company reported $0.81 EPS for the quarter. The business had revenue of $21.76 million for 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $1.24 annualized dividend and a dividend yield of 3.2%. Eagle Financial Services’s dividend payout ratio (DPR) is currently 95.38%.

Institutional Investors Weigh In On Eagle Financial Services

Several hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. purchased a new position in Eagle Financial Services in the 3rd quarter worth about $26,000. Police & Firemen s Retirement System of New Jersey acquired a new position in shares of Eagle Financial Services in the second quarter worth about $32,000. BNP Paribas Financial Markets boosted its holdings in shares of Eagle Financial Services by 82.8% in the third 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. CWM LLC purchased a new position in shares of Eagle Financial Services in the third quarter worth approximately $45,000. Finally, Daytona Street Capital LLC acquired a new stake in shares of Eagle Financial Services during the fourth quarter valued at approximately $60,000. 0.31% of the stock is owned by hedge funds and other 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.