16,192 Shares in Eagle Financial Services Inc. $EFSI Bought by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC acquired a new position in Eagle Financial Services Inc. (NASDAQ:EFSI) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 16,192 shares of the company’s stock, valued at approximately $671,000. United Capital Financial Advisors LLC owned approximately 0.30% of Eagle Financial Services at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EFSI. Fourthstone LLC boosted its holdings in shares of Eagle Financial Services by 64.0% during the 4th quarter. Fourthstone LLC now owns 453,918 shares of the company’s stock valued at $18,064,000 after buying an additional 177,132 shares in the last quarter. BlackRock Inc. bought a new position in shares of Eagle Financial Services in the 2nd quarter worth about $14,315,000. Vanguard Group Inc. increased its stake in shares of Eagle Financial Services by 105.3% in 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 in the last quarter. Geode Capital Management LLC lifted its position in Eagle Financial Services by 148.9% during the 2nd quarter. Geode Capital Management LLC now owns 106,571 shares of the company’s stock valued at $3,264,000 after acquiring an additional 63,756 shares during the period. Finally, UBS Group AG lifted its position in Eagle Financial Services by 2,935.5% during the 4th quarter. UBS Group AG now owns 73,094 shares of the company’s stock valued at $2,909,000 after acquiring an additional 70,686 shares during the period. Hedge funds and other institutional investors own 0.31% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on EFSI shares. Freedom Capital upgraded shares of Eagle Financial Services from a “hold” rating to a “strong-buy” rating in a report on Friday, May 15th. Freedom Broker lowered shares of Eagle Financial Services from a “strong-buy” rating to a “hold” rating in a report on Thursday. DA Davidson reissued a “neutral” rating and issued a $40.00 price target on shares of Eagle Financial Services in a research report on Monday, July 27th. Wall Street Zen downgraded Eagle Financial Services from a “sell” rating to a “strong sell” rating in a research note on Saturday. Finally, Zacks Research lowered Eagle Financial Services from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $42.25.

Eagle Financial Services Stock Performance

Shares of EFSI stock opened at $41.53 on Monday. The company has a market capitalization of $224.68 million, a price-to-earnings ratio of 12.00 and a beta of 0.23. 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 one year low of $31.44 and a one year high of $45.44. The company’s 50-day moving average is $41.67 and its 200 day moving average is $38.97.

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

Eagle Financial Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 3.0%. Eagle Financial Services’s payout ratio is 35.84%.

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.