Eagle Bancorp Inc (NASDAQ:EGBN): Stock Institutional Investors Are Happy About

January 21, 2018 - By Vivian Currie

 Eagle Bancorp Inc (NASDAQ:EGBN): Stock Institutional Investors  Are Happy About

Sentiment for Eagle Bancorp Inc (NASDAQ:EGBN)

Eagle Bancorp Inc (NASDAQ:EGBN) institutional sentiment decreased to 1.35 in Q3 2017. Its down -0.18, from 1.53 in 2017Q2. The ratio has dropped, as 73 institutional investors opened new or increased holdings, while 54 sold and trimmed positions in Eagle Bancorp Inc. The institutional investors in our partner’s database now hold: 22.91 million shares, up from 22.80 million shares in 2017Q2. Also, the number of institutional investors holding Eagle Bancorp Inc in their top 10 holdings was flat from 5 to 5 for the same number . Sold All: 7 Reduced: 47 Increased: 53 New Position: 20.

Eagle Bancorp, Inc. operates as the bank holding firm for EagleBank that provides commercial and consumer banking services primarily in the United States. The company has market cap of $2.22 billion. It accepts business and personal checking, NOW, tiered savings, and money market accounts, as well as individual retirement and investment sweep accounts; and time deposits. It has a 20.17 P/E ratio. The firm also offers various commercial and consumer lending products comprising commercial loans for working capital, equipment purchases, real estate lines of credit, and government contract financing; asset based lending and accounts receivable financing; construction and commercial real estate loans; business equipment financing; consumer home equity lines of credit, personal lines of credit, and term loans; consumer installment loans, such as auto and personal loans; personal credit cards; residential mortgage loans; and real estate secured loans.

The stock increased 6.30% or $3.85 during the last trading session, reaching $64.95. About 524,644 shares traded or 62.08% up from the average. Eagle Bancorp, Inc. (NASDAQ:EGBN) has risen 15.46% since January 21, 2017 and is uptrending. It has underperformed by 1.24% the S&P500.

Elizabeth Park Capital Advisors Ltd. holds 4.17% of its portfolio in Eagle Bancorp, Inc. for 160,095 shares. Jacobson & Schmitt Advisors Llc owns 92,850 shares or 4.15% of their US portfolio. Moreover, Oberweis Asset Management Inc has 2.3% invested in the company for 123,008 shares. The Kansas-based Mitchell Capital Management Co has invested 2.09% in the stock. Wasatch Advisors Inc, a Utah-based fund reported 2.19 million shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 12 sales for $6.61 million activity.

Eagle Bancorp, Inc. (NASDAQ:EGBN) Ratings Coverage

Ratings analysis reveals 100% of Eagle Bancorp’s analysts are positive. Out of 5 Wall Street analysts rating Eagle Bancorp, 5 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $50 while the high is $69.0. The stock’s average target of $64 is -1.46% below today’s ($64.95) share price. EGBN was included in 13 notes of analysts from July 23, 2015. The rating was upgraded by Keefe Bruyette & Woods to “Buy” on Monday, December 4. The firm has “Buy” rating by Sandler O’Neill given on Thursday, February 9. Sandler O’Neill maintained the shares of EGBN in report on Friday, January 19 with “Buy” rating. The rating was downgraded by Keefe Bruyette & Woods on Wednesday, December 2 to “Market Perform”. The stock of Eagle Bancorp, Inc. (NASDAQ:EGBN) has “Buy” rating given on Thursday, January 18 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Thursday, October 19 with “Hold”. The firm has “Outperform” rating given on Friday, July 24 by FBR Capital. On Friday, August 4 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock of Eagle Bancorp, Inc. (NASDAQ:EGBN) has “Hold” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. The stock of Eagle Bancorp, Inc. (NASDAQ:EGBN) earned “Outperform” rating by Boenning & Scattergood on Thursday, July 23.

More notable recent Eagle Bancorp, Inc. (NASDAQ:EGBN) news were published by: Businesswire.com which released: “Eagle Bancorp, Inc. Shareholder Alert: Former SEC Attorney Willie Briscoe …” on January 10, 2018, also Globenewswire.com with their article: “Eagle Bancorp, Inc. Announces $15.6 Million in Earnings With a Continuing …” published on January 18, 2018, Reuters.com published: “BRIEF-Eagle Bancorp Q4 EPS $0.45” on January 18, 2018. More interesting news about Eagle Bancorp, Inc. (NASDAQ:EGBN) were released by: Globenewswire.com and their article: “Eagle Bancorp Announces Earnings Call On January 18, 2018” published on January 03, 2018 as well as Globenewswire.com‘s news article titled: “INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation on …” with publication date: December 28, 2017.

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