Eagle Bancorp, Inc. (NASDAQ:EGBN) Director Dudley C. Dworken sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $67.00, for a total transaction of $134,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Eagle Bancorp, Inc. (NASDAQ:EGBN) remained flat at $$67.10 on Friday. The company had a trading volume of 58,490 shares, compared to its average volume of 111,939. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.05. Eagle Bancorp, Inc. has a 1-year low of $53.80 and a 1-year high of $68.90. The firm has a market capitalization of $2,300.00, a PE ratio of 20.81 and a beta of 0.90.

Eagle Bancorp (NASDAQ:EGBN) last released its earnings results on Wednesday, October 18th. The financial services provider reported $0.87 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.05. Eagle Bancorp had a net margin of 32.40% and a return on equity of 12.37%. The business had revenue of $71.94 million for the quarter, compared to analyst estimates of $72.66 million. During the same period last year, the company posted $0.72 EPS. The business’s revenue was up 11.1% on a year-over-year basis. equities research analysts expect that Eagle Bancorp, Inc. will post 3.3 earnings per share for the current fiscal year.

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EGBN has been the topic of a number of research reports. Zacks Investment Research lowered shares of Eagle Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. Keefe, Bruyette & Woods reissued a “neutral” rating on shares of Eagle Bancorp in a research note on Friday, October 20th. Boenning Scattergood reissued a “buy” rating on shares of Eagle Bancorp in a research note on Thursday, October 19th. Finally, BidaskClub lowered shares of Eagle Bancorp from a “sell” rating to a “strong sell” rating in a research note on Monday, July 31st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $68.50.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EGBN. UBS Asset Management Americas Inc. lifted its stake in Eagle Bancorp by 77.0% in the 1st quarter. UBS Asset Management Americas Inc. now owns 14,681 shares of the financial services provider’s stock worth $876,000 after purchasing an additional 6,385 shares in the last quarter. Prudential Financial Inc. increased its holdings in shares of Eagle Bancorp by 0.3% during the 1st quarter. Prudential Financial Inc. now owns 3,408 shares of the financial services provider’s stock worth $203,000 after buying an additional 10 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Eagle Bancorp by 59.5% during the 1st quarter. Principal Financial Group Inc. now owns 6,761 shares of the financial services provider’s stock worth $404,000 after buying an additional 2,522 shares during the last quarter. Teachers Advisors LLC increased its holdings in shares of Eagle Bancorp by 374.6% during the 1st quarter. Teachers Advisors LLC now owns 270,797 shares of the financial services provider’s stock worth $16,167,000 after buying an additional 213,740 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Eagle Bancorp by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 2,394,795 shares of the financial services provider’s stock worth $142,970,000 after buying an additional 95,371 shares during the last quarter. 68.95% of the stock is currently owned by institutional investors and hedge funds.

Eagle Bancorp Company Profile

Eagle Bancorp, Inc is a bank holding company for EagleBank (the Bank). The Bank is the Company’s principal operating subsidiary. The Bank is a chartered commercial bank. As of December 31, 2016, the Bank operated 21 banking offices: seven in Montgomery County, Maryland; five located in the District of Columbia, and nine in Northern Virginia.

Insider Buying and Selling by Quarter for Eagle Bancorp (NASDAQ:EGBN)

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