10,839 Shares in Eagle Bancorp, Inc. (NASDAQ:EGBN) Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC acquired a new stake in shares of Eagle Bancorp, Inc. (NASDAQ:EGBNFree Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 10,839 shares of the financial services provider’s stock, valued at approximately $327,000.

Other large investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its position in Eagle Bancorp by 9.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 458,387 shares of the financial services provider’s stock valued at $9,832,000 after purchasing an additional 38,678 shares during the period. New York State Common Retirement Fund lifted its holdings in shares of Eagle Bancorp by 138.5% in the 3rd quarter. New York State Common Retirement Fund now owns 30,637 shares of the financial services provider’s stock valued at $657,000 after buying an additional 17,793 shares during the period. DekaBank Deutsche Girozentrale purchased a new stake in shares of Eagle Bancorp in the third quarter worth about $692,000. Gamco Investors INC. ET AL grew its holdings in Eagle Bancorp by 8.4% during the third quarter. Gamco Investors INC. ET AL now owns 322,599 shares of the financial services provider’s stock worth $6,920,000 after acquiring an additional 24,931 shares during the period. Finally, Versor Investments LP purchased a new position in Eagle Bancorp during the fourth quarter valued at approximately $458,000. 78.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Eagle Bancorp from a “hold” rating to a “sell” rating in a research note on Friday.

View Our Latest Stock Analysis on EGBN

Insiders Place Their Bets

In other news, EVP Lindsey S. Rheaume sold 22,000 shares of Eagle Bancorp stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $22.98, for a total value of $505,560.00. Following the sale, the executive vice president now owns 9,075 shares in the company, valued at $208,543.50. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, CEO Susan G. Riel acquired 5,260 shares of the firm’s stock in a transaction on Tuesday, April 30th. The shares were bought at an average price of $18.73 per share, for a total transaction of $98,519.80. Following the acquisition, the chief executive officer now owns 332,210 shares of the company’s stock, valued at approximately $6,222,293.30. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Lindsey S. Rheaume sold 22,000 shares of Eagle Bancorp stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $22.98, for a total transaction of $505,560.00. Following the sale, the executive vice president now directly owns 9,075 shares in the company, valued at approximately $208,543.50. The disclosure for this sale can be found here. Over the last ninety days, insiders purchased 6,082 shares of company stock worth $114,283. Company insiders own 3.10% of the company’s stock.

Eagle Bancorp Stock Down 2.8 %

EGBN stock opened at $18.59 on Monday. Eagle Bancorp, Inc. has a 52-week low of $17.46 and a 52-week high of $31.97. The firm has a market cap of $561.23 million, a P/E ratio of 7.41 and a beta of 1.05. The company’s 50-day simple moving average is $21.08 and its 200-day simple moving average is $24.11.

Eagle Bancorp (NASDAQ:EGBNGet Free Report) last issued its quarterly earnings results on Wednesday, April 24th. The financial services provider reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.60). The business had revenue of $78.29 million for the quarter, compared to analysts’ expectations of $75.51 million. Eagle Bancorp had a return on equity of 6.11% and a net margin of 11.14%. On average, analysts anticipate that Eagle Bancorp, Inc. will post 1.36 earnings per share for the current fiscal year.

Eagle Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Thursday, April 18th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 9.68%. The ex-dividend date was Wednesday, April 17th. Eagle Bancorp’s payout ratio is presently 71.71%.

About Eagle Bancorp

(Free Report)

Eagle Bancorp, Inc operates as the bank holding company for EagleBank that provides commercial and consumer banking services primarily in the United States. The company 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; and residential mortgage loans.

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Institutional Ownership by Quarter for Eagle Bancorp (NASDAQ:EGBN)

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