XML Financial LLC Has $327,000 Position in Eagle Bancorp, Inc. (NASDAQ:EGBN)

XML Financial LLC reduced its position in Eagle Bancorp, Inc. (NASDAQ:EGBN) by 36.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,567 shares of the financial services provider’s stock after selling 7,297 shares during the quarter. XML Financial LLC’s holdings in Eagle Bancorp were worth $327,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Point72 Asset Management L.P. bought a new stake in shares of Eagle Bancorp during the second quarter worth about $35,000. Point72 DIFC Ltd bought a new stake in Eagle Bancorp during the 3rd quarter worth approximately $48,000. GAMMA Investing LLC lifted its position in shares of Eagle Bancorp by 102.0% during the 3rd quarter. GAMMA Investing LLC now owns 2,444 shares of the financial services provider’s stock worth $55,000 after buying an additional 1,234 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in Eagle Bancorp by 49.8% during the third quarter. Nisa Investment Advisors LLC now owns 2,546 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 846 shares during the period. Finally, FMR LLC raised its position in shares of Eagle Bancorp by 84.9% in the third quarter. FMR LLC now owns 4,785 shares of the financial services provider’s stock valued at $108,000 after purchasing an additional 2,197 shares during the period. 78.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on EGBN shares. StockNews.com raised shares of Eagle Bancorp from a “sell” rating to a “hold” rating in a report on Thursday, October 24th. Piper Sandler initiated coverage on shares of Eagle Bancorp in a research report on Monday, October 21st. They issued a “neutral” rating and a $27.00 target price for the company. Finally, Keefe, Bruyette & Woods lifted their price target on Eagle Bancorp from $25.00 to $32.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th.

Eagle Bancorp Stock Down 2.1 %

EGBN stock opened at $24.58 on Thursday. The business’s 50-day moving average is $27.19 and its two-hundred day moving average is $24.19. Eagle Bancorp, Inc. has a fifty-two week low of $15.99 and a fifty-two week high of $30.94. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market cap of $742.32 million, a price-to-earnings ratio of -17.56 and a beta of 1.10.

Eagle Bancorp (NASDAQ:EGBN) last released its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.01). Eagle Bancorp had a positive return on equity of 5.04% and a negative net margin of 5.97%. As a group, analysts forecast that Eagle Bancorp, Inc. will post 1.87 earnings per share for the current year.

Eagle Bancorp Company Profile

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.