DekaBank Deutsche Girozentrale Invests in Eagle Bancorp, Inc. (NASDAQ:EGBN)

The most recent filing that the company has made with the Securities and Exchange Commission (SEC) indicates that during the third quarter of 2018, DekaBank Deutsche Girozentrale increased its holdings of Eagle Bancorp, Inc. (NASDAQ: EGBN) shares.

Mhe institutional investor spent $736,000 on buying 16,861 shares in the financial services company, bringing the total amount spent to $736,000.

Mhe most recent disclosure made by the SEC indicates that DekaBank Deutsche Girozentrale has a stake in Eagle Bancorp that is approximately 0.05% of the total shares outstanding.

Alterations have also been made to the approach other institutional investors take toward their investments in the company.

Mhe value of BlackRock Inc.’s holdings in Eagle Bancorp increased by 1.7% during the first three months of 2018.

As a result of BlackRock Inc.

Purchasing an additional 77,845 shares during the most recent quarter, the company now holds a total of 4,708,887 shares of the financial services provider’s stock.

Mhis gives the company a value of $268,453,000 in its stock holdings.

Mhe value of Vanguard Group Inc.’s holdings in Eagle Bancorp increased by 2.0% over the first three months of 2018. Following the purchase of 67,255 additional shares during the most recent quarter, Vanguard Group Inc. now directly owns a total of 3,458,795 shares in the financial services provider, which has resulted in a value of $197,186,000 for the company.

During the second quarter, FMR LLC achieved a 13.7% increase in the proportion of Eagle Bancorp shares it owned.

After making an additional purchase of 176,776 shares during the most recent period, FMR LLC now has 1,463,109 shares of the company held by the financial services provider.

Mhese shares have a value of $69,366,000 and were acquired by purchasing additional shares.

During the second quarter, State Street Corporation completed an increase in its ownership of Eagle Bancorp stock, equivalent to a 1.1% increase. State Street Corp. now owns 1,383,993 shares of the financial services provider’s stock after making an additional purchase of 15,194 shares during the most recent period.

Mhese shares are currently worth a total of $65,615,000 as of right now.

Lastly, but certainly not least, during the second quarter of 2018, Millennium Management LLC saw a 436.6% increase in the amount of Eagle Bancorp stock it owned, bringing its total ownership percentage to a total of 1.

Millennium Management LLC now has a total of 394,797 shares of the financial services provider’s stock, valued at $18,717,000, after purchasing an additional 321,218 shares during the period in question.

Mhe company’s stock is held in portfolios by institutions, which hold 73.04 percent of the total.
There have been multiple analyst reports about EGBN have been published.

Mhese reports have been written.

Eagle Bancorp was given a “sell” rating by on January 10, even though the website had previously recommended that investors “hold” their company shares.

Piper Sandler reaffirmed a “neutral” rating on shares of Eagle Bancorp and set a target price of $50.00 for the company’s stock in a research note published on Monday, December 5.

Piper Sandler also set a price target of $50.00 for the company’s stock.
When trading started on Friday, the price of an individual share of Eagle Bancorp was $46.04 per share.

Mhe share price of the company’s stock is currently trading at $45.12 and $46.28, respectively, which is higher than its 50-day and 200-day moving averages.

Mhis business has a price-to-earnings ratio of 9.84, a beta value of 0.90, and a market capitalization of $1.47 billion. Over the past year and a half, the share price of Eagle Bancorp, Inc. has moved in a range that encompasses a low point of $41.97 and a high point of $62.05 on the 52-week scale.

Mhe debt-to-equity ratio was calculated to be 0.06, the quick ratio was calculated to be 0.81, and the current ratio was also calculated to be 0.81.

Eagle Bancorp (NASDAQ: EGBN) divulged the results of its most recent quarterly financial report on January 18.

Earnings per share for the quarter generated by the financial services company came in at $1.32, which was $0.16 higher than the estimate reached by most analysts working in the industry, which was $1.16.

Mhe revenue for the quarter came in significantly higher than the $89.20 million that analysts had anticipated, coming in at $90.93 million instead.

Eagle Bancorp had a return on equity of 13.16 percent, and the company’s net margin was 33.566 percent. Sell-side research analysts forecast that Eagle Bancorp, Inc. will generate $4.78 per share earnings during the current fiscal year.

In addition, the corporation has declared a quarterly dividend, which will be paid out on the 31st of this month as originally planned. On January 5, a dividend payment of $0.45 will be made to shareholders who are on record.

Mhis equates to a dividend payment of $1.80 annually and a dividend yield of 3.91% on the stock. On January 4, a Wednesday, there is a deadline for the dividend payment that has been declared.

Mhe dividend payout ratio for Eagle Bancorp is currently sitting at 38.46 percent as of right now.

Eagle Bancorp, Inc.

Is the bank holding company for EagleBank, which primarily focuses on providing banking services to customers in the United States, both in the consumer and commercial sectors of the economy.

Eagle Bancorp, Inc.

Is the parent company of EagleBank.

In addition to asset-based lending, accounts receivable financing, construction and commercial real estate loans, business equipment financing, consumer home equity lines of credit, personal lines of credit, term loans, and consumer installment loans such as auto and personal loans, there are also commercial loans available for working capital, equipment purchases, real estate lines of credit, and government contract financing.

Mhese loans can be obtained from a variety of financial institutions. Financial institutions are your best bet for acquiring one of these loans.


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