Eagle Bancorp, Inc. (NASDAQ:EGBN) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its position in shares of Eagle Bancorp, Inc. (NASDAQ:EGBN) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,544 shares of the financial services provider’s stock after selling 637 shares during the period. Yousif Capital Management LLC’s holdings in Eagle Bancorp were worth $300,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in shares of Eagle Bancorp in the 4th quarter valued at $51,000. Point72 DIFC Ltd purchased a new position in Eagle Bancorp during the 3rd quarter worth $48,000. Nisa Investment Advisors LLC increased its stake in Eagle Bancorp by 49.8% in 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. GAMMA Investing LLC raised its holdings in shares of Eagle Bancorp by 45.7% in the fourth quarter. GAMMA Investing LLC now owns 3,560 shares of the financial services provider’s stock valued at $93,000 after buying an additional 1,116 shares during the last quarter. Finally, FMR LLC boosted its stake in shares of Eagle Bancorp by 84.9% during the third quarter. FMR LLC now owns 4,785 shares of the financial services provider’s stock worth $108,000 after buying an additional 2,197 shares during the period. Hedge funds and other institutional investors own 78.03% of the company’s stock.

Eagle Bancorp Trading Up 0.9 %

Shares of Eagle Bancorp stock opened at $25.65 on Tuesday. The company has a quick ratio of 0.86, a current ratio of 0.88 and a debt-to-equity ratio of 0.06. The firm has a market cap of $774.63 million, a price-to-earnings ratio of -16.34 and a beta of 1.09. Eagle Bancorp, Inc. has a 52-week low of $15.99 and a 52-week high of $30.94. The company’s 50-day simple moving average is $26.04 and its 200-day simple moving average is $24.79.

Eagle Bancorp (NASDAQ:EGBN) last posted its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.50 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.01). Eagle Bancorp had a negative net margin of 6.65% and a positive return on equity of 4.68%. As a group, equities research analysts anticipate that Eagle Bancorp, Inc. will post 2.31 earnings per share for the current year.

Eagle Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be given a dividend of $0.165 per share. The ex-dividend date is Friday, February 7th. This represents a $0.66 annualized dividend and a dividend yield of 2.57%. Eagle Bancorp’s payout ratio is currently -42.04%.

Analyst Ratings Changes

Several equities analysts recently issued reports on EGBN shares. Keefe, Bruyette & Woods dropped their price target on Eagle Bancorp from $32.00 to $30.00 and set a “market perform” rating on the stock in a research report on Monday, January 27th. StockNews.com raised Eagle Bancorp from a “sell” rating to a “hold” rating in a report on Thursday, October 24th. Finally, Piper Sandler decreased their price target on Eagle Bancorp from $31.00 to $27.50 and set a “neutral” rating for the company in a report on Friday, January 24th.

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.