Eagle Bancorp (EGBN) : First National Bank Of Hutchinson reduced its stake in Eagle Bancorp by 1.15% during the most recent quarter end. The investment management company now holds a total of 18,028 shares of Eagle Bancorp which is valued at $908,431 after selling 209 shares in Eagle Bancorp , the firm said in a disclosure report filed with the SEC on Jul 25, 2016.Eagle Bancorp makes up approximately 0.56% of First National Bank Of Hutchinson’s portfolio.
Other Hedge Funds, Including , Shinko Asset Management Ltd. boosted its stake in EGBN in the latest quarter, The investment management firm added 69,419 additional shares and now holds a total of 145,388 shares of Eagle Bancorp which is valued at $7,313,016. Eagle Bancorp makes up approx 0.05% of Shinko Asset Management Ltd.’s portfolio. Profit Investment Management added EGBN to its portfolio by purchasing 4,170 company shares during the most recent quarter which is valued at $209,751. Eagle Bancorp makes up approx 0.16% of Profit Investment Management’s portfolio.Heritage Investors Management Corp reduced its stake in EGBN by selling 2,900 shares or 6.73% in the most recent quarter. The Hedge Fund company now holds 40,208 shares of EGBN which is valued at $1,987,481. Eagle Bancorp makes up approx 0.14% of Heritage Investors Management Corp’s portfolio.
Eagle Bancorp opened for trading at $51 and hit $51.65 on the upside on Friday, eventually ending the session at $51.55, with a gain of 0.84% or 0.43 points. The heightened volatility saw the trading volume jump to 2,32,645 shares. Company has a market cap of $1,732 M.
On the company’s financial health, Eagle Bancorp reported $0.71 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $0.68.Analysts expectations of $ 64.03.During the same quarter in the previous year, the company posted $0.61 EPS.
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. The Bank operates twenty two banking offices: seven in Montgomery County Maryland; five located in the District of Columbia and ten in Northern Virginia. The Bank offers a range of commercial banking services to its business and professional clients as well as consumer banking services to individuals living or working in the service area. The Bank also provides commercial banking services to sole proprietorships small medium and large-sized businesses partnerships corporations non-profit organizations and associations and investors. The Bank offers a range of retail banking services to accommodate the individual needs of both corporate customers as well as the community the Bank serves. The Bank also offers online banking mobile banking and a remote deposit service.