Bridgewater Wealth Financial Management buys $2,549,612 stake in Eagle Bancorp (EGBN)

Eagle Bancorp (EGBN) : Bridgewater Wealth Financial Management scooped up 26,073 additional shares in Eagle Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 50,012 shares of Eagle Bancorp which is valued at $2,549,612.Eagle Bancorp makes up approximately 0.90% of Bridgewater Wealth Financial Management’s portfolio.

Other Hedge Funds, Including , Rothschild Asset Management Inc added EGBN to its portfolio by purchasing 5,498 company shares during the most recent quarter which is valued at $280,288.Creative Planning reduced its stake in EGBN by selling 1,500 shares or 10.74% in the most recent quarter. The Hedge Fund company now holds 12,465 shares of EGBN which is valued at $617,890.Chevy Chase Trust Holdings reduced its stake in EGBN by selling 262 shares or 0.25% in the most recent quarter. The Hedge Fund company now holds 103,233 shares of EGBN which is valued at $4,957,249. Eagle Bancorp makes up approx 0.03% of Chevy Chase Trust Holdings’s portfolio.

Eagle Bancorp closed down -0.43 points or -0.82% at $52.26 with 52,666 shares getting traded on Monday. Post opening the session at $53, the shares hit an intraday low of $51.89 and an intraday high of $53 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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.

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