Are Analysts Bearish Eagle Bancorp, Inc. (NASDAQ:EGBN) After Last Week?

December 8, 2017 - By Nellie Frank

 Are Analysts Bearish Eagle Bancorp, Inc. (NASDAQ:EGBN) After Last Week?
Investors sentiment increased to 1.53 in 2017 Q2. Its up 0.37, from 1.16 in 2017Q1. It improved, as 11 investors sold Eagle Bancorp, Inc. shares while 42 reduced holdings. 17 funds opened positions while 64 raised stakes. 22.80 million shares or 2.17% more from 22.32 million shares in 2017Q1 were reported.
Credit Suisse Ag invested 0% of its portfolio in Eagle Bancorp, Inc. (NASDAQ:EGBN). 10,019 were reported by Regions. Alliancebernstein Lp invested in 59,590 shares or 0% of the stock. Btim owns 171,972 shares. Los Angeles Capital Management And Equity Rech reported 6,751 shares. Ftb Advsrs Inc stated it has 0% in Eagle Bancorp, Inc. (NASDAQ:EGBN). Employees Retirement Sys Of Texas stated it has 0.02% in Eagle Bancorp, Inc. (NASDAQ:EGBN). The New York-based Citigroup has invested 0% in Eagle Bancorp, Inc. (NASDAQ:EGBN). Nuveen Asset Mngmt Limited Liability Com has invested 0.01% in Eagle Bancorp, Inc. (NASDAQ:EGBN). Tfs Limited Liability Com holds 5,015 shares. Ubs Asset Mgmt Americas Inc accumulated 15,712 shares or 0% of the stock. Manufacturers Life Insurance The stated it has 0% of its portfolio in Eagle Bancorp, Inc. (NASDAQ:EGBN). California Employees Retirement Systems reported 0% of its portfolio in Eagle Bancorp, Inc. (NASDAQ:EGBN). C M Bidwell & Ltd holds 0.07% in Eagle Bancorp, Inc. (NASDAQ:EGBN) or 5,150 shares. Wasatch Advisors holds 2.15M shares.

Since June 9, 2017, it had 0 buys, and 1 insider sale for $247,613 activity. Shares for $317,298 were sold by Goodman Harvey Michael.

Eagle Bancorp, Inc. (NASDAQ:EGBN) Ratings Coverage

Among 4 analysts covering Eagle Bancorp (NASDAQ:EGBN), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Eagle Bancorp had 9 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Friday, August 4 with “Hold”. Keefe Bruyette & Woods upgraded Eagle Bancorp, Inc. (NASDAQ:EGBN) rating on Monday, December 4. Keefe Bruyette & Woods has “Buy” rating and $63.0 target. The rating was maintained by Boenning & Scattergood with “Outperform” on Thursday, July 23. FBR Capital maintained the shares of EGBN in report on Friday, July 24 with “Outperform” rating. The firm has “Buy” rating given on Thursday, February 9 by Sandler O’Neill. The stock of Eagle Bancorp, Inc. (NASDAQ:EGBN) earned “Buy” rating by Boenning & Scattergood on Thursday, July 20. On Thursday, October 19 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Keefe Bruyette & Woods maintained Eagle Bancorp, Inc. (NASDAQ:EGBN) on Tuesday, October 3 with “Hold” rating. Keefe Bruyette & Woods downgraded the shares of EGBN in report on Wednesday, December 2 to “Market Perform” rating. Below is a list of Eagle Bancorp, Inc. (NASDAQ:EGBN) latest ratings and price target changes.

04/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $63.0 Upgrade
19/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $66.0 Maintain
03/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $64.0 Maintain
04/08/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $64.0000 Maintain
20/07/2017 Broker: Boenning & Scattergood Rating: Buy New Target: $65.0000 Maintain

The stock increased 0.53% or $0.3 during the last trading session, reaching $56.45. About 503,151 shares traded or 84.40% up from the average. Eagle Bancorp, Inc. (NASDAQ:EGBN) has risen 15.46% since December 8, 2016 and is uptrending. It has underperformed by 1.24% the S&P500.

Eagle Bancorp, Inc. operates as the bank holding firm for EagleBank that provides commercial and consumer banking services primarily in the United States. The company has market cap of $1.93 billion. It accepts business and personal checking, NOW, tiered savings, and money market accounts, as well as individual retirement and investment sweep accounts; and time deposits. It has a 18.39 P/E ratio. The firm 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; residential mortgage loans; and real estate secured loans.

More notable recent Eagle Bancorp, Inc. (NASDAQ:EGBN) news were published by: Businesswire.com which released: “EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims …” on December 04, 2017, also Businesswire.com with their article: “EAGLE BANCORP INVESTIGATION INITIATED by Former Louisiana Attorney General …” published on December 05, 2017, Globenewswire.com published: “Eagle Bancorp Rebuts Claims of Internal Control Weaknesses and Alerts …” on December 04, 2017. More interesting news about Eagle Bancorp, Inc. (NASDAQ:EGBN) were released by: Fool.com and their article: “Why Eagle Bancorp Stock Plunged on Friday” published on December 01, 2017 as well as Globenewswire.com‘s news article titled: “Eagle Bancorp, Inc. Denies Allegations In Deceptive And Misleading Report” with publication date: December 02, 2017.

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