Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Peter Joseph Johnson Sells 1,525 Shares

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Peter Joseph Johnson sold 1,525 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $14.00, for a total value of $21,350.00. Following the completion of the sale, the director now directly owns 69,074 shares of the company’s stock, valued at approximately $967,036. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Peter Joseph Johnson also recently made the following trade(s):

• On Monday, August 19th, Peter Joseph Johnson sold 180 shares of Eagle Bancorp Montana stock. The stock was sold at an average price of $14.00, for a total value of $2,520.00.
• On Friday, May 24th, Peter Joseph Johnson sold 2,954 shares of Eagle Bancorp Montana stock. The stock was sold at an average price of $13.21, for a total value of $39,022.34.

Eagle Bancorp Montana Trading Down 0.1 %

Eagle Bancorp Montana stock opened at $13.99 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.40. Eagle Bancorp Montana, Inc. has a 52 week low of $11.26 and a 52 week high of $17.65. The company has a market capitalization of $112.16 million, a price-to-earnings ratio of 12.49 and a beta of 0.54. The stock has a 50-day moving average price of $13.58 and a 200 day moving average price of $13.16.

Eagle Bancorp Montana (NASDAQ:EBMT) last released its earnings results on Tuesday, July 23rd. The bank reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.06). Eagle Bancorp Montana had a return on equity of 5.11% and a net margin of 7.06%. The firm had revenue of $30.09 million for the quarter, compared to analyst estimates of $20.50 million. Sell-side analysts anticipate that Eagle Bancorp Montana, Inc. will post 1.06 EPS for the current year.

Eagle Bancorp Montana Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 6th. Shareholders of record on Friday, August 16th will be issued a $0.142 dividend. The ex-dividend date is Friday, August 16th. This is an increase from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. This represents a $0.57 dividend on an annualized basis and a yield of 4.06%. Eagle Bancorp Montana’s payout ratio is presently 50.89%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Empowered Funds LLC lifted its holdings in Eagle Bancorp Montana by 7.6% in the first quarter. Empowered Funds LLC now owns 19,936 shares of the bank’s stock valued at $256,000 after acquiring an additional 1,400 shares during the period. John G Ullman & Associates Inc. lifted its holdings in Eagle Bancorp Montana by 105.1% in the first quarter. John G Ullman & Associates Inc. now owns 52,082 shares of the bank’s stock valued at $669,000 after acquiring an additional 26,690 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Eagle Bancorp Montana by 3.3% in the second quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank’s stock valued at $1,236,000 after acquiring an additional 2,937 shares during the period. Brandes Investment Partners LP lifted its holdings in Eagle Bancorp Montana by 14.3% in the second quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock valued at $2,254,000 after acquiring an additional 21,441 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in Eagle Bancorp Montana by 0.3% in the first quarter. Vanguard Group Inc. now owns 361,193 shares of the bank’s stock valued at $4,638,000 after acquiring an additional 1,075 shares during the period. 35.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on EBMT shares. StockNews.com began coverage on Eagle Bancorp Montana in a report on Thursday. They issued a “hold” rating for the company. Hovde Group began coverage on Eagle Bancorp Montana in a report on Friday, July 5th. They set a “market perform” rating and a $13.50 target price for the company.

About Eagle Bancorp Montana

Eagle Bancorp Montana, Inc operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services to small businesses and individuals in Montana. It accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts.