Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Sells $84,850.00 in Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Peter Joseph Johnson sold 5,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $16.97, for a total value of $84,850.00. Following the sale, the director now owns 57,838 shares in the company, valued at approximately $981,510.86. The trade was a 7.96 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Eagle Bancorp Montana Trading Down 0.3 %

EBMT opened at $17.42 on Thursday. The company has a fifty day moving average price of $16.38 and a two-hundred day moving average price of $14.68. Eagle Bancorp Montana, Inc. has a 1-year low of $11.83 and a 1-year high of $17.65. The company has a market cap of $139.71 million, a P/E ratio of 16.19 and a beta of 0.52. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.57.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings results on Tuesday, October 29th. The bank reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.04. The business had revenue of $31.74 million for the quarter, compared to the consensus estimate of $20.60 million. Eagle Bancorp Montana had a return on equity of 4.96% and a net margin of 7.03%. Analysts predict that Eagle Bancorp Montana, Inc. will post 1.1 EPS for the current fiscal year.

Eagle Bancorp Montana Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be issued a $0.142 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana’s dividend payout ratio is currently 52.78%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th.

Institutional Trading of Eagle Bancorp Montana

Several hedge funds have recently bought and sold shares of EBMT. Barclays PLC raised its holdings in Eagle Bancorp Montana by 25.8% during the third quarter. Barclays PLC now owns 10,567 shares of the bank’s stock worth $167,000 after buying an additional 2,165 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Eagle Bancorp Montana by 17.5% in the 3rd quarter. Geode Capital Management LLC now owns 77,133 shares of the bank’s stock worth $1,218,000 after acquiring an additional 11,490 shares during the last quarter. State Street Corp lifted its position in Eagle Bancorp Montana by 5.9% in the 3rd quarter. State Street Corp now owns 17,838 shares of the bank’s stock valued at $282,000 after acquiring an additional 1,000 shares in the last quarter. Fourthstone LLC boosted its stake in Eagle Bancorp Montana by 1.1% during the 3rd quarter. Fourthstone LLC now owns 520,663 shares of the bank’s stock valued at $8,221,000 after purchasing an additional 5,898 shares during the last quarter. Finally, John G Ullman & Associates Inc. increased its holdings in Eagle Bancorp Montana by 13.4% during the 3rd quarter. John G Ullman & Associates Inc. now owns 62,574 shares of the bank’s stock worth $988,000 after purchasing an additional 7,382 shares in the last quarter. Institutional investors and hedge funds own 35.66% of the company’s stock.

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.