Eagle Bancorp Montana (NASDAQ:EBMT) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $15.65 and traded as high as $17.05. Eagle Bancorp Montana shares last traded at $16.99, with a volume of 17,906 shares.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Eagle Bancorp Montana from a “hold” rating to a “buy” rating in a report on Wednesday, January 29th.

Eagle Bancorp Montana Stock Up 2.2 %

The business’s fifty day moving average price is $15.45 and its 200 day moving average price is $15.68. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.57. The company has a market capitalization of $144.28 million, a P/E ratio of 14.51 and a beta of 0.53.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its earnings results on Tuesday, January 28th. The bank reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.15. Eagle Bancorp Montana had a return on equity of 5.68% and a net margin of 8.02%. As a group, equities research analysts predict that Eagle Bancorp Montana, Inc. will post 1.61 earnings per share for the current fiscal year.

Eagle Bancorp Montana Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 14th will be issued a dividend of $0.1425 per share. This is a boost from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a yield of 3.17%. The ex-dividend date of this dividend is Friday, February 14th. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 45.97%.

Insider Transactions at Eagle Bancorp Montana

In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 10,000 shares of Eagle Bancorp Montana stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $15.11, for a total transaction of $151,100.00. Following the transaction, the director now owns 126,033 shares of the company’s stock, valued at $1,904,358.63. This trade represents a 7.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Peter Joseph Johnson sold 5,000 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $16.97, for a total transaction of $84,850.00. Following the completion of the sale, the director now owns 57,838 shares in the company, valued at $981,510.86. This represents a 7.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 6.70% of the company’s stock.

Institutional Investors Weigh In On Eagle Bancorp Montana

A number of institutional investors have recently made changes to their positions in the business. Fourthstone LLC lifted its holdings in Eagle Bancorp Montana by 1.1% in the 3rd quarter. Fourthstone LLC now owns 520,663 shares of the bank’s stock worth $8,221,000 after buying an additional 5,898 shares during the period. Brandes Investment Partners LP boosted its holdings in Eagle Bancorp Montana by 9.9% in the fourth quarter. Brandes Investment Partners LP now owns 220,349 shares of the bank’s stock worth $3,378,000 after acquiring an additional 19,907 shares in the last quarter. Rhino Investment Partners Inc increased its stake in Eagle Bancorp Montana by 18.7% during the 4th quarter. Rhino Investment Partners Inc now owns 203,826 shares of the bank’s stock valued at $3,125,000 after purchasing an additional 32,074 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Eagle Bancorp Montana by 9.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 110,192 shares of the bank’s stock valued at $1,689,000 after purchasing an additional 9,870 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in Eagle Bancorp Montana by 23.7% in the 4th quarter. Renaissance Technologies LLC now owns 108,715 shares of the bank’s stock worth $1,667,000 after buying an additional 20,812 shares during the last quarter. Hedge funds and other institutional investors own 35.66% of the company’s stock.

Eagle Bancorp Montana Company Profile

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.