John G Ullman & Associates Inc. Decreases Stock Holdings in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)

John G Ullman & Associates Inc. trimmed its holdings in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 3.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,137 shares of the bank’s stock after selling 2,437 shares during the quarter. John G Ullman & Associates Inc. owned about 0.75% of Eagle Bancorp Montana worth $922,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Fourthstone LLC lifted its stake 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 purchasing an additional 5,898 shares in the last quarter. Geode Capital Management LLC lifted its stake in 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 purchasing an additional 11,490 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Eagle Bancorp Montana by 3.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 45,699 shares of the bank’s stock worth $701,000 after purchasing an additional 1,699 shares in the last quarter. Empowered Funds LLC raised its position in shares of Eagle Bancorp Montana by 4.3% during the 4th quarter. Empowered Funds LLC now owns 23,408 shares of the bank’s stock valued at $359,000 after buying an additional 960 shares during the period. Finally, State Street Corp raised its position in shares of Eagle Bancorp Montana by 5.9% during the 3rd quarter. State Street Corp now owns 17,838 shares of the bank’s stock valued at $282,000 after buying an additional 1,000 shares during the period. 35.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Eagle Bancorp Montana Stock Up 0.3 %

EBMT stock opened at $17.88 on Friday. The firm has a market cap of $143.34 million, a PE ratio of 14.42 and a beta of 0.53. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.93 and a current ratio of 0.94. The firm’s 50 day moving average price is $15.70 and its 200-day moving average price is $15.92. Eagle Bancorp Montana, Inc. has a one year low of $12.32 and a one year high of $18.37.

Eagle Bancorp Montana (NASDAQ:EBMT) last released its quarterly earnings results on Tuesday, January 28th. The bank reported $0.44 EPS for the quarter, beating the consensus estimate of $0.29 by $0.15. Eagle Bancorp Montana had a net margin of 8.02% and a return on equity of 5.68%. On average, equities research analysts anticipate that Eagle Bancorp Montana, Inc. will post 1.61 EPS for the current year.

Eagle Bancorp Montana Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 14th will be given a $0.1425 dividend. This is a positive change from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. The ex-dividend date is Friday, February 14th. This represents a $0.57 dividend on an annualized basis and a yield of 3.19%. Eagle Bancorp Montana’s payout ratio is presently 45.97%.

Insider Buying and Selling at Eagle Bancorp Montana

In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $15.11, for a total value of $151,100.00. Following the sale, the director now owns 126,033 shares of the company’s stock, valued at $1,904,358.63. The trade was a 7.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.70% of the stock is owned by corporate insiders.

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.