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 on Friday, November 22nd. The shares were sold at an average price of $16.97, for a total transaction of $84,850.00. Following the completion of the transaction, the director now owns 57,838 shares of the company’s stock, valued at $981,510.86. This represents a 7.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Eagle Bancorp Montana Price Performance

Eagle Bancorp Montana stock traded up $0.45 during mid-day trading on Monday, reaching $17.51. The company had a trading volume of 13,469 shares, compared to its average volume of 11,391. Eagle Bancorp Montana, Inc. has a 1 year low of $11.83 and a 1 year high of $17.65. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.94 and a quick ratio of 0.93. The company has a market capitalization of $140.38 million, a P/E ratio of 15.80 and a beta of 0.52. The stock’s 50-day simple moving average is $16.31 and its 200-day simple moving average is $14.62.

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

Eagle Bancorp Montana Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be issued a $0.142 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.24%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 52.78%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th.

Hedge Funds Weigh In On Eagle Bancorp Montana

Hedge funds have recently made changes to their positions in the stock. Barclays PLC boosted its holdings in shares of Eagle Bancorp Montana by 25.8% in the 3rd quarter. Barclays PLC now owns 10,567 shares of the bank’s stock valued at $167,000 after purchasing an additional 2,165 shares during the last quarter. State Street Corp increased its position in shares of Eagle Bancorp Montana by 5.9% in the 3rd quarter. State Street Corp now owns 17,838 shares of the bank’s stock worth $282,000 after purchasing an additional 1,000 shares during the last quarter. Empowered Funds LLC increased its position in shares of Eagle Bancorp Montana by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 22,448 shares of the bank’s stock worth $354,000 after purchasing an additional 1,072 shares during the last quarter. John G Ullman & Associates Inc. increased its position in shares of Eagle Bancorp Montana by 13.4% in 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 during the last quarter. Finally, Geode Capital Management LLC increased its position 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 purchasing an additional 11,490 shares during the last quarter. Institutional investors and hedge funds 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.