Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Thomas J. Mccarvel Sells 1,090 Shares

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Thomas J. Mccarvel sold 1,090 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $17.00, for a total transaction of $18,530.00. Following the completion of the transaction, the director now owns 38,417 shares in the company, valued at $653,089. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Eagle Bancorp Montana Trading Down 0.5 %

Shares of NASDAQ:EBMT traded down $0.09 during midday trading on Wednesday, reaching $16.95. 21,328 shares of the company’s stock were exchanged, compared to its average volume of 11,078. The stock has a market cap of $135.94 million, a price-to-earnings ratio of 15.81 and a beta of 0.52. Eagle Bancorp Montana, Inc. has a fifty-two week low of $11.54 and a fifty-two week high of $17.65. The firm’s 50 day simple moving average is $16.05 and its two-hundred day simple moving average is $14.41. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.94 and a quick ratio of 0.93.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its earnings results on Tuesday, October 29th. The bank reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.04. Eagle Bancorp Montana had a net margin of 7.03% and a return on equity of 5.02%. The firm had revenue of $31.74 million during the quarter, compared to the consensus estimate of $20.60 million. As a group, sell-side analysts forecast that Eagle Bancorp Montana, Inc. will post 1.1 EPS for the current fiscal year.

Eagle Bancorp Montana Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be paid a $0.142 dividend. This represents a $0.57 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana’s payout ratio is currently 52.78%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Eagle Bancorp Montana from a “hold” rating to a “buy” rating in a report on Tuesday.

Institutional Investors Weigh In On Eagle Bancorp Montana

Several large investors have recently bought and sold shares of EBMT. Empowered Funds LLC increased its position in shares of Eagle Bancorp Montana by 7.6% in the 1st quarter. Empowered Funds LLC now owns 19,936 shares of the bank’s stock valued at $256,000 after purchasing an additional 1,400 shares during the last quarter. John G Ullman & Associates Inc. grew its stake in shares of Eagle Bancorp Montana by 13.4% during the third 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. Dimensional Fund Advisors LP increased 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 buying an additional 2,937 shares during the last quarter. Brandes Investment Partners LP raised its stake 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 buying an additional 21,441 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Eagle Bancorp Montana by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 361,193 shares of the bank’s stock worth $4,638,000 after buying an additional 1,075 shares during the last quarter. Hedge funds and other institutional investors 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.