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 Eagle Bancorp Montana 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 transaction, the director now directly owns 57,838 shares in the company, valued at $981,510.86. This trade represents a 7.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Eagle Bancorp Montana Price Performance

EBMT opened at $17.48 on Wednesday. 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 stock’s 50 day simple moving average is $16.35 and its 200 day simple moving average is $14.65. The firm has a market cap of $140.14 million, a price-to-earnings ratio of 16.19 and a beta of 0.52. Eagle Bancorp Montana, Inc. has a 1 year low of $11.83 and a 1 year high of $17.65.

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, topping 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 4.96%. The firm had revenue of $31.74 million for the quarter, compared to analysts’ expectations of $20.60 million. As a group, analysts predict that Eagle Bancorp Montana, Inc. will post 1.1 earnings per share for the current year.

Eagle Bancorp Montana Dividend Announcement

The company 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 dividend of $0.142 per share. This represents a $0.57 annualized dividend and a dividend yield of 3.25%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana’s dividend payout ratio (DPR) is 52.78%.

Analyst Upgrades and Downgrades

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

Institutional Trading of Eagle Bancorp Montana

A number of institutional investors have recently modified their holdings of EBMT. Barclays PLC raised its position in Eagle Bancorp Montana by 25.8% during 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 grew 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 buying an additional 1,000 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Eagle Bancorp Montana by 5.0% during the third quarter. Empowered Funds LLC now owns 22,448 shares of the bank’s stock valued at $354,000 after buying an additional 1,072 shares during the period. John G Ullman & Associates Inc. raised its holdings 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 valued at $988,000 after acquiring an additional 7,382 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in Eagle Bancorp Montana by 17.5% in the third 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 period. 35.66% of the stock is currently owned by hedge funds and other institutional investors.

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.