Kenneth M. Walsh Sells 10,000 Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Kenneth M. Walsh sold 10,000 shares of the stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $15.11, for a total value of $151,100.00. Following the transaction, the director now owns 126,033 shares in the company, valued at $1,904,358.63. This trade represents a 7.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Eagle Bancorp Montana Stock Down 1.8 %

Shares of NASDAQ EBMT opened at $15.13 on Friday. The stock has a market capitalization of $121.34 million, a PE ratio of 12.20 and a beta of 0.53. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 1.57. The firm has a fifty day moving average of $15.60 and a 200-day moving average of $15.58. Eagle Bancorp Montana, Inc. has a 52-week low of $12.32 and a 52-week high of $17.62.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings results on Tuesday, January 28th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating 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%. On average, analysts anticipate that Eagle Bancorp Montana, Inc. will post 1.65 EPS for the current year.

Eagle Bancorp Montana Increases Dividend

The firm 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 $0.1425 dividend. This is a positive change from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.57 annualized dividend and a yield of 3.77%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 45.97%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Barclays PLC raised its stake 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 acquiring an additional 2,165 shares during the period. Atria Investments Inc raised its position in Eagle Bancorp Montana by 10.0% in the fourth quarter. Atria Investments Inc now owns 11,097 shares of the bank’s stock valued at $170,000 after purchasing an additional 1,006 shares during the period. State Street Corp lifted its stake in shares of Eagle Bancorp Montana by 5.9% during the third quarter. State Street Corp now owns 17,838 shares of the bank’s stock worth $282,000 after purchasing an additional 1,000 shares in the last quarter. Empowered Funds LLC lifted 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 worth $354,000 after purchasing an additional 1,072 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of Eagle Bancorp Montana by 3.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 45,699 shares of the bank’s stock worth $701,000 after buying an additional 1,699 shares during the period. 35.66% of the stock is owned by institutional investors and hedge funds.

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.

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.