Eagle Bancorp Montana (NASDAQ:EBMT) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.90 and traded as high as $17.98. Eagle Bancorp Montana shares last traded at $17.88, with a volume of 24,647 shares traded.

Analyst Ratings Changes

Separately, StockNews.com upgraded Eagle Bancorp Montana from a “hold” rating to a “buy” rating in a research note on Wednesday, January 29th.

Eagle Bancorp Montana Stock Up 0.3 %

The firm has a 50 day simple moving average of $15.70 and a two-hundred day simple moving average of $15.92. The company has a market capitalization of $143.34 million, a PE ratio of 14.42 and a beta of 0.53. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.57.

Eagle Bancorp Montana (NASDAQ:EBMT) last announced its earnings results on Tuesday, January 28th. The bank reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.15. Eagle Bancorp Montana had a return on equity of 5.68% and a net margin of 8.02%. Research analysts expect that Eagle Bancorp Montana, Inc. will post 1.61 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 paid a $0.1425 dividend. The ex-dividend date is Friday, February 14th. This is an increase from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.19%. Eagle Bancorp Montana’s payout ratio is 45.97%.

Insider Activity at Eagle Bancorp Montana

In related news, Director Kenneth M. Walsh sold 10,000 shares of Eagle Bancorp Montana 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 directly owns 126,033 shares in the company, valued at $1,904,358.63. The trade was a 7.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 6.70% of the company’s stock.

Institutional Trading of Eagle Bancorp Montana

Institutional investors have recently modified their holdings of the business. Bank of America Corp DE boosted its stake in shares of Eagle Bancorp Montana by 18.6% in the fourth quarter. Bank of America Corp DE now owns 5,123 shares of the bank’s stock valued at $79,000 after buying an additional 803 shares in the last quarter. Barclays PLC raised its holdings in Eagle Bancorp Montana by 25.8% during the third quarter. Barclays PLC now owns 10,567 shares of the bank’s stock worth $167,000 after purchasing an additional 2,165 shares during the last quarter. Hsbc Holdings PLC acquired a new position in Eagle Bancorp Montana during the fourth quarter worth $166,000. Atria Investments Inc raised its holdings in Eagle Bancorp Montana by 10.0% during the fourth quarter. Atria Investments Inc now owns 11,097 shares of the bank’s stock worth $170,000 after purchasing an additional 1,006 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in Eagle Bancorp Montana during the fourth quarter worth $188,000. 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.