Eagle Bancorp Montana (NASDAQ:EBMT) Director Sells $96,667.52 in Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Peter Joseph Johnson sold 4,192 shares of Eagle Bancorp Montana stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $23.06, for a total transaction of $96,667.52. Following the transaction, the director owned 48,873 shares in the company, valued at approximately $1,127,011.38. This trade represents a 7.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Peter Joseph Johnson also recently made the following trade(s):

• On Wednesday, February 11th, Peter Joseph Johnson sold 3,355 shares of Eagle Bancorp Montana stock. The shares were sold at an average price of $23.11, for a total value of $77,534.05.

Eagle Bancorp Montana Stock Down 0.5%

Shares of NASDAQ:EBMT opened at $22.54 on Friday. The firm has a market cap of $179.24 million, a P/E ratio of 11.99 and a beta of 0.31. Eagle Bancorp Montana, Inc. has a 12-month low of $15.10 and a 12-month high of $23.75. The business has a fifty day simple moving average of $20.57 and a 200 day simple moving average of $18.13. The company has a quick ratio of 0.88, a current ratio of 0.89 and a debt-to-equity ratio of 0.74.

Eagle Bancorp Montana (NASDAQ:EBMT) last released its quarterly earnings results on Tuesday, January 27th. The bank reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.13. The firm had revenue of $24.29 million for the quarter, compared to analyst estimates of $18.89 million. Eagle Bancorp Montana had a return on equity of 8.17% and a net margin of 11.67%. Analysts predict that Eagle Bancorp Montana, Inc. will post 1.61 earnings per share for the current year.

Eagle Bancorp Montana Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Friday, February 13th will be issued a $0.145 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.58 annualized dividend and a yield of 2.6%. Eagle Bancorp Montana’s dividend payout ratio is presently 30.85%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EBMT. Weiss Ratings restated a “buy (b-)” rating on shares of Eagle Bancorp Montana in a research report on Monday, December 29th. Zacks Research raised shares of Eagle Bancorp Montana from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 2nd. Finally, DA Davidson upped their price target on shares of Eagle Bancorp Montana from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $23.00.

Institutional Investors Weigh In On Eagle Bancorp Montana

Several hedge funds and other institutional investors have recently bought and sold shares of EBMT. Brandes Investment Partners LP boosted its position in shares of Eagle Bancorp Montana by 6.0% during the 4th quarter. Brandes Investment Partners LP now owns 413,888 shares of the bank’s stock worth $8,236,000 after purchasing an additional 23,519 shares in the last quarter. Fourthstone LLC raised its stake in Eagle Bancorp Montana by 272.3% during the 4th quarter. Fourthstone LLC now owns 342,748 shares of the bank’s stock worth $6,821,000 after buying an additional 250,681 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Eagle Bancorp Montana by 4.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 196,281 shares of the bank’s stock worth $3,906,000 after acquiring an additional 8,432 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Eagle Bancorp Montana by 108.0% in the second quarter. Geode Capital Management LLC now owns 173,405 shares of the bank’s stock worth $2,891,000 after acquiring an additional 90,024 shares in the last quarter. Finally, Hillsdale Investment Management Inc. grew its stake in Eagle Bancorp Montana by 549.7% in the second quarter. Hillsdale Investment Management Inc. now owns 118,900 shares of the bank’s stock valued at $1,982,000 after acquiring an additional 100,600 shares during the period. 35.66% of the stock is owned by institutional investors.

About Eagle Bancorp Montana

Eagle Bancorp Montana, Inc is a bank holding company headquartered in Helena, Montana, that operates through its wholly owned subsidiary, Eagle Bank & Trust. The company offers a range of community banking services to individuals, small businesses and governmental entities. Its core offerings include deposit accounts, commercial and consumer lending, mortgage financing and treasury management.

Through Eagle Bank & Trust, the company provides checking and savings accounts, certificates of deposit, online and mobile banking platforms, ATM access and cash management solutions designed to meet the needs of local customers.