John G Ullman & Associates Inc. Purchases 7,382 Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)

John G Ullman & Associates Inc. raised its position in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 13.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 62,574 shares of the bank’s stock after purchasing an additional 7,382 shares during the period. John G Ullman & Associates Inc. owned 0.78% of Eagle Bancorp Montana worth $988,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of EBMT. Empowered Funds LLC lifted its holdings in Eagle Bancorp Montana by 5.0% in 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. Vanguard Group Inc. lifted its stake in shares of Eagle Bancorp Montana by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 361,193 shares of the bank’s stock valued at $4,638,000 after purchasing an additional 1,075 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Eagle Bancorp Montana by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank’s stock valued at $1,236,000 after purchasing an additional 2,937 shares in the last quarter. Finally, Brandes Investment Partners LP grew its stake in Eagle Bancorp Montana by 14.3% during the second quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock worth $2,254,000 after purchasing an additional 21,441 shares during the period. 35.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 6,705 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $16.44, for a total transaction of $110,230.20. Following the completion of the sale, the director now directly owns 141,033 shares of the company’s stock, valued at approximately $2,318,582.52. The trade was a 4.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Peter Joseph Johnson sold 7,374 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $14.28, for a total value of $105,300.72. Following the completion of the transaction, the director now owns 61,139 shares in the company, valued at $873,064.92. This represents a 10.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,169 shares of company stock worth $234,061 in the last ninety days. Corporate insiders own 6.70% of the company’s stock.

Eagle Bancorp Montana Trading Down 0.3 %

NASDAQ:EBMT opened at $16.45 on Thursday. Eagle Bancorp Montana, Inc. has a 12 month low of $11.81 and a 12 month high of $17.65. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.57. The stock has a market capitalization of $131.93 million, a price-to-earnings ratio of 15.23 and a beta of 0.52. The firm has a fifty day simple moving average of $16.24 and a two-hundred day simple moving average of $14.56.

Eagle Bancorp Montana (NASDAQ:EBMT) last issued its earnings results on Tuesday, October 29th. The bank reported $0.34 EPS for the quarter, beating the consensus estimate of $0.30 by $0.04. Eagle Bancorp Montana had a return on equity of 4.96% and a net margin of 7.03%. The company had revenue of $31.74 million during the quarter, compared to the consensus estimate of $20.60 million. Analysts expect that Eagle Bancorp Montana, Inc. will post 1.1 EPS for the current fiscal year.

Eagle Bancorp Montana Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be given a dividend of $0.142 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana’s payout ratio is 52.78%.

Eagle Bancorp Montana 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.