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 dated Friday, November 22nd. The shares were sold at an average price of $16.97, for a total transaction of $84,850.00. Following the completion of the transaction, the director now directly owns 57,838 shares of the company’s stock, valued at $981,510.86. This trade represents a 7.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Eagle Bancorp Montana Stock Performance

Shares of NASDAQ:EBMT traded up $0.45 during trading hours on Monday, hitting $17.51. The stock had a trading volume of 13,469 shares, compared to its average volume of 11,391. Eagle Bancorp Montana, Inc. has a 1-year low of $11.83 and a 1-year high of $17.65. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.93 and a current ratio of 0.94. The firm has a market capitalization of $140.38 million, a price-to-earnings ratio of 15.80 and a beta of 0.52. The stock’s fifty day simple moving average is $16.31 and its 200 day simple moving average is $14.62.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings data on Tuesday, October 29th. The bank reported $0.34 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $31.74 million for the quarter, compared to analyst estimates of $20.60 million. Sell-side analysts anticipate that Eagle Bancorp Montana, Inc. will post 1.1 earnings per share for the current fiscal year.

Eagle Bancorp Montana Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be issued a dividend of $0.142 per share. This represents a $0.57 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana’s payout ratio is 52.78%.

Institutional Trading of Eagle Bancorp Montana

Large investors have recently added to or reduced their stakes in the business. Barclays PLC boosted 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 buying an additional 2,165 shares in the last quarter. State Street Corp boosted its stake in 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 purchasing an additional 1,000 shares during the period. Empowered Funds LLC boosted its stake in Eagle Bancorp Montana by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 22,448 shares of the bank’s stock worth $354,000 after purchasing an additional 1,072 shares during the period. John G Ullman & Associates Inc. boosted its stake in Eagle Bancorp Montana by 13.4% in the 3rd quarter. John G Ullman & Associates Inc. now owns 62,574 shares of the bank’s stock worth $988,000 after purchasing an additional 7,382 shares during the period. Finally, Geode Capital Management LLC boosted its stake in Eagle Bancorp Montana by 17.5% in the 3rd quarter. Geode Capital Management LLC now owns 77,133 shares of the bank’s stock worth $1,218,000 after purchasing an additional 11,490 shares during the period. 35.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

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.