Thomas J. Mccarvel Sells 1,090 Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Thomas J. Mccarvel sold 1,090 shares of Eagle Bancorp Montana stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $17.00, for a total transaction of $18,530.00. Following the completion of the transaction, the director now directly owns 38,417 shares in the company, valued at approximately $653,089. This represents a 2.76 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Eagle Bancorp Montana Stock Down 0.6 %

Shares of EBMT stock opened at $16.85 on Friday. Eagle Bancorp Montana, Inc. has a one year low of $11.63 and a one year high of $17.65. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.94 and a quick ratio of 0.93. The stock has a fifty day moving average price of $16.12 and a 200 day moving average price of $14.44. The stock has a market cap of $135.14 million, a P/E ratio of 15.60 and a beta of 0.52.

Eagle Bancorp Montana (NASDAQ:EBMT) last released its quarterly earnings results on Tuesday, October 29th. The bank reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.04. Eagle Bancorp Montana had a return on equity of 5.02% and a net margin of 7.03%. The firm had revenue of $31.74 million during the quarter, compared to analysts’ expectations of $20.60 million. Analysts predict that Eagle Bancorp Montana, Inc. will post 1.1 earnings per share for the current year.

Eagle Bancorp Montana Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be paid a dividend of $0.142 per share. The ex-dividend date is Friday, November 15th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.37%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 52.78%.

Institutional Investors Weigh In On Eagle Bancorp Montana

A number of institutional investors have recently made changes to their positions in EBMT. Vanguard Group Inc. boosted its holdings in Eagle Bancorp Montana by 0.3% during the first quarter. Vanguard Group Inc. now owns 361,193 shares of the bank’s stock worth $4,638,000 after buying an additional 1,075 shares during the last quarter. Empowered Funds LLC grew its holdings in Eagle Bancorp Montana by 7.6% during the first quarter. Empowered Funds LLC now owns 19,936 shares of the bank’s stock valued at $256,000 after purchasing an additional 1,400 shares during the period. Dimensional Fund Advisors LP raised its holdings in Eagle Bancorp Montana by 3.3% in the second quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank’s stock worth $1,236,000 after purchasing an additional 2,937 shares during the period. Brandes Investment Partners LP boosted its position in shares of 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 in the last quarter. Finally, Fourthstone LLC grew its holdings in shares of Eagle Bancorp Montana by 1.1% in the 3rd quarter. Fourthstone LLC now owns 520,663 shares of the bank’s stock valued at $8,221,000 after buying an additional 5,898 shares during the period. 35.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Eagle Bancorp Montana from a “hold” rating to a “buy” rating in a research report on Tuesday.

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.