Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Sells $110,230.20 in Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Kenneth M. Walsh sold 6,705 shares of the business’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $16.44, for a total value of $110,230.20. Following the transaction, the director now directly owns 141,033 shares of the company’s stock, valued at $2,318,582.52. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Eagle Bancorp Montana Stock Performance

Shares of EBMT opened at $16.90 on Friday. Eagle Bancorp Montana, Inc. has a 1 year low of $11.26 and a 1 year high of $17.65. The stock has a market capitalization of $135.54 million, a P/E ratio of 15.65 and a beta of 0.52. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.93 and a current ratio of 0.94. The company’s fifty day moving average is $15.92 and its two-hundred day moving average is $14.29.

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

Eagle Bancorp Montana Announces Dividend

The firm 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 $0.142 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.57 dividend on an annualized basis and a yield of 3.36%. Eagle Bancorp Montana’s payout ratio is 52.78%.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Eagle Bancorp Montana in a research report on Sunday, September 15th. They set a “hold” rating for the company.

Institutional Trading of Eagle Bancorp Montana

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of 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 in the last quarter. Empowered Funds LLC raised its holdings in Eagle Bancorp Montana by 7.6% in the 1st quarter. Empowered Funds LLC now owns 19,936 shares of the bank’s stock valued at $256,000 after acquiring an additional 1,400 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake 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 worth $1,236,000 after purchasing an additional 2,937 shares during the period. Brandes Investment Partners LP boosted its holdings 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 during the last quarter. Finally, John G Ullman & Associates Inc. boosted its holdings in shares of Eagle Bancorp Montana by 105.1% during the first quarter. John G Ullman & Associates Inc. now owns 52,082 shares of the bank’s stock worth $669,000 after purchasing an additional 26,690 shares during the last quarter. Hedge funds and other institutional investors own 35.66% of the company’s stock.

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.