Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Peter Joseph Johnson Sells 5,000 Shares of Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Peter Joseph Johnson sold 5,000 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $16.97, for a total value of $84,850.00. Following the completion of the sale, the director now owns 57,838 shares of the company’s stock, valued at $981,510.86. This represents a 7.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Eagle Bancorp Montana Price Performance

NASDAQ EBMT opened at $17.40 on Tuesday. The company has a market cap of $139.50 million, a PE ratio of 16.11 and a beta of 0.52. The firm’s 50 day moving average price is $16.35 and its 200-day moving average price is $14.65. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.93 and a current ratio of 0.94. Eagle Bancorp Montana, Inc. has a 52-week low of $11.83 and a 52-week high of $17.65.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its earnings results on Tuesday, October 29th. The bank reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $20.60 million. Sell-side analysts forecast that Eagle Bancorp Montana, Inc. will post 1.1 EPS for the current fiscal year.

Eagle Bancorp Montana Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders 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 annualized dividend and a yield of 3.26%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 52.78%.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Eagle Bancorp Montana

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position 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 worth $4,638,000 after buying an additional 1,075 shares during the last quarter. Dimensional Fund Advisors LP grew 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 last quarter. Brandes Investment Partners LP increased 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. Empowered Funds LLC increased its position in shares of Eagle Bancorp Montana by 5.0% during the third quarter. Empowered Funds LLC now owns 22,448 shares of the bank’s stock worth $354,000 after purchasing an additional 1,072 shares in the last quarter. Finally, John G Ullman & Associates Inc. lifted its holdings in shares of Eagle Bancorp Montana by 13.4% during the 3rd quarter. John G Ullman & Associates Inc. now owns 62,574 shares of the bank’s stock valued at $988,000 after purchasing an additional 7,382 shares during the last quarter. 35.66% of the stock is currently owned by institutional investors.

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.