Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Sells $18,530.00 in Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Thomas J. Mccarvel sold 1,090 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $17.00, for a total transaction of $18,530.00. Following the sale, the director now owns 38,417 shares in the company, valued at $653,089. This trade represents a 2.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Eagle Bancorp Montana Stock Down 0.6 %

NASDAQ:EBMT opened at $16.85 on Friday. The stock has a 50-day simple moving average of $16.12 and a 200 day simple moving average of $14.44. Eagle Bancorp Montana, Inc. has a 52-week low of $11.63 and a 52-week high of $17.65. The company has a market cap of $135.14 million, a PE ratio of 15.60 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.

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

Eagle Bancorp Montana Announces Dividend

The firm also recently declared 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 3.37%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana’s payout ratio is currently 52.78%.

Analyst Ratings Changes

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

Hedge Funds Weigh In On Eagle Bancorp Montana

A number of institutional investors have recently bought and sold shares of the business. Empowered Funds LLC lifted its position in shares of Eagle Bancorp Montana by 7.6% in the first quarter. Empowered Funds LLC now owns 19,936 shares of the bank’s stock valued at $256,000 after buying an additional 1,400 shares during the last quarter. John G Ullman & Associates Inc. lifted its holdings in 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. Dimensional Fund Advisors LP boosted its position in Eagle Bancorp Montana by 3.3% during 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 increased its holdings in shares of Eagle Bancorp Montana by 14.3% in the second quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock valued at $2,254,000 after purchasing an additional 21,441 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Eagle Bancorp Montana by 0.3% in the first 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. Institutional investors and hedge funds 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.