Brandes Investment Partners LP lifted its position in shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Free Report) by 9.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 220,349 shares of the bank's stock after purchasing an additional 19,907 shares during the quarter. Brandes Investment Partners LP owned 2.75% of Eagle Bancorp Montana worth $3,378,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in EBMT. Empowered Funds LLC raised its holdings in Eagle Bancorp Montana by 4.3% in the 4th quarter. Empowered Funds LLC now owns 23,408 shares of the bank's stock worth $359,000 after purchasing an additional 960 shares during the period. State Street Corp increased its position in shares of Eagle Bancorp Montana by 5.9% in the third quarter. State Street Corp now owns 17,838 shares of the bank's stock valued at $282,000 after buying an additional 1,000 shares in the last quarter. Atria Investments Inc raised its stake in shares of Eagle Bancorp Montana by 10.0% during the 4th quarter. Atria Investments Inc now owns 11,097 shares of the bank's stock worth $170,000 after buying an additional 1,006 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of Eagle Bancorp Montana by 3.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 45,699 shares of the bank's stock valued at $701,000 after buying an additional 1,699 shares in the last quarter. Finally, Barclays PLC grew its stake in Eagle Bancorp Montana by 25.8% in the 3rd quarter. Barclays PLC now owns 10,567 shares of the bank's stock valued at $167,000 after acquiring an additional 2,165 shares during the period. 35.66% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $15.11, for a total value of $151,100.00. Following the transaction, the director now directly owns 126,033 shares of the company's stock, valued at $1,904,358.63. This trade represents a 7.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 6.70% of the stock is currently owned by company insiders.
Eagle Bancorp Montana Price Performance
EBMT stock traded down $0.02 during trading on Thursday, hitting $16.95. The stock had a trading volume of 40,596 shares, compared to its average volume of 28,722. Eagle Bancorp Montana, Inc. has a twelve month low of $12.32 and a twelve month high of $18.37. The company's 50-day moving average price is $16.23 and its two-hundred day moving average price is $16.18. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.94 and a quick ratio of 0.93. The stock has a market capitalization of $135.89 million, a P/E ratio of 13.67 and a beta of 0.48.
Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) last issued its quarterly earnings results on Tuesday, January 28th. The bank reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.15. Eagle Bancorp Montana had a return on equity of 5.68% and a net margin of 8.02%. As a group, research analysts predict that Eagle Bancorp Montana, Inc. will post 1.61 EPS for the current fiscal year.
Eagle Bancorp Montana Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 14th were given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.36%. This is a boost from Eagle Bancorp Montana's previous quarterly dividend of $0.14. The ex-dividend date was Friday, February 14th. Eagle Bancorp Montana's dividend payout ratio is 45.97%.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded shares of Eagle Bancorp Montana from a "hold" rating to a "buy" rating in a research report on Wednesday, January 29th.
View Our Latest Stock Report on Eagle Bancorp Montana
Eagle Bancorp Montana Profile
(
Free Report)
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.
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