Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.21 and traded as high as $15.40. Eagle Bancorp Montana shares last traded at $15.26, with a volume of 25,769 shares.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of Eagle Bancorp Montana from a "buy" rating to a "hold" rating in a research report on Wednesday, November 20th.
Get Our Latest Stock Analysis on Eagle Bancorp Montana
Eagle Bancorp Montana Stock Performance
The stock's fifty day simple moving average is $16.65 and its 200-day simple moving average is $15.22. The company has a market capitalization of $122.34 million, a PE ratio of 14.13 and a beta of 0.51. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 1.57.
Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) last issued 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 4.96% and a net margin of 7.03%. On average, research analysts predict that Eagle Bancorp Montana, Inc. will post 1.1 earnings per share for the current fiscal year.
Eagle Bancorp Montana Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 15th were paid a $0.142 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.57 dividend on an annualized basis and a yield of 3.72%. Eagle Bancorp Montana's payout ratio is 52.78%.
Insiders Place Their Bets
In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 6,705 shares of the firm's stock in a transaction on Friday, November 1st. The stock was sold at an average price of $16.44, for a total transaction of $110,230.20. Following the completion of the transaction, the director now owns 141,033 shares of the company's stock, valued at approximately $2,318,582.52. This trade represents a 4.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Peter Joseph Johnson sold 5,000 shares of the company's stock in a transaction on Friday, November 22nd. The shares were 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 in the company, valued at $981,510.86. This represents a 7.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,795 shares of company stock worth $213,610. Insiders own 6.70% of the company's stock.
Institutional Investors Weigh In On Eagle Bancorp Montana
A number of hedge funds and other institutional investors have recently modified their holdings of EBMT. Barclays PLC boosted its position in Eagle Bancorp Montana by 25.8% during the third quarter. Barclays PLC now owns 10,567 shares of the bank's stock worth $167,000 after acquiring an additional 2,165 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Eagle Bancorp Montana by 17.5% during the 3rd quarter. Geode Capital Management LLC now owns 77,133 shares of the bank's stock worth $1,218,000 after purchasing an additional 11,490 shares during the period. State Street Corp boosted its holdings in shares of Eagle Bancorp Montana by 5.9% during the third quarter. State Street Corp now owns 17,838 shares of the bank's stock worth $282,000 after purchasing an additional 1,000 shares during the last quarter. Fourthstone LLC grew its position in shares of Eagle Bancorp Montana by 1.1% in the third quarter. Fourthstone LLC now owns 520,663 shares of the bank's stock valued at $8,221,000 after purchasing an additional 5,898 shares during the period. Finally, John G Ullman & Associates Inc. increased its stake in Eagle Bancorp Montana by 13.4% in the third 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 hedge funds and other institutional investors.
Eagle Bancorp Montana Company Profile
(
Get 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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