Eagle Bancorp Montana (NASDAQ:EBMT) Share Price Crosses Above Two Hundred Day Moving Average - What's Next?

Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $15.65 and traded as high as $17.05. Eagle Bancorp Montana shares last traded at $16.99, with a volume of 17,906 shares.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Eagle Bancorp Montana from a "hold" rating to a "buy" rating in a research note on Wednesday, January 29th.

Eagle Bancorp Montana Stock Down 0.3 %

The company has a market cap of $144.52 million, a PE ratio of 14.53 and a beta of 0.53. The company's 50 day moving average is $15.49 and its 200 day moving average is $15.71. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.57.

Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) last posted its earnings results on Tuesday, January 28th. The bank reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.15. Eagle Bancorp Montana had a net margin of 8.02% and a return on equity of 5.68%. As a group, analysts predict that Eagle Bancorp Montana, Inc. will post 1.61 earnings per share for the current fiscal year.

Eagle Bancorp Montana Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 14th will be given a dividend of $0.1425 per share. This is an increase from Eagle Bancorp Montana's previous quarterly dividend of $0.14. The ex-dividend date is Friday, February 14th. This represents a $0.57 dividend on an annualized basis and a yield of 3.16%. Eagle Bancorp Montana's dividend payout ratio (DPR) is 45.97%.

Insider Buying and Selling at Eagle Bancorp Montana

In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 10,000 shares of the firm's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $15.11, for a total transaction of $151,100.00. Following the transaction, the director now owns 126,033 shares of the company's stock, valued at approximately $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 at this hyperlink. Insiders own 6.70% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its holdings in shares of Eagle Bancorp Montana by 18.6% in the 4th quarter. Bank of America Corp DE now owns 5,123 shares of the bank's stock valued at $79,000 after buying an additional 803 shares in the last quarter. Barclays PLC boosted its holdings in shares of 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 buying an additional 2,165 shares in the last quarter. Hsbc Holdings PLC bought a new stake in shares of Eagle Bancorp Montana in the 4th quarter valued at about $166,000. Atria Investments Inc boosted its holdings in shares of Eagle Bancorp Montana by 10.0% in the 4th quarter. Atria Investments Inc now owns 11,097 shares of the bank's stock valued at $170,000 after buying an additional 1,006 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Eagle Bancorp Montana in the 4th quarter valued at about $188,000. Hedge funds and other institutional investors own 35.66% of the company's stock.

Eagle Bancorp Montana Company Profile

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.