Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $16.30 and traded as high as $16.84. Eagle Bancorp Montana shares last traded at $16.77, with a volume of 55,982 shares traded.
Wall Street Analyst Weigh In
Separately, StockNews.com raised Eagle Bancorp Montana from a "hold" rating to a "buy" rating in a research report on Wednesday, January 29th.
Get Our Latest Report on Eagle Bancorp Montana
Eagle Bancorp Montana Stock Performance
The company has a market capitalization of $128.11 million, a PE ratio of 12.95 and a beta of 0.40. The stock's fifty day simple moving average is $16.66 and its 200-day simple moving average is $16.32. 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 (NASDAQ:EBMT - Get Free Report) last released its earnings results on Tuesday, January 28th. The bank reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate 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, equities analysts predict that Eagle Bancorp Montana, Inc. will post 1.61 earnings per share for the current year.
Eagle Bancorp Montana Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 14th were issued a dividend of $0.1425 per share. This is an increase from Eagle Bancorp Montana's previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a dividend yield of 3.55%. The ex-dividend date was Friday, February 14th. Eagle Bancorp Montana's dividend payout ratio (DPR) is presently 45.97%.
Insider Buying and Selling
In other news, Director Kenneth M. Walsh sold 10,000 shares of the firm's stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $15.11, for a total transaction of $151,100.00. Following the completion of the sale, the director now directly owns 126,033 shares in the company, valued at $1,904,358.63. This trade represents a 7.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.10% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Eagle Bancorp Montana
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE grew its position in shares of Eagle Bancorp Montana by 18.6% during the fourth quarter. Bank of America Corp DE now owns 5,123 shares of the bank's stock worth $79,000 after buying an additional 803 shares in the last quarter. Hsbc Holdings PLC bought a new position in Eagle Bancorp Montana during the 4th quarter valued at $166,000. Barclays PLC grew its holdings in Eagle Bancorp Montana by 25.8% during the 3rd quarter. Barclays PLC now owns 10,567 shares of the bank's stock worth $167,000 after acquiring an additional 2,165 shares in the last quarter. Atria Investments Inc increased its position 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 worth $170,000 after purchasing an additional 1,006 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in Eagle Bancorp Montana during the fourth quarter valued at approximately $188,000. 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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