Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Sells $151,100.00 in Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Get Free Report) 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 value of $151,100.00. Following the completion of the transaction, the director now owns 126,033 shares of the company's stock, valued at approximately $1,904,358.63. The trade was 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 the SEC website.

Eagle Bancorp Montana Stock Performance

EBMT traded up $0.07 during midday trading on Monday, hitting $15.20. 11,566 shares of the company were exchanged, compared to its average volume of 22,510. The company's 50 day simple moving average is $15.56 and its 200 day simple moving average is $15.60. The firm has a market capitalization of $121.90 million, a price-to-earnings ratio of 12.26 and a beta of 0.53. Eagle Bancorp Montana, Inc. has a 1-year low of $12.32 and a 1-year high of $17.62. 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 announced its quarterly earnings results on Tuesday, January 28th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating 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, sell-side analysts predict that Eagle Bancorp Montana, Inc. will post 1.61 earnings per share for the current year.

Eagle Bancorp Montana Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 14th will be given a $0.1425 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.75%. This is an increase from Eagle Bancorp Montana's previous quarterly dividend of $0.14. Eagle Bancorp Montana's dividend payout ratio is 45.97%.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Eagle Bancorp Montana

A number of institutional investors have recently modified their holdings of EBMT. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Eagle Bancorp Montana during the fourth quarter worth approximately $308,000. Brandes Investment Partners LP lifted its position in shares of Eagle Bancorp Montana by 9.9% during the 4th quarter. Brandes Investment Partners LP now owns 220,349 shares of the bank's stock valued at $3,378,000 after buying an additional 19,907 shares in the last quarter. Geode Capital Management LLC grew its stake in Eagle Bancorp Montana by 17.5% in the 3rd quarter. Geode Capital Management LLC now owns 77,133 shares of the bank's stock valued at $1,218,000 after acquiring an additional 11,490 shares during the period. John G Ullman & Associates Inc. increased its holdings in Eagle Bancorp Montana by 13.4% in the 3rd quarter. John G Ullman & Associates Inc. now owns 62,574 shares of the bank's stock worth $988,000 after acquiring an additional 7,382 shares in the last quarter. Finally, Fourthstone LLC raised its position in Eagle Bancorp Montana by 1.1% during the third quarter. Fourthstone LLC now owns 520,663 shares of the bank's stock worth $8,221,000 after acquiring an additional 5,898 shares during the period. 35.66% of the stock is currently owned by institutional investors and hedge funds.

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.