Eagle Bancorp Montana (NASDAQ:EBMT) Stock Passes Above Two Hundred Day Moving Average of $13.49

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.49 and traded as high as $15.87. Eagle Bancorp Montana shares last traded at $15.78, with a volume of 2,457 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Hovde Group began coverage on shares of Eagle Bancorp Montana in a research note on Friday, July 5th. They issued a "market perform" rating and a $13.50 price target on the stock. StockNews.com started coverage on shares of Eagle Bancorp Montana in a research report on Sunday, September 15th. They issued a "hold" rating on the stock.

Eagle Bancorp Montana Price Performance

The stock has a market capitalization of $125.47 million, a P/E ratio of 14.09 and a beta of 0.53. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.61. The stock has a 50 day moving average of $14.52 and a 200-day moving average of $13.49.

Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) last issued its quarterly earnings data on Tuesday, July 23rd. The bank reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by ($0.06). Eagle Bancorp Montana had a return on equity of 5.07% and a net margin of 7.06%. The firm had revenue of $30.09 million during the quarter, compared to analysts' expectations of $20.50 million. On average, equities research analysts anticipate that Eagle Bancorp Montana, Inc. will post 1.06 earnings per share for the current fiscal year.

Eagle Bancorp Montana Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Friday, August 16th were issued a $0.142 dividend. This represents a $0.57 annualized dividend and a yield of 3.63%. The ex-dividend date of this dividend was Friday, August 16th. This is a positive change from Eagle Bancorp Montana's previous quarterly dividend of $0.14. Eagle Bancorp Montana's payout ratio is presently 50.89%.

Insiders Place Their Bets

In other news, Director Peter Joseph Johnson sold 7,374 shares of the firm's stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $14.28, for a total transaction of $105,300.72. Following the completion of the transaction, the director now directly owns 61,139 shares in the company, valued at $873,064.92. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders have sold a total of 9,079 shares of company stock valued at $129,171 in the last 90 days. 6.70% of the stock is owned by insiders.

Institutional Trading of Eagle Bancorp Montana

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Eagle Bancorp Montana by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 361,193 shares of the bank's stock worth $4,638,000 after purchasing an additional 1,075 shares during the period. Empowered Funds LLC raised its stake in shares of Eagle Bancorp Montana by 7.6% during the first quarter. Empowered Funds LLC now owns 19,936 shares of the bank's stock valued at $256,000 after purchasing an additional 1,400 shares during the period. Dimensional Fund Advisors LP increased its holdings in Eagle Bancorp Montana by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank's stock worth $1,236,000 after purchasing an additional 2,937 shares during the last quarter. Brandes Investment Partners LP raised its holdings in Eagle Bancorp Montana by 14.3% in the second quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank's stock valued at $2,254,000 after acquiring an additional 21,441 shares in the last quarter. Finally, John G Ullman & Associates Inc. grew its stake in Eagle Bancorp Montana by 105.1% in the first quarter. John G Ullman & Associates Inc. now owns 52,082 shares of the bank's stock worth $669,000 after purchasing an additional 26,690 shares in the last quarter. 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.