O Shaughnessy Asset Management LLC Makes New $270,000 Investment in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)

O Shaughnessy Asset Management LLC acquired a new position in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 17,598 shares of the bank's stock, valued at approximately $270,000. O Shaughnessy Asset Management LLC owned about 0.22% of Eagle Bancorp Montana as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC grew its holdings in Eagle Bancorp Montana by 25.8% in the third quarter. Barclays PLC now owns 10,567 shares of the bank's stock worth $167,000 after purchasing an additional 2,165 shares during the period. Brandes Investment Partners LP grew its holdings in shares of Eagle Bancorp Montana by 9.9% in the fourth quarter. Brandes Investment Partners LP now owns 220,349 shares of the bank's stock worth $3,378,000 after acquiring an additional 19,907 shares during the period. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Eagle Bancorp Montana during the 4th quarter valued at about $308,000. Empowered Funds LLC increased its holdings in Eagle Bancorp Montana by 4.3% during the fourth quarter. Empowered Funds LLC now owns 23,408 shares of the bank's stock valued at $359,000 after buying an additional 960 shares during the last quarter. Finally, Hillsdale Investment Management Inc. purchased a new stake in shares of Eagle Bancorp Montana in the 4th quarter worth $227,000. Institutional investors own 35.66% of the company's stock.

Eagle Bancorp Montana Price Performance

EBMT stock traded up $0.09 during midday trading on Thursday, hitting $16.27. The company's stock had a trading volume of 15,260 shares, compared to its average volume of 18,310. The firm has a market capitalization of $129.82 million, a price-to-earnings ratio of 13.13 and a beta of 0.40. 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, Inc. has a 12 month low of $12.32 and a 12 month high of $18.37. The company has a 50 day moving average of $16.82 and a two-hundred day moving average of $16.32.

Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) last issued 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 return on equity of 5.68% and a net margin of 8.02%. On average, analysts expect that Eagle Bancorp Montana, Inc. will post 1.61 EPS for the current year.

Eagle Bancorp Montana Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 14th were given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 3.50%. This is a boost from Eagle Bancorp Montana's previous quarterly dividend of $0.14. The ex-dividend date was Friday, February 14th. Eagle Bancorp Montana's dividend payout ratio is currently 45.97%.

Analysts Set New Price Targets

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

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 value of $151,100.00. Following the completion of the sale, the director now owns 126,033 shares of the company's stock, 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 document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 6.10% 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.