Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Thomas J. Mccarvel Sells 1,090 Shares

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Thomas J. Mccarvel sold 1,090 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $17.00, for a total transaction of $18,530.00. Following the transaction, the director now owns 38,417 shares in the company, valued at $653,089. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Eagle Bancorp Montana Stock Performance

EBMT opened at $16.95 on Thursday. 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 company’s fifty day moving average price is $16.09 and its two-hundred day moving average price is $14.42. Eagle Bancorp Montana, Inc. has a 1-year low of $11.54 and a 1-year high of $17.65. The company has a market cap of $135.94 million, a price-to-earnings ratio of 15.69 and a beta of 0.52.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its earnings results on Tuesday, October 29th. The bank reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.04. Eagle Bancorp Montana had a net margin of 7.03% and a return on equity of 5.02%. The firm had revenue of $31.74 million during the quarter, compared to analyst estimates of $20.60 million. On average, analysts expect that Eagle Bancorp Montana, Inc. will post 1.1 EPS for the current fiscal year.

Eagle Bancorp Montana Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be paid a $0.142 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.57 annualized dividend and a dividend yield of 3.35%. Eagle Bancorp Montana’s payout ratio is 52.78%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Eagle Bancorp Montana from a “hold” rating to a “buy” rating in a report on Tuesday.

Institutional Trading of Eagle Bancorp Montana

Several institutional investors have recently made changes to their positions in the company. Fourthstone LLC grew 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 valued at $8,221,000 after buying an additional 5,898 shares during the period. John G Ullman & Associates Inc. grew its position in Eagle Bancorp Montana by 13.4% during the third quarter. John G Ullman & Associates Inc. now owns 62,574 shares of the bank’s stock valued at $988,000 after buying an additional 7,382 shares during the period. Empowered Funds LLC grew its position in Eagle Bancorp Montana by 5.0% during the third quarter. Empowered Funds LLC now owns 22,448 shares of the bank’s stock valued at $354,000 after buying an additional 1,072 shares during the period. Brandes Investment Partners LP grew its position in Eagle Bancorp Montana by 14.3% during the second quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock valued at $2,254,000 after buying an additional 21,441 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in Eagle Bancorp Montana by 3.3% during the second quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank’s stock valued at $1,236,000 after buying an additional 2,937 shares during the period. 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.