Insider Selling: Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Sells 10,000 Shares of Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Kenneth M. Walsh sold 10,000 shares of Eagle Bancorp Montana 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 sale, the director now owns 126,033 shares in the company, valued at approximately $1,904,358.63. The trade was a 7.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Eagle Bancorp Montana Trading Up 0.3 %

Shares of NASDAQ EBMT traded up $0.04 during trading on Thursday, hitting $15.40. 31,693 shares of the company were exchanged, compared to its average volume of 23,071. Eagle Bancorp Montana, Inc. has a 12-month low of $12.32 and a 12-month high of $17.62. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.93 and a current ratio of 0.94. The company has a fifty day moving average price of $15.69 and a 200-day moving average price of $15.57. The firm has a market capitalization of $123.51 million, a PE ratio of 12.42 and a beta of 0.53.

Eagle Bancorp Montana (NASDAQ:EBMT) last issued its earnings results on Tuesday, January 28th. The bank reported $0.44 EPS for the quarter, topping analysts’ consensus estimates 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 research analysts expect that Eagle Bancorp Montana, Inc. will post 1.65 EPS for the current year.

Eagle Bancorp Montana Increases Dividend

The firm also recently announced 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 of this dividend is Friday, February 14th. This represents a $0.57 dividend on an annualized basis and a yield of 3.70%. This is an increase from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. Eagle Bancorp Montana’s payout ratio is currently 45.97%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Eagle Bancorp Montana from a “hold” rating to a “buy” rating in a report on Wednesday, January 29th.

Institutional Investors Weigh In On Eagle Bancorp Montana

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Barclays PLC raised its holdings in Eagle Bancorp Montana by 25.8% in the 3rd quarter. Barclays PLC now owns 10,567 shares of the bank’s stock valued at $167,000 after buying an additional 2,165 shares during the period. State Street Corp raised its stake in shares of Eagle Bancorp Montana by 5.9% in the 3rd quarter. State Street Corp now owns 17,838 shares of the bank’s stock valued at $282,000 after acquiring an additional 1,000 shares during the period. Geode Capital Management LLC raised its stake in shares of 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. Empowered Funds LLC raised its position in Eagle Bancorp Montana by 5.0% in the third quarter. Empowered Funds LLC now owns 22,448 shares of the bank’s stock valued at $354,000 after purchasing an additional 1,072 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Eagle Bancorp Montana by 3.3% in the second quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank’s stock valued at $1,236,000 after purchasing an additional 2,937 shares during the period. 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.