Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Peter Joseph Johnson Sells 5,000 Shares

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Peter Joseph Johnson sold 5,000 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $16.97, for a total transaction of $84,850.00. Following the completion of the sale, the director now owns 57,838 shares of the company’s stock, valued at approximately $981,510.86. The trade was a 7.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Eagle Bancorp Montana Stock Performance

Shares of EBMT opened at $17.42 on Thursday. The stock has a 50 day moving average of $16.38 and a 200 day moving average of $14.68. The company has a market capitalization of $139.71 million, a price-to-earnings ratio of 16.19 and a beta of 0.52. Eagle Bancorp Montana, Inc. has a 12 month low of $11.83 and a 12 month high of $17.65. 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) last released its earnings results on Tuesday, October 29th. The bank reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.04. The company had revenue of $31.74 million for the quarter, compared to analysts’ expectations of $20.60 million. Eagle Bancorp Montana had a return on equity of 4.96% and a net margin of 7.03%. As a group, sell-side analysts forecast that Eagle Bancorp Montana, Inc. will post 1.1 earnings per share for the current year.

Eagle Bancorp Montana Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be paid a $0.142 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana’s payout ratio is 52.78%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th.

Institutional Investors Weigh In On Eagle Bancorp Montana

Several large investors have recently modified their holdings of the stock. Barclays PLC lifted its stake in Eagle Bancorp Montana by 25.8% in the third quarter. Barclays PLC now owns 10,567 shares of the bank’s stock valued at $167,000 after purchasing an additional 2,165 shares during the last quarter. State Street Corp lifted its position in shares of Eagle Bancorp Montana by 5.9% during the 3rd quarter. State Street Corp now owns 17,838 shares of the bank’s stock valued at $282,000 after buying an additional 1,000 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Eagle Bancorp Montana by 5.0% during the 3rd quarter. Empowered Funds LLC now owns 22,448 shares of the bank’s stock worth $354,000 after acquiring an additional 1,072 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 during the last quarter. Finally, Geode Capital Management LLC raised 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. Hedge funds and other institutional investors own 35.66% of the company’s stock.

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.