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 stock in a transaction dated Tuesday, November 12th. The stock was 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 of the company’s stock, valued at $653,089. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Eagle Bancorp Montana Trading Down 0.5 %

Shares of Eagle Bancorp Montana stock opened at $16.95 on Thursday. Eagle Bancorp Montana, Inc. has a 12-month low of $11.54 and a 12-month 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. 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 50-day moving average price is $16.09 and its 200-day moving average price is $14.42.

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

Eagle Bancorp Montana Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors 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 3.35%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana’s dividend payout ratio is currently 52.78%.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Eagle Bancorp Montana

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Fourthstone LLC raised its stake in Eagle Bancorp Montana by 1.1% in the third quarter. Fourthstone LLC now owns 520,663 shares of the bank’s stock valued at $8,221,000 after purchasing an additional 5,898 shares in the last quarter. John G Ullman & Associates Inc. raised its stake in shares of 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 worth $988,000 after acquiring an additional 7,382 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Eagle Bancorp Montana by 5.0% during the third quarter. Empowered Funds LLC now owns 22,448 shares of the bank’s stock worth $354,000 after acquiring an additional 1,072 shares in the last quarter. Brandes Investment Partners LP raised its stake in shares of Eagle Bancorp Montana by 14.3% during the second quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock worth $2,254,000 after acquiring an additional 21,441 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Eagle Bancorp Montana by 3.3% during the second quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank’s stock worth $1,236,000 after acquiring an additional 2,937 shares in the last quarter. 35.66% of the stock is owned by hedge funds and other institutional investors.

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.