Eagle Bancorp Montana Inc (NASDAQ:EBMT) Director Larry A. Dreyer sold 2,000 shares of Eagle Bancorp Montana stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $19.75, for a total value of $39,500.00. Following the sale, the director now directly owns 29,135 shares of the company’s stock, valued at $575,416.25. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Shares of Eagle Bancorp Montana Inc (NASDAQ:EBMT) traded up $0.30 during midday trading on Wednesday, reaching $20.60. The company’s stock had a trading volume of 241 shares, compared to its average volume of 3,723. The stock has a market cap of $101.28, a P/E ratio of 19.71, a price-to-earnings-growth ratio of 1.37 and a beta of 0.34. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.99 and a quick ratio of 0.97. Eagle Bancorp Montana Inc has a 12 month low of $17.35 and a 12 month high of $21.95.
Eagle Bancorp Montana (NASDAQ:EBMT) last announced its quarterly earnings results on Monday, January 29th. The bank reported $0.34 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.02. The company had revenue of $9.81 million during the quarter, compared to the consensus estimate of $9.85 million. Eagle Bancorp Montana had a return on equity of 8.73% and a net margin of 9.73%. equities analysts anticipate that Eagle Bancorp Montana Inc will post 1.47 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 2nd. Shareholders of record on Friday, February 9th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend was Thursday, February 8th. Eagle Bancorp Montana’s dividend payout ratio (DPR) is 34.95%.
A number of hedge funds and other institutional investors have recently made changes to their positions in EBMT. Maltese Capital Management LLC purchased a new stake in Eagle Bancorp Montana during the 4th quarter worth about $3,666,000. Kennedy Capital Management Inc. lifted its holdings in shares of Eagle Bancorp Montana by 307.5% in the 4th quarter. Kennedy Capital Management Inc. now owns 156,973 shares of the bank’s stock valued at $3,289,000 after purchasing an additional 118,456 shares during the last quarter. Thomson Horstmann & Bryant Inc. purchased a new stake in shares of Eagle Bancorp Montana in the 4th quarter valued at about $2,034,000. Penn Capital Management Co. Inc. lifted its holdings in shares of Eagle Bancorp Montana by 135.1% in the 4th quarter. Penn Capital Management Co. Inc. now owns 69,686 shares of the bank’s stock valued at $1,460,000 after purchasing an additional 40,043 shares during the last quarter. Finally, Deprince Race & Zollo Inc. lifted its holdings in shares of Eagle Bancorp Montana by 20.2% in the 4th quarter. Deprince Race & Zollo Inc. now owns 232,781 shares of the bank’s stock valued at $4,877,000 after purchasing an additional 39,142 shares during the last quarter. 47.31% of the stock is owned by institutional investors.
Separately, Zacks Investment Research downgraded Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st.
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About Eagle Bancorp Montana
Eagle Bancorp Montana, Inc is the bank holding company for Opportunity Bank of Montana (the Bank). The Bank is a Montana-chartered commercial bank. The Bank has equity investments in Certified Development Entities, which have received allocations of New Markets Tax Credits (NMTC). The Company offers wealth management services at its locations through financial advisors employed by the Bank.
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