Eagle Bancorp Montana Inc (NASDAQ:EBMT) CFO Laura Clark bought 516 shares of the company’s stock in a transaction that occurred on Monday, May 14th. The stock was purchased at an average price of $19.75 per share, for a total transaction of $10,191.00. Following the acquisition, the chief financial officer now directly owns 6,022 shares in the company, valued at $118,934.50. The purchase was disclosed in a legal filing with the SEC, which is available through this link.
Eagle Bancorp Montana remained flat at $$19.75 during trading on Friday, according to MarketBeat. 1,212 shares of the company traded hands, compared to its average volume of 5,889. The company has a market cap of $107.84 million, a P/E ratio of 15.55, a PEG ratio of 1.68 and a beta of 0.30. Eagle Bancorp Montana Inc has a 12-month low of $17.35 and a 12-month high of $21.95. The company has a quick ratio of 0.91, a current ratio of 0.93 and a debt-to-equity ratio of 1.04.
Eagle Bancorp Montana (NASDAQ:EBMT) last announced its earnings results on Tuesday, April 24th. The bank reported $0.15 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.10). The firm had revenue of $9.53 million during the quarter, compared to the consensus estimate of $12.68 million. Eagle Bancorp Montana had a return on equity of 7.25% and a net margin of 9.04%. equities research analysts forecast that Eagle Bancorp Montana Inc will post 1.18 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Friday, May 11th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Thursday, May 10th. This represents a $0.36 annualized dividend and a yield of 1.82%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 28.35%.
Several research analysts recently commented on the stock. ValuEngine downgraded shares of Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a report on Monday, May 7th. Zacks Investment Research downgraded shares of Eagle Bancorp Montana from a “hold” rating to a “strong sell” rating in a report on Friday, April 27th. Finally, FIG Partners reiterated an “outperform” rating on shares of Eagle Bancorp Montana in a report on Thursday, April 26th.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Glacier Peak Capital LLC grew its position in Eagle Bancorp Montana by 1.6% in the 1st quarter. Glacier Peak Capital LLC now owns 392,786 shares of the bank’s stock worth $8,150,000 after purchasing an additional 6,186 shares during the last quarter. Deprince Race & Zollo Inc. grew its position in Eagle Bancorp Montana by 20.2% in the 4th quarter. Deprince Race & Zollo Inc. now owns 232,781 shares of the bank’s stock worth $4,877,000 after purchasing an additional 39,142 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Eagle Bancorp Montana by 14.9% in the 4th quarter. The Manufacturers Life Insurance Company now owns 232,747 shares of the bank’s stock worth $4,876,000 after purchasing an additional 30,226 shares during the last quarter. Maltese Capital Management LLC grew its position in Eagle Bancorp Montana by 14.3% in the 1st quarter. Maltese Capital Management LLC now owns 200,000 shares of the bank’s stock worth $4,150,000 after purchasing an additional 25,000 shares during the last quarter. Finally, Kennedy Capital Management Inc. grew its position in Eagle Bancorp Montana by 307.5% in the 4th quarter. Kennedy Capital Management Inc. now owns 156,973 shares of the bank’s stock worth $3,289,000 after purchasing an additional 118,456 shares during the last quarter. Hedge funds and other institutional investors own 43.45% 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 in Montana. The company offers one-to-four family residential mortgage loans; commercial real estate loans; real estate construction loans; home equity loans; commercial business loans consisting of business loans and lines of credit on a secured and unsecured basis; and consumer loans comprising loans that are secured by collateral other than real estate, such as automobiles, recreational vehicles, and boats.
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