Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Sells $18,530.00 in Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Thomas J. Mccarvel sold 1,090 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $17.00, for a total transaction of $18,530.00. Following the sale, the director now owns 38,417 shares of the company’s stock, valued at $653,089. The trade was a 2.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Eagle Bancorp Montana Trading Down 1.5 %

Shares of NASDAQ:EBMT opened at $16.60 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 1.61. Eagle Bancorp Montana, Inc. has a 12-month low of $11.63 and a 12-month high of $17.65. The firm has a fifty day moving average of $16.15 and a two-hundred day moving average of $14.47. The firm has a market capitalization of $133.13 million, a P/E ratio of 15.37 and a beta of 0.52.

Eagle Bancorp Montana (NASDAQ:EBMT) last issued its quarterly earnings data 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 return on equity of 5.02% and a net margin of 7.03%. On average, equities analysts expect that Eagle Bancorp Montana, Inc. will post 1.1 EPS for the current fiscal year.

Eagle Bancorp Montana Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be issued a dividend of $0.142 per share. This represents a $0.57 annualized dividend and a dividend yield of 3.42%. The ex-dividend date is Friday, November 15th. Eagle Bancorp Montana’s dividend payout ratio is currently 52.78%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Eagle Bancorp Montana from a “hold” rating to a “buy” rating in a research note on Tuesday.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Barclays PLC increased its stake in shares of Eagle Bancorp Montana by 25.8% in the third quarter. Barclays PLC now owns 10,567 shares of the bank’s stock worth $167,000 after purchasing an additional 2,165 shares during the period. State Street Corp increased its position in Eagle Bancorp Montana by 5.9% in the 3rd quarter. State Street Corp now owns 17,838 shares of the bank’s stock worth $282,000 after buying an additional 1,000 shares during the period. Empowered Funds LLC lifted its holdings in shares of Eagle Bancorp Montana by 7.6% during the first quarter. Empowered Funds LLC now owns 19,936 shares of the bank’s stock worth $256,000 after buying an additional 1,400 shares during the last quarter. John G Ullman & Associates Inc. lifted its holdings 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 buying an additional 7,382 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Eagle Bancorp Montana by 17.5% in the third 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. Institutional investors and hedge funds 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.