Fourthstone LLC Purchases 5,898 Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)

Fourthstone LLC raised its holdings in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 1.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 520,663 shares of the bank’s stock after purchasing an additional 5,898 shares during the quarter. Eagle Bancorp Montana accounts for approximately 1.8% of Fourthstone LLC’s investment portfolio, making the stock its 18th biggest position. Fourthstone LLC owned about 6.49% of Eagle Bancorp Montana worth $8,221,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Empowered Funds LLC raised its stake in 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. Vanguard Group Inc. grew its stake in shares of Eagle Bancorp Montana by 0.3% during the first quarter. Vanguard Group Inc. now owns 361,193 shares of the bank’s stock worth $4,638,000 after buying an additional 1,075 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings 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 buying an additional 2,937 shares in the last quarter. John G Ullman & Associates Inc. lifted its stake in shares of 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 valued at $988,000 after acquiring an additional 7,382 shares during the last quarter. Finally, Brandes Investment Partners LP boosted its holdings in shares of Eagle Bancorp Montana by 14.3% during the 2nd quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock valued at $2,254,000 after acquiring an additional 21,441 shares in the last quarter. Institutional investors own 35.66% of the company’s stock.

Eagle Bancorp Montana Trading Down 0.3 %

EBMT stock traded down $0.06 during trading on Thursday, hitting $17.42. The company had a trading volume of 4,992 shares, compared to its average volume of 11,459. The stock has a market cap of $139.71 million, a PE ratio of 16.19 and a beta of 0.52. The business has a 50-day moving average of $16.38 and a 200-day moving average of $14.68. 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, Inc. has a one year low of $11.83 and a one year high of $17.65.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings data on Tuesday, October 29th. The bank reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.04. Eagle Bancorp Montana had a net margin of 7.03% and a return on equity of 4.96%. The company had revenue of $31.74 million for the quarter, compared to analyst estimates of $20.60 million. Research analysts predict that Eagle Bancorp Montana, Inc. will post 1.1 earnings per share for the current fiscal year.

Eagle Bancorp Montana Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders 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 dividend yield of 3.26%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana’s dividend payout ratio is 52.78%.

Insider Buying and Selling

In related news, Director Peter Joseph Johnson sold 5,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $16.97, for a total value of $84,850.00. Following the completion of the sale, the director now directly owns 57,838 shares of the company’s stock, valued at $981,510.86. The trade was a 7.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Kenneth M. Walsh sold 6,705 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $16.44, for a total value of $110,230.20. Following the transaction, the director now directly owns 141,033 shares in the company, valued at $2,318,582.52. The trade was a 4.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,795 shares of company stock valued at $213,610 over the last 90 days. Company insiders own 6.70% of the company’s stock.

Analyst Ratings Changes

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

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.