Kenneth M. Walsh Sells 6,705 Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Kenneth M. Walsh sold 6,705 shares of the business’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $16.44, for a total value of $110,230.20. Following the completion of the sale, the director now owns 141,033 shares in the company, valued at $2,318,582.52. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Eagle Bancorp Montana Stock Up 0.6 %

Shares of EBMT stock traded up $0.10 on Tuesday, reaching $16.25. 21,452 shares of the stock were exchanged, compared to its average volume of 10,606. The company has a market capitalization of $130.33 million, a price-to-earnings ratio of 15.05 and a beta of 0.52. The business’s 50 day moving average price is $15.82 and its 200 day moving average price is $14.23. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.61. Eagle Bancorp Montana, Inc. has a twelve month low of $11.26 and a twelve month high of $17.65.

Eagle Bancorp Montana (NASDAQ:EBMT) last released 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. 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%. As a group, sell-side 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 company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be given a dividend of $0.142 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana’s dividend payout ratio (DPR) is currently 52.78%.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Eagle Bancorp Montana in a research note on Sunday, September 15th. They set a “hold” rating on the stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of EBMT. Empowered Funds LLC lifted its holdings in Eagle Bancorp Montana by 7.6% in the first quarter. Empowered Funds LLC now owns 19,936 shares of the bank’s stock valued at $256,000 after acquiring an additional 1,400 shares during the period. John G Ullman & Associates Inc. lifted its position in shares of Eagle Bancorp Montana by 105.1% during the 1st quarter. John G Ullman & Associates Inc. now owns 52,082 shares of the bank’s stock valued at $669,000 after acquiring an additional 26,690 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Eagle Bancorp Montana by 3.3% during the 2nd 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. Brandes Investment Partners LP raised its stake 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 worth $2,254,000 after buying an additional 21,441 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Eagle Bancorp Montana by 0.3% in the first quarter. Vanguard Group Inc. now owns 361,193 shares of the bank’s stock valued at $4,638,000 after purchasing an additional 1,075 shares in the last quarter. 35.66% of the stock is currently 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.