Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $16.50 and traded as high as $17.38. Eagle Bancorp Montana shares last traded at $17.33, with a volume of 40,017 shares changing hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen downgraded shares of Eagle Bancorp Montana from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th.
Read Our Latest Research Report on EBMT
Eagle Bancorp Montana Price Performance
The company has a market cap of $135.48 million, a PE ratio of 12.06 and a beta of 0.35. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 1.04. The firm has a 50 day moving average of $16.87 and a two-hundred day moving average of $16.54.
Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The bank reported $0.41 EPS for the quarter, topping the consensus estimate of $0.33 by $0.08. The company had revenue of $20.90 million during the quarter, compared to analyst estimates of $16.69 million. Eagle Bancorp Montana had a return on equity of 6.35% and a net margin of 9.03%. Research analysts predict that Eagle Bancorp Montana, Inc. will post 1.61 earnings per share for the current fiscal year.
Eagle Bancorp Montana Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend was Friday, May 16th. Eagle Bancorp Montana's dividend payout ratio is currently 40.43%.
Insider Activity
In other news, Director Kenneth M. Walsh sold 10,000 shares of the company's stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $17.75, for a total value of $177,500.00. Following the completion of the sale, the director owned 116,033 shares of the company's stock, valued at approximately $2,059,585.75. This represents a 7.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.10% of the company's stock.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the company. Rhino Investment Partners Inc boosted its position in Eagle Bancorp Montana by 18.7% in the 4th quarter. Rhino Investment Partners Inc now owns 203,826 shares of the bank's stock worth $3,125,000 after purchasing an additional 32,074 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Eagle Bancorp Montana by 9.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 110,192 shares of the bank's stock valued at $1,689,000 after purchasing an additional 9,870 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Eagle Bancorp Montana by 23.7% in the 4th quarter. Renaissance Technologies LLC now owns 108,715 shares of the bank's stock worth $1,667,000 after buying an additional 20,812 shares during the last quarter. Acadian Asset Management LLC boosted its stake in shares of Eagle Bancorp Montana by 40.6% in the first quarter. Acadian Asset Management LLC now owns 38,802 shares of the bank's stock worth $648,000 after acquiring an additional 11,201 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in Eagle Bancorp Montana by 193.4% during the 1st quarter. Jane Street Group LLC now owns 35,946 shares of the bank's stock worth $602,000 after purchasing an additional 23,694 shares during the last quarter. 35.66% of the stock is owned by institutional investors and hedge funds.
Eagle Bancorp Montana Company Profile
(
Get Free Report)
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.
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