35,769 Shares in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Bought by Ritholtz Wealth Management

Ritholtz Wealth Management bought a new stake in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 35,769 shares of the bank's stock, valued at approximately $599,000. Ritholtz Wealth Management owned about 0.45% of Eagle Bancorp Montana at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE boosted its position in shares of Eagle Bancorp Montana by 18.6% during the 4th quarter. Bank of America Corp DE now owns 5,123 shares of the bank's stock worth $79,000 after acquiring an additional 803 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in Eagle Bancorp Montana during the fourth quarter worth approximately $166,000. Atria Investments Inc boosted its holdings in Eagle Bancorp Montana by 10.0% in the fourth quarter. Atria Investments Inc now owns 11,097 shares of the bank's stock valued at $170,000 after purchasing an additional 1,006 shares in the last quarter. Jane Street Group LLC purchased a new position in Eagle Bancorp Montana in the fourth quarter valued at approximately $188,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Eagle Bancorp Montana in the fourth quarter valued at approximately $196,000. 35.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Eagle Bancorp Montana

In related news, Director Kenneth M. Walsh sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $17.75, for a total transaction of $177,500.00. Following the transaction, the director now owns 116,033 shares in the company, valued at $2,059,585.75. This trade represents a 7.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 6.10% of the company's stock.

Eagle Bancorp Montana Stock Up 0.4%

Shares of NASDAQ:EBMT opened at $15.52 on Thursday. The company has a market capitalization of $123.85 million, a PE ratio of 11.01 and a beta of 0.36. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 1.04. Eagle Bancorp Montana, Inc. has a twelve month low of $12.61 and a twelve month high of $18.49. The firm has a 50 day simple moving average of $16.94 and a 200-day simple moving average of $16.47.

Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) last posted its earnings results on Tuesday, April 29th. The bank reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.08. Eagle Bancorp Montana had a net margin of 9.03% and a return on equity of 6.35%. The firm had revenue of $20.90 million for the quarter, compared to the consensus estimate of $16.69 million. On average, equities analysts predict that Eagle Bancorp Montana, Inc. will post 1.61 EPS for the current fiscal year.

Eagle Bancorp Montana Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were given a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date was Friday, May 16th. Eagle Bancorp Montana's dividend payout ratio (DPR) is currently 40.43%.

Eagle Bancorp Montana 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.

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