Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Short Interest Update

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Get Free Report) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 9,500 shares, a decline of 13.6% from the March 15th total of 11,000 shares. Based on an average daily volume of 9,800 shares, the short-interest ratio is presently 1.0 days.

Institutional Investors Weigh In On Eagle Bancorp Montana

Several large investors have recently modified their holdings of the stock. The Manufacturers Life Insurance Company grew its stake in shares of Eagle Bancorp Montana by 0.8% in the 1st quarter. The Manufacturers Life Insurance Company now owns 381,935 shares of the bank's stock valued at $8,529,000 after purchasing an additional 3,155 shares during the period. Vanguard Group Inc. grew its position in Eagle Bancorp Montana by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 360,118 shares of the bank's stock worth $5,686,000 after acquiring an additional 2,019 shares during the last quarter. BlackRock Inc. grew its position in Eagle Bancorp Montana by 4.2% during the 2nd quarter. BlackRock Inc. now owns 147,263 shares of the bank's stock worth $1,948,000 after acquiring an additional 5,989 shares during the last quarter. Fourthstone LLC grew its position in Eagle Bancorp Montana by 501.3% during the 1st quarter. Fourthstone LLC now owns 137,817 shares of the bank's stock worth $3,077,000 after acquiring an additional 114,898 shares during the last quarter. Finally, Brandes Investment Partners LP grew its position in Eagle Bancorp Montana by 23.5% during the 3rd quarter. Brandes Investment Partners LP now owns 98,493 shares of the bank's stock worth $1,164,000 after acquiring an additional 18,741 shares during the last quarter. 35.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Eagle Bancorp Montana in a research report on Thursday, December 28th. They set a "hold" rating for the company.

Eagle Bancorp Montana Stock Performance

Eagle Bancorp Montana stock traded down $0.21 during trading hours on Friday, hitting $12.41. The stock had a trading volume of 10,585 shares, compared to its average volume of 8,264. The company has a 50-day moving average of $12.93 and a two-hundred day moving average of $13.12. The company has a quick ratio of 0.90, a current ratio of 0.91 and a debt-to-equity ratio of 1.39. The company has a market cap of $99.49 million, a PE ratio of 9.55 and a beta of 0.53. Eagle Bancorp Montana has a fifty-two week low of $11.26 and a fifty-two week high of $17.65.

Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) last posted its quarterly earnings results on Tuesday, January 23rd. The bank reported $0.28 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.05). The firm had revenue of $30.35 million during the quarter, compared to analyst estimates of $22.10 million. Eagle Bancorp Montana had a net margin of 8.80% and a return on equity of 6.17%. On average, equities research analysts anticipate that Eagle Bancorp Montana will post 1.8 EPS for the current fiscal year.

Eagle Bancorp Montana Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 9th were issued a $0.14 dividend. The ex-dividend date was Thursday, February 8th. This represents a $0.56 annualized dividend and a yield of 4.51%. Eagle Bancorp Montana's dividend payout ratio (DPR) is 43.08%.

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.