Kenneth M. Walsh Sells 10,000 Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Kenneth M. Walsh sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $15.11, for a total value of $151,100.00. Following the sale, the director now owns 126,033 shares of the company’s stock, valued at approximately $1,904,358.63. The trade was a 7.35 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Eagle Bancorp Montana Stock Up 0.3 %

NASDAQ:EBMT opened at $15.40 on Friday. Eagle Bancorp Montana, Inc. has a 1 year low of $12.32 and a 1 year high of $17.62. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.57. The stock has a market cap of $123.51 million, a price-to-earnings ratio of 12.42 and a beta of 0.53. The stock has a 50-day moving average price of $15.65 and a two-hundred day moving average price of $15.57.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its earnings results on Tuesday, January 28th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.15. Eagle Bancorp Montana had a return on equity of 5.68% and a net margin of 8.02%. As a group, equities analysts expect that Eagle Bancorp Montana, Inc. will post 1.65 earnings per share for the current year.

Eagle Bancorp Montana Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 14th will be given a dividend of $0.1425 per share. This is a boost from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a dividend yield of 3.70%. The ex-dividend date is Friday, February 14th. Eagle Bancorp Montana’s dividend payout ratio is currently 45.97%.

Analyst Ratings Changes

Separately, StockNews.com raised Eagle Bancorp Montana from a “hold” rating to a “buy” rating in a research note on Wednesday, January 29th.

Institutional Trading of Eagle Bancorp Montana

Institutional investors and hedge funds have recently bought and sold shares of the stock. Barclays PLC raised its stake in Eagle Bancorp Montana by 25.8% in the third quarter. Barclays PLC now owns 10,567 shares of the bank’s stock valued at $167,000 after buying an additional 2,165 shares during the period. Atria Investments Inc grew its position in Eagle Bancorp Montana by 10.0% during the fourth quarter. Atria Investments Inc now owns 11,097 shares of the bank’s stock worth $170,000 after buying an additional 1,006 shares in the last quarter. State Street Corp boosted its holdings in shares of Eagle Bancorp Montana by 5.9% in the 3rd quarter. State Street Corp now owns 17,838 shares of the bank’s stock valued at $282,000 after purchasing an additional 1,000 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Eagle Bancorp Montana by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 22,448 shares of the bank’s stock valued at $354,000 after purchasing an additional 1,072 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of Eagle Bancorp Montana by 3.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 45,699 shares of the bank’s stock worth $701,000 after purchasing an additional 1,699 shares during the last quarter. Institutional investors own 35.66% of the company’s stock.

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.