Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Shares Sold by John G Ullman & Associates Inc.

John G Ullman & Associates Inc. decreased its holdings in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 3.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 60,137 shares of the bank’s stock after selling 2,437 shares during the quarter. John G Ullman & Associates Inc.’s holdings in Eagle Bancorp Montana were worth $922,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Empowered Funds LLC grew its stake in shares of Eagle Bancorp Montana by 4.3% in the fourth quarter. Empowered Funds LLC now owns 23,408 shares of the bank’s stock worth $359,000 after acquiring an additional 960 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Eagle Bancorp Montana by 3.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 45,699 shares of the bank’s stock worth $701,000 after acquiring an additional 1,699 shares in the last quarter. Barclays PLC grew its stake in shares of Eagle Bancorp Montana by 25.8% in the third quarter. Barclays PLC now owns 10,567 shares of the bank’s stock worth $167,000 after acquiring an additional 2,165 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Eagle Bancorp Montana by 17.5% in the third quarter. Geode Capital Management LLC now owns 77,133 shares of the bank’s stock worth $1,218,000 after acquiring an additional 11,490 shares in the last quarter. Finally, State Street Corp grew its stake in shares of Eagle Bancorp Montana by 5.9% in the third quarter. State Street Corp now owns 17,838 shares of the bank’s stock worth $282,000 after acquiring an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 35.66% of the company’s stock.

Insider Buying and Selling at Eagle Bancorp Montana

In other news, Director Kenneth M. Walsh sold 10,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $15.11, for a total value of $151,100.00. Following the completion of the sale, the director now directly owns 126,033 shares of the company’s stock, valued at approximately $1,904,358.63. This represents a 7.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 6.70% of the stock is currently owned by insiders.

Eagle Bancorp Montana Stock Performance

Shares of EBMT stock opened at $17.88 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.57. Eagle Bancorp Montana, Inc. has a 12 month low of $12.32 and a 12 month high of $18.37. The company has a market cap of $143.34 million, a P/E ratio of 14.42 and a beta of 0.53. The firm has a fifty day moving average price of $15.70 and a 200 day moving average price of $15.92.

Eagle Bancorp Montana (NASDAQ:EBMT) last released its quarterly earnings data on Tuesday, January 28th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.15. Eagle Bancorp Montana had a net margin of 8.02% and a return on equity of 5.68%. Sell-side analysts predict that Eagle Bancorp Montana, Inc. will post 1.61 earnings per share for the current fiscal year.

Eagle Bancorp Montana Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 14th will be paid a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. Eagle Bancorp Montana’s dividend payout ratio is currently 45.97%.

Wall Street Analysts Forecast Growth

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

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.