Maltese Capital Management LLC Takes Position in Eagle Bancorp Montana Inc (EBMT)

Maltese Capital Management LLC purchased a new position in shares of Eagle Bancorp Montana Inc (NASDAQ:EBMT) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 175,000 shares of the bank’s stock, valued at approximately $3,666,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Advisor Group Inc. boosted its holdings in Eagle Bancorp Montana by 148.5% in the 2nd quarter. Advisor Group Inc. now owns 13,914 shares of the bank’s stock valued at $252,000 after purchasing an additional 8,315 shares in the last quarter. US Bancorp DE lifted its position in shares of Eagle Bancorp Montana by 21.9% during the 4th quarter. US Bancorp DE now owns 17,229 shares of the bank’s stock valued at $361,000 after acquiring an additional 3,098 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Eagle Bancorp Montana by 44.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 38,500 shares of the bank’s stock valued at $697,000 after acquiring an additional 11,804 shares during the period. Vanguard Group Inc. lifted its position in shares of Eagle Bancorp Montana by 3.8% during the 2nd quarter. Vanguard Group Inc. now owns 46,873 shares of the bank’s stock valued at $848,000 after acquiring an additional 1,723 shares during the period. Finally, Thomson Horstmann & Bryant Inc. acquired a new stake in shares of Eagle Bancorp Montana during the 4th quarter valued at approximately $2,034,000. 29.23% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Eagle Bancorp Montana Inc (NASDAQ:EBMT) opened at $20.25 on Thursday. Eagle Bancorp Montana Inc has a 12-month low of $17.35 and a 12-month high of $21.95. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.97 and a current ratio of 0.99. The stock has a market cap of $101.28, a P/E ratio of 19.66, a PEG ratio of 1.24 and a beta of 0.33.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings results on Monday, January 29th. The bank reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.02. Eagle Bancorp Montana had a net margin of 9.73% and a return on equity of 8.73%. The company had revenue of $9.81 million during the quarter, compared to the consensus estimate of $9.85 million. sell-side analysts anticipate that Eagle Bancorp Montana Inc will post 1.63 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 2nd. Investors of record on Friday, February 9th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Thursday, February 8th. This represents a $0.36 annualized dividend and a dividend yield of 1.78%. Eagle Bancorp Montana’s dividend payout ratio is currently 34.95%.

Separately, Zacks Investment Research downgraded shares of Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a research report on Thursday, December 21st.

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Eagle Bancorp Montana Profile

Eagle Bancorp Montana, Inc is the bank holding company for Opportunity Bank of Montana (the Bank). The Bank is a Montana-chartered commercial bank. The Bank has equity investments in Certified Development Entities, which have received allocations of New Markets Tax Credits (NMTC). The Company offers wealth management services at its locations through financial advisors employed by the Bank.

Want to see what other hedge funds are holding EBMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eagle Bancorp Montana Inc (NASDAQ:EBMT).

Institutional Ownership by Quarter for Eagle Bancorp Montana (NASDAQ:EBMT)

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