Eagle Bancorp Montana Inc (EBMT) Director Acquires $39,400.00 in Stock

Eagle Bancorp Montana Inc (NASDAQ:EBMT) Director Rick Hays bought 2,000 shares of Eagle Bancorp Montana stock in a transaction dated Thursday, February 15th. The stock was purchased at an average cost of $19.70 per share, for a total transaction of $39,400.00. Following the purchase, the director now owns 22,729 shares of the company’s stock, valued at approximately $447,761.30. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Eagle Bancorp Montana Inc (EBMT) traded down $0.05 on Friday, hitting $20.00. 1,194 shares of the stock traded hands, compared to its average volume of 4,803. Eagle Bancorp Montana Inc has a 1-year low of $17.35 and a 1-year high of $21.95. The stock has a market capitalization of $100.52, a P/E ratio of 19.42, a P/E/G ratio of 1.36 and a beta of 0.33. The company has a current ratio of 0.99, a quick ratio of 0.97 and a debt-to-equity ratio of 1.72.

Eagle Bancorp Montana (NASDAQ:EBMT) last announced its earnings results on Monday, January 29th. The bank reported $0.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.02. Eagle Bancorp Montana had a net margin of 5.64% and a return on equity of 3.02%. The business had revenue of $9.81 million for the quarter, compared to the consensus estimate of $9.85 million. sell-side analysts forecast that Eagle Bancorp Montana Inc will post 1.47 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Stockholders of record on Friday, February 9th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend is Thursday, February 8th. 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 “sell” rating in a research note on Thursday, February 8th.

Institutional investors and hedge funds have recently made changes to their positions in the company. Deutsche Bank AG raised its stake in shares of Eagle Bancorp Montana by 37.9% in the fourth quarter. Deutsche Bank AG now owns 13,333 shares of the bank’s stock valued at $279,000 after acquiring an additional 3,664 shares during the period. US Bancorp DE increased its stake in Eagle Bancorp Montana by 21.9% in the 4th quarter. US Bancorp DE now owns 17,229 shares of the bank’s stock worth $361,000 after buying an additional 3,098 shares during the period. Dimensional Fund Advisors LP increased its stake in Eagle Bancorp Montana by 44.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 38,500 shares of the bank’s stock worth $697,000 after buying an additional 11,804 shares during the period. Renaissance Technologies LLC increased its stake in Eagle Bancorp Montana by 58.8% in the 4th quarter. Renaissance Technologies LLC now owns 41,600 shares of the bank’s stock worth $872,000 after buying an additional 15,400 shares during the period. Finally, Vanguard Group Inc. increased its stake in Eagle Bancorp Montana by 3.8% in the 2nd quarter. Vanguard Group Inc. now owns 46,873 shares of the bank’s stock worth $848,000 after buying an additional 1,723 shares during the period. 32.79% of the stock is currently owned by institutional investors and hedge funds.

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About Eagle Bancorp Montana

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.

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