Insider Selling: Eagle Bancorp Montana Inc (EBMT) CEO Sells 2,069 Shares of Stock

Eagle Bancorp Montana Inc (NASDAQ:EBMT) CEO Peter Joseph Johnson sold 2,069 shares of the company’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $19.75, for a total value of $40,862.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Eagle Bancorp Montana Inc (NASDAQ EBMT) traded up $0.15 on Wednesday, reaching $19.70. The company’s stock had a trading volume of 3,900 shares, compared to its average volume of 3,927. The firm has a market capitalization of $98.02, a P/E ratio of 19.13, a price-to-earnings-growth ratio of 1.33 and a beta of 0.33. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.99 and a quick ratio of 0.97. Eagle Bancorp Montana Inc has a 12-month low of $17.35 and a 12-month high of $21.95.

Eagle Bancorp Montana (NASDAQ:EBMT) last released its earnings results on Monday, January 29th. The bank reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The firm had revenue of $9.81 million during the quarter, compared to the consensus estimate of $9.85 million. Eagle Bancorp Montana had a return on equity of 8.73% and a net margin of 9.73%. research analysts predict that Eagle Bancorp Montana Inc will post 1.47 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Shareholders of record on Friday, February 9th will be given a $0.09 dividend. The ex-dividend date is Thursday, February 8th. This represents a $0.36 dividend on an annualized basis and a yield of 1.83%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is 34.95%.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Deprince Race & Zollo Inc. lifted its position in Eagle Bancorp Montana by 20.2% in the fourth quarter. Deprince Race & Zollo Inc. now owns 232,781 shares of the bank’s stock worth $4,877,000 after purchasing an additional 39,142 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of Eagle Bancorp Montana by 14.9% in the fourth quarter. The Manufacturers Life Insurance Company now owns 232,747 shares of the bank’s stock valued at $4,876,000 after buying an additional 30,226 shares in the last quarter. Maltese Capital Management LLC bought a new position in shares of Eagle Bancorp Montana in the fourth quarter valued at $3,666,000. Kennedy Capital Management Inc. increased its holdings in shares of Eagle Bancorp Montana by 307.5% in the fourth quarter. Kennedy Capital Management Inc. now owns 156,973 shares of the bank’s stock valued at $3,289,000 after buying an additional 118,456 shares in the last quarter. Finally, Thomson Horstmann & Bryant Inc. bought a new position in shares of Eagle Bancorp Montana in the fourth quarter valued at $2,034,000. Hedge funds and other institutional investors own 32.79% of the company’s stock.

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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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