Eagle Bancorp Montana, Inc. $EBMT Shares Purchased by Brandes Investment Partners LP

Brandes Investment Partners LP increased its position in shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 6.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 413,888 shares of the bank’s stock after purchasing an additional 23,519 shares during the quarter. Brandes Investment Partners LP owned 0.05% of Eagle Bancorp Montana worth $8,236,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Russell Investments Group Ltd. acquired a new stake in shares of Eagle Bancorp Montana during the third quarter worth about $25,000. Raymond James Financial Inc. acquired a new stake in shares of Eagle Bancorp Montana during the second quarter worth about $28,000. BNP Paribas Financial Markets lifted its holdings in shares of Eagle Bancorp Montana by 60.8% during the third quarter. BNP Paribas Financial Markets now owns 1,757 shares of the bank’s stock worth $30,000 after purchasing an additional 664 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Eagle Bancorp Montana by 355.3% during the first quarter. Jones Financial Companies Lllp now owns 2,263 shares of the bank’s stock worth $38,000 after purchasing an additional 1,766 shares during the period. Finally, State of Wyoming acquired a new stake in shares of Eagle Bancorp Montana during the second quarter worth about $46,000. Institutional investors and hedge funds own 35.66% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on EBMT. DA Davidson lifted their target price on Eagle Bancorp Montana from $22.00 to $24.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Hovde Group lifted their price target on Eagle Bancorp Montana from $20.00 to $23.00 and gave the company a “market perform” rating in a research report on Thursday, April 30th. Zacks Research cut Eagle Bancorp Montana from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. Finally, Weiss Ratings upgraded Eagle Bancorp Montana from a “buy (b)” rating to a “buy (b+)” rating in a research report on Friday, June 5th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $23.50.

Eagle Bancorp Montana Stock Up 0.5%

Eagle Bancorp Montana stock opened at $23.41 on Thursday. The stock has a market capitalization of $186.58 million, a PE ratio of 11.82 and a beta of 0.35. Eagle Bancorp Montana, Inc. has a 12 month low of $15.10 and a 12 month high of $23.94. The business has a 50 day simple moving average of $22.10 and a 200-day simple moving average of $21.00. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.86 and a quick ratio of 0.86.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings data on Tuesday, April 28th. The bank reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.06. The business had revenue of $23.58 million during the quarter, compared to analysts’ expectations of $23.05 million. Eagle Bancorp Montana had a return on equity of 8.29% and a net margin of 12.16%. On average, analysts anticipate that Eagle Bancorp Montana, Inc. will post 2.08 EPS for the current fiscal year.

Eagle Bancorp Montana Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 15th were given a $0.145 dividend. The ex-dividend date was Friday, May 15th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.5%. Eagle Bancorp Montana’s payout ratio is 29.29%.

Insider Activity at Eagle Bancorp Montana

In other news, Director Kenneth M. Walsh sold 10,000 shares of Eagle Bancorp Montana stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $22.83, for a total value of $228,300.00. Following the sale, the director directly owned 82,260 shares of the company’s stock, valued at $1,877,995.80. The trade was a 10.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 5.80% of the stock is owned by company insiders.

Eagle Bancorp Montana Profile

Eagle Bancorp Montana, Inc is a bank holding company headquartered in Helena, Montana, that operates through its wholly owned subsidiary, Eagle Bank & Trust. The company offers a range of community banking services to individuals, small businesses and governmental entities. Its core offerings include deposit accounts, commercial and consumer lending, mortgage financing and treasury management.

Through Eagle Bank & Trust, the company provides checking and savings accounts, certificates of deposit, online and mobile banking platforms, ATM access and cash management solutions designed to meet the needs of local customers.