Eagle Bancorp Montana (NASDAQ:EBMT) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $16.40 and traded as high as $16.65. Eagle Bancorp Montana shares last traded at $16.56, with a volume of 58,024 shares.

Eagle Bancorp Montana Stock Up 4.0%

The company has a market capitalization of $132.15 million, a PE ratio of 11.74 and a beta of 0.36. The stock’s fifty day moving average is $16.90 and its two-hundred day moving average is $16.40. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 1.04.

Eagle Bancorp Montana (NASDAQ:EBMT) last released its earnings results on Tuesday, April 29th. The bank reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.08. Eagle Bancorp Montana had a net margin of 9.03% and a return on equity of 6.35%. The firm had revenue of $20.90 million during the quarter, compared to the consensus estimate of $16.69 million. As a group, analysts predict that Eagle Bancorp Montana, Inc. will post 1.61 EPS for the current year.

Eagle Bancorp Montana Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 3.44%. The ex-dividend date of this dividend was Friday, May 16th. Eagle Bancorp Montana’s dividend payout ratio (DPR) is 40.43%.

Insiders Place Their Bets

In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 10,000 shares of the stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $17.75, for a total transaction of $177,500.00. Following the completion of the transaction, the director now owns 116,033 shares in the company, valued at $2,059,585.75. This trade represents a 7.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 6.10% of the company’s stock.

Institutional Trading of Eagle Bancorp Montana

Institutional investors have recently modified their holdings of the business. Acadian Asset Management LLC grew its position in shares of Eagle Bancorp Montana by 40.6% in the first quarter. Acadian Asset Management LLC now owns 38,802 shares of the bank’s stock valued at $648,000 after purchasing an additional 11,201 shares in the last quarter. Jane Street Group LLC boosted its stake in Eagle Bancorp Montana by 193.4% in the 1st quarter. Jane Street Group LLC now owns 35,946 shares of the bank’s stock worth $602,000 after purchasing an additional 23,694 shares during the period. Empowered Funds LLC grew its holdings in Eagle Bancorp Montana by 7.3% during the 1st quarter. Empowered Funds LLC now owns 25,114 shares of the bank’s stock valued at $421,000 after buying an additional 1,706 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Eagle Bancorp Montana by 127.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 31,256 shares of the bank’s stock valued at $524,000 after buying an additional 17,509 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its position 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 valued at $38,000 after buying an additional 1,766 shares during the period. 35.66% of the stock is currently owned by hedge funds and other institutional investors.

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.