Eagle Bancorp Montana (NASDAQ:EBMT) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $17.43 and traded as high as $20.89. Eagle Bancorp Montana shares last traded at $20.75, with a volume of 51,828 shares.

Analyst Ratings Changes

Several research firms recently issued reports on EBMT. Weiss Ratings restated a “buy (b-)” rating on shares of Eagle Bancorp Montana in a research note on Monday, December 29th. Zacks Research cut shares of Eagle Bancorp Montana from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Eagle Bancorp Montana has an average rating of “Moderate Buy”.

Eagle Bancorp Montana Trading Down 0.7%

The company has a market capitalization of $163.85 million, a price-to-earnings ratio of 11.98 and a beta of 0.31. The company has a current ratio of 0.89, a quick ratio of 0.88 and a debt-to-equity ratio of 0.74. The business’s 50 day moving average price is $18.42 and its two-hundred day moving average price is $17.46.

Eagle Bancorp Montana (NASDAQ:EBMT) last issued its earnings results on Tuesday, October 28th. The bank reported $0.46 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.46. The business had revenue of $23.41 million during the quarter, compared to analysts’ expectations of $18.19 million. Eagle Bancorp Montana had a return on equity of 7.53% and a net margin of 10.76%. On average, equities analysts predict that Eagle Bancorp Montana, Inc. will post 1.61 earnings per share for the current fiscal year.

Eagle Bancorp Montana Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Friday, November 14th were given a $0.145 dividend. This represents a $0.58 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, November 14th. Eagle Bancorp Montana’s dividend payout ratio is 33.72%.

Institutional Trading of Eagle Bancorp Montana

Several institutional investors have recently modified their holdings of EBMT. Goldman Sachs Group Inc. boosted its holdings in Eagle Bancorp Montana by 127.4% in the first quarter. Goldman Sachs Group Inc. now owns 31,256 shares of the bank’s stock valued at $524,000 after acquiring an additional 17,509 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Eagle Bancorp Montana in the 2nd quarter worth approximately $751,000. Ritholtz Wealth Management boosted its stake in shares of Eagle Bancorp Montana by 90.3% in the 2nd quarter. Ritholtz Wealth Management now owns 68,055 shares of the bank’s stock valued at $1,134,000 after purchasing an additional 32,286 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Eagle Bancorp Montana by 56.0% during the second quarter. Farther Finance Advisors LLC now owns 6,241 shares of the bank’s stock worth $104,000 after buying an additional 2,241 shares during the period. Finally, Allied Investment Advisors LLC acquired a new stake in shares of Eagle Bancorp Montana during the second quarter worth $530,000. Institutional investors own 35.66% of the company’s stock.

Eagle Bancorp Montana Company 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.