Peter Joseph Johnson Sells 4,192 Shares of Eagle Bancorp Montana (NASDAQ:EBMT) Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Peter Joseph Johnson sold 4,192 shares of Eagle Bancorp Montana stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $23.06, for a total value of $96,667.52. Following the completion of the sale, the director directly owned 48,873 shares in the company, valued at approximately $1,127,011.38. This represents a 7.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Peter Joseph Johnson also recently made the following trade(s):

• On Wednesday, February 11th, Peter Joseph Johnson sold 3,355 shares of Eagle Bancorp Montana stock. The stock was sold at an average price of $23.11, for a total value of $77,534.05.

Eagle Bancorp Montana Price Performance

NASDAQ EBMT opened at $22.66 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.89 and a debt-to-equity ratio of 0.74. Eagle Bancorp Montana, Inc. has a 12-month low of $14.87 and a 12-month high of $23.75. The company has a market capitalization of $180.15 million, a PE ratio of 12.05 and a beta of 0.31. The firm’s 50 day moving average is $20.48 and its 200-day moving average is $18.09.

Eagle Bancorp Montana (NASDAQ:EBMT) last announced its earnings results on Tuesday, January 27th. The bank reported $0.60 EPS for the quarter, topping the consensus estimate of $0.47 by $0.13. The business had revenue of $24.29 million during the quarter, compared to analysts’ expectations of $18.89 million. Eagle Bancorp Montana had a net margin of 11.67% and a return on equity of 8.17%. Equities research analysts anticipate that Eagle Bancorp Montana, Inc. will post 1.61 earnings per share for the current fiscal year.

Eagle Bancorp Montana Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 13th will be issued a $0.145 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.58 annualized dividend and a dividend yield of 2.6%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 30.85%.

Analysts Set New Price Targets

EBMT has been the subject of several recent research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Eagle Bancorp Montana in a research report on Monday, December 29th. Zacks Research upgraded Eagle Bancorp Montana from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 2nd. Finally, DA Davidson increased their price objective on Eagle Bancorp Montana from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $23.00.

Institutional Trading of Eagle Bancorp Montana

Several institutional investors and hedge funds have recently bought and sold shares of the business. Brandes Investment Partners LP boosted its stake in shares of Eagle Bancorp Montana by 6.0% during the 4th quarter. Brandes Investment Partners LP now owns 413,888 shares of the bank’s stock worth $8,236,000 after acquiring an additional 23,519 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Eagle Bancorp Montana by 4.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 196,281 shares of the bank’s stock valued at $3,906,000 after purchasing an additional 8,432 shares during the last quarter. Geode Capital Management LLC boosted its position in Eagle Bancorp Montana by 108.0% during the second quarter. Geode Capital Management LLC now owns 173,405 shares of the bank’s stock worth $2,891,000 after purchasing an additional 90,024 shares during the period. Hillsdale Investment Management Inc. increased its holdings in shares of Eagle Bancorp Montana by 549.7% in the second quarter. Hillsdale Investment Management Inc. now owns 118,900 shares of the bank’s stock valued at $1,982,000 after purchasing an additional 100,600 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of Eagle Bancorp Montana by 6.3% in the second quarter. Bank of America Corp DE now owns 77,711 shares of the bank’s stock valued at $1,295,000 after purchasing an additional 4,637 shares during the period. Institutional investors own 35.66% of the company’s stock.

About Eagle Bancorp Montana

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.