Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Shares Sold by Atria Investments Inc

Atria Investments Inc decreased its position in shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 12.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,091 shares of the bank’s stock after selling 1,440 shares during the period. Atria Investments Inc’s holdings in Eagle Bancorp Montana were worth $159,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its position in Eagle Bancorp Montana by 3.3% during the second quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank’s stock worth $1,236,000 after buying an additional 2,937 shares during the period. Brandes Investment Partners LP increased its holdings in shares of Eagle Bancorp Montana by 14.3% in the second quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock valued at $2,254,000 after purchasing an additional 21,441 shares during the period. Finally, Vanguard Group Inc. increased its holdings in shares of Eagle Bancorp Montana by 0.3% in the first quarter. Vanguard Group Inc. now owns 361,193 shares of the bank’s stock valued at $4,638,000 after purchasing an additional 1,075 shares during the period. Institutional investors and hedge funds own 35.66% of the company’s stock.

Eagle Bancorp Montana Trading Up 3.0 %

NASDAQ:EBMT opened at $17.06 on Monday. The firm has a market cap of $136.82 million, a P/E ratio of 15.80 and a beta of 0.52. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.57. The stock’s 50 day simple moving average is $16.31 and its 200-day simple moving average is $14.62. Eagle Bancorp Montana, Inc. has a 12-month low of $11.83 and a 12-month high of $17.65.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings results on Tuesday, October 29th. The bank reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.04. Eagle Bancorp Montana had a return on equity of 4.96% and a net margin of 7.03%. The firm had revenue of $31.74 million for the quarter, compared to the consensus estimate of $20.60 million. Equities analysts anticipate that Eagle Bancorp Montana, Inc. will post 1.1 EPS for the current year.

Eagle Bancorp Montana Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be paid a $0.142 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.33%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 52.78%.

Analysts Set New Price Targets

Separately, StockNews.com lowered Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th.

Insider Activity at Eagle Bancorp Montana

In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 6,705 shares of the business’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $16.44, for a total transaction of $110,230.20. Following the sale, the director now directly owns 141,033 shares in the company, valued at approximately $2,318,582.52. The trade was a 4.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 6.70% of the company’s stock.

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.