Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Sells $21,350.00 in Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Peter Joseph Johnson sold 1,525 shares of Eagle Bancorp Montana stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $14.00, for a total transaction of $21,350.00. Following the completion of the transaction, the director now directly owns 69,074 shares in the company, valued at approximately $967,036. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Friday, August 23rd, Peter Joseph Johnson sold 7,374 shares of Eagle Bancorp Montana stock. The stock was sold at an average price of $14.28, for a total transaction of $105,300.72.
• On Monday, August 19th, Peter Joseph Johnson sold 180 shares of Eagle Bancorp Montana stock. The stock was sold at an average price of $14.00, for a total value of $2,520.00.
• On Friday, May 24th, Peter Joseph Johnson sold 2,954 shares of Eagle Bancorp Montana stock. The shares were sold at an average price of $13.21, for a total value of $39,022.34.

Eagle Bancorp Montana Price Performance

NASDAQ:EBMT opened at $14.80 on Friday. Eagle Bancorp Montana, Inc. has a 12-month low of $11.26 and a 12-month high of $17.65. The firm has a market capitalization of $118.65 million, a price-to-earnings ratio of 13.21 and a beta of 0.54. The stock’s 50 day moving average price is $13.60 and its two-hundred day moving average price is $13.17. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.40.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings results on Tuesday, July 23rd. The bank reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.06). Eagle Bancorp Montana had a net margin of 7.06% and a return on equity of 5.11%. The business had revenue of $30.09 million during the quarter, compared to the consensus estimate of $20.50 million. On average, analysts anticipate that Eagle Bancorp Montana, Inc. will post 1.06 earnings per share for the current year.

Eagle Bancorp Montana Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Friday, August 16th will be paid a dividend of $0.142 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date of this dividend is Friday, August 16th. This is a boost from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. Eagle Bancorp Montana’s dividend payout ratio (DPR) is currently 50.89%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on EBMT shares. StockNews.com began coverage on shares of Eagle Bancorp Montana in a report on Thursday. They set a “hold” rating on the stock. Hovde Group started coverage on shares of Eagle Bancorp Montana in a research note on Friday, July 5th. They set a “market perform” rating and a $13.50 price objective on the stock.

Institutional Trading of Eagle Bancorp Montana

Several hedge funds and other institutional investors have recently modified their holdings of EBMT. John G Ullman & Associates Inc. raised its holdings in Eagle Bancorp Montana by 105.1% in the 1st quarter. John G Ullman & Associates Inc. now owns 52,082 shares of the bank’s stock valued at $669,000 after acquiring an additional 26,690 shares during the period. Brandes Investment Partners LP boosted its holdings in shares of Eagle Bancorp Montana by 14.3% during the second quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock worth $2,254,000 after acquiring an additional 21,441 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Eagle Bancorp Montana by 3.3% in the second quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank’s stock valued at $1,236,000 after purchasing an additional 2,937 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Eagle Bancorp Montana by 7.6% during the first quarter. Empowered Funds LLC now owns 19,936 shares of the bank’s stock worth $256,000 after purchasing an additional 1,400 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in Eagle Bancorp Montana by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 361,193 shares of the bank’s stock worth $4,638,000 after purchasing an additional 1,075 shares during the last quarter. Institutional investors own 35.66% 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.