Janney Montgomery Scott LLC Purchases 1,699 Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)

Janney Montgomery Scott LLC raised its holdings in shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 3.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 45,699 shares of the bank’s stock after acquiring an additional 1,699 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Eagle Bancorp Montana were worth $701,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Fourthstone LLC lifted its holdings in Eagle Bancorp Montana by 1.1% in the third quarter. Fourthstone LLC now owns 520,663 shares of the bank’s stock valued at $8,221,000 after buying an additional 5,898 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Eagle Bancorp Montana by 3.3% in the 2nd 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 period. Geode Capital Management LLC boosted its position in shares of Eagle Bancorp Montana by 17.5% in the 3rd quarter. Geode Capital Management LLC now owns 77,133 shares of the bank’s stock worth $1,218,000 after purchasing an additional 11,490 shares during the last quarter. John G Ullman & Associates Inc. grew its stake in shares of Eagle Bancorp Montana by 13.4% during the third quarter. John G Ullman & Associates Inc. now owns 62,574 shares of the bank’s stock worth $988,000 after purchasing an additional 7,382 shares during the period. Finally, Empowered Funds LLC increased its holdings in Eagle Bancorp Montana by 5.0% in the third quarter. Empowered Funds LLC now owns 22,448 shares of the bank’s stock valued at $354,000 after purchasing an additional 1,072 shares during the last quarter. 35.66% of the stock is currently owned by institutional investors and hedge funds.

Eagle Bancorp Montana Stock Down 1.8 %

Shares of NASDAQ:EBMT opened at $15.13 on Friday. The company has a 50 day moving average price of $15.60 and a two-hundred day moving average price of $15.58. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.93 and a current ratio of 0.94. The company has a market capitalization of $121.34 million, a PE ratio of 12.20 and a beta of 0.53. Eagle Bancorp Montana, Inc. has a 52 week low of $12.32 and a 52 week high of $17.62.

Eagle Bancorp Montana (NASDAQ:EBMT) last issued its quarterly earnings data on Tuesday, January 28th. The bank reported $0.44 EPS for the quarter, topping the consensus estimate of $0.29 by $0.15. Eagle Bancorp Montana had a return on equity of 5.68% and a net margin of 8.02%. Analysts forecast that Eagle Bancorp Montana, Inc. will post 1.65 earnings per share for the current year.

Eagle Bancorp Montana Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 3.77%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. Eagle Bancorp Montana’s payout ratio is 45.97%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Eagle Bancorp Montana from a “hold” rating to a “buy” rating in a research report on Wednesday, January 29th.

Insider Activity at Eagle Bancorp Montana

In other news, Director Kenneth M. Walsh sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $15.11, for a total value of $151,100.00. Following the completion of the transaction, the director now owns 126,033 shares in the company, valued at $1,904,358.63. This represents a 7.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Peter Joseph Johnson sold 5,000 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $16.97, for a total transaction of $84,850.00. Following the sale, the director now directly owns 57,838 shares of the company’s stock, valued at $981,510.86. This represents a 7.96 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 16,090 shares of company stock worth $254,480. 6.70% of the stock is owned by company insiders.

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.