Eagle Bancorp Montana Inc (NASDAQ:EBMT) Director Larry A. Dreyer sold 2,000 shares of the stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $19.75, for a total transaction of $39,500.00. Following the transaction, the director now directly owns 29,135 shares in the company, valued at approximately $575,416.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Eagle Bancorp Montana Inc (NASDAQ:EBMT) traded up $0.30 during midday trading on Wednesday, reaching $20.60. 241 shares of the company’s stock were exchanged, compared to its average volume of 3,723. The company has a quick ratio of 0.97, a current ratio of 0.99 and a debt-to-equity ratio of 1.72. Eagle Bancorp Montana Inc has a 1 year low of $17.35 and a 1 year high of $21.95. The company has a market capitalization of $101.28, a PE ratio of 19.71, a P/E/G ratio of 1.37 and a beta of 0.34.
Eagle Bancorp Montana (NASDAQ:EBMT) last issued its earnings results on Monday, January 29th. The bank reported $0.34 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.02. Eagle Bancorp Montana had a net margin of 9.73% and a return on equity of 8.73%. The firm had revenue of $9.81 million for the quarter, compared to analysts’ expectations of $9.85 million. research analysts anticipate that Eagle Bancorp Montana Inc will post 1.47 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 2nd. Shareholders of record on Friday, February 9th were issued a $0.09 dividend. The ex-dividend date of this dividend was Thursday, February 8th. This represents a $0.36 dividend on an annualized basis and a yield of 1.75%. Eagle Bancorp Montana’s dividend payout ratio is currently 34.95%.
A number of hedge funds and other institutional investors have recently modified their holdings of EBMT. Maltese Capital Management LLC bought a new position in Eagle Bancorp Montana in the fourth quarter worth about $3,666,000. Kennedy Capital Management Inc. lifted its holdings in Eagle Bancorp Montana by 307.5% in the fourth quarter. Kennedy Capital Management Inc. now owns 156,973 shares of the bank’s stock worth $3,289,000 after acquiring an additional 118,456 shares during the last quarter. Thomson Horstmann & Bryant Inc. bought a new position in Eagle Bancorp Montana in the fourth quarter worth about $2,034,000. Penn Capital Management Co. Inc. lifted its holdings in Eagle Bancorp Montana by 135.1% in the fourth quarter. Penn Capital Management Co. Inc. now owns 69,686 shares of the bank’s stock worth $1,460,000 after acquiring an additional 40,043 shares during the last quarter. Finally, Deprince Race & Zollo Inc. lifted its holdings in Eagle Bancorp Montana by 20.2% in the fourth quarter. Deprince Race & Zollo Inc. now owns 232,781 shares of the bank’s stock worth $4,877,000 after acquiring an additional 39,142 shares during the last quarter. 47.31% of the stock is currently owned by hedge funds and other institutional investors.
Separately, Zacks Investment Research cut shares of Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a research report on Wednesday, January 31st.
ILLEGAL ACTIVITY WARNING: This news story was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright law. The legal version of this news story can be read at https://ledgergazette.com/2018/03/14/larry-a-dreyer-sells-2000-shares-of-eagle-bancorp-montana-inc-ebmt-stock.html.
Eagle Bancorp Montana Company Profile
Eagle Bancorp Montana, Inc is the bank holding company for Opportunity Bank of Montana (the Bank). The Bank is a Montana-chartered commercial bank. The Bank has equity investments in Certified Development Entities, which have received allocations of New Markets Tax Credits (NMTC). The Company offers wealth management services at its locations through financial advisors employed by the Bank.
Receive News & Ratings for Eagle Bancorp Montana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Bancorp Montana and related companies with MarketBeat.com's FREE daily email newsletter.