Key Points
- Director Peter Joseph Johnson sold 3,355 shares on Feb 11 at $23.11 (and 4,192 shares on Feb 10 at $23.06), trimming his stake by 6.86% to 45,518 shares valued at about $1.05M.
- Earnings beat: Eagle Bancorp Montana reported Q4 EPS of $0.60 (vs. $0.47 expected) and revenue of $24.29M, and declared a quarterly dividend of $0.145 ($0.58 annualized) with an ex-dividend date of Feb 13 (yield ~2.5%).
- The stock trades near its 12‑month high (opened $22.86; high $23.75), has a market cap of ~$181.7M and a P/E of 12.16, and carries an average analyst rating of Buy with a $23 target.
Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Get Free Report) Director Peter Joseph Johnson sold 3,355 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $23.11, for a total transaction of $77,534.05. Following the completion of the transaction, the director owned 45,518 shares of the company's stock, valued at $1,051,920.98. This represents a 6.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Peter Joseph Johnson also recently made the following trade(s):
- On Tuesday, February 10th, Peter Joseph Johnson sold 4,192 shares of Eagle Bancorp Montana stock. The stock was sold at an average price of $23.06, for a total transaction of $96,667.52.
Eagle Bancorp Montana Trading Down 0.7%
Shares of NASDAQ:EBMT opened at $22.86 on Thursday. Eagle Bancorp Montana, Inc. has a twelve month low of $14.87 and a twelve month high of $23.75. The company has a current ratio of 0.89, a quick ratio of 0.88 and a debt-to-equity ratio of 0.74. The firm has a market cap of $181.74 million, a P/E ratio of 12.16 and a beta of 0.31. The company has a 50 day moving average of $20.37 and a 200-day moving average of $18.06.
Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) 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. Eagle Bancorp Montana had a return on equity of 8.17% and a net margin of 11.67%.The firm had revenue of $24.29 million for the quarter, compared to analysts' expectations of $18.89 million. As a group, 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 company also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Friday, February 13th will be issued a dividend of $0.145 per share. This represents a $0.58 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Friday, February 13th. Eagle Bancorp Montana's payout ratio is presently 30.85%.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. Empowered Funds LLC lifted its stake in Eagle Bancorp Montana by 10.2% in the 4th quarter. Empowered Funds LLC now owns 33,732 shares of the bank's stock worth $671,000 after acquiring an additional 3,121 shares in the last quarter. Deutsche Bank AG increased its holdings in shares of Eagle Bancorp Montana by 409.8% in the 4th quarter. Deutsche Bank AG now owns 10,354 shares of the bank's stock valued at $206,000 after purchasing an additional 8,323 shares during the period. Brandes Investment Partners LP lifted its position in shares of Eagle Bancorp Montana by 6.0% in the fourth quarter. Brandes Investment Partners LP now owns 413,888 shares of the bank's stock worth $8,236,000 after purchasing an additional 23,519 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Eagle Bancorp Montana by 28.4% during the fourth quarter. LPL Financial LLC now owns 14,195 shares of the bank's stock worth $282,000 after purchasing an additional 3,143 shares during the period. Finally, State of Wyoming grew its position in Eagle Bancorp Montana by 26.6% during the fourth quarter. State of Wyoming now owns 3,730 shares of the bank's stock valued at $74,000 after purchasing an additional 784 shares in the last quarter. 35.66% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
EBMT has been the subject of a number of research reports. DA Davidson raised their target price on shares of Eagle Bancorp Montana from $21.00 to $23.00 and gave the stock a "neutral" rating in a report on Wednesday, January 28th. Weiss Ratings reissued a "buy (b-)" rating on shares of Eagle Bancorp Montana in a research note on Monday, December 29th. Finally, Zacks Research raised Eagle Bancorp Montana from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Eagle Bancorp Montana has an average rating of "Buy" and an average target price of $23.00.
Get Our Latest Report on EBMT
About Eagle Bancorp Montana
(
Get Free Report)
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.
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