Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC increased its holdings in shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 17.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 77,133 shares of the bank’s stock after purchasing an additional 11,490 shares during the period. Geode Capital Management LLC’s holdings in Eagle Bancorp Montana were worth $1,218,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. State Street Corp lifted its stake in shares of Eagle Bancorp Montana by 5.9% during the third quarter. State Street Corp now owns 17,838 shares of the bank’s stock worth $282,000 after purchasing an additional 1,000 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Eagle Bancorp Montana by 5.0% during the 3rd quarter. Empowered Funds LLC now owns 22,448 shares of the bank’s stock valued at $354,000 after buying an additional 1,072 shares during the period. Barclays PLC raised its holdings in shares of Eagle Bancorp Montana by 25.8% during the 3rd quarter. Barclays PLC now owns 10,567 shares of the bank’s stock valued at $167,000 after buying an additional 2,165 shares during the period. Dimensional Fund Advisors LP lifted its position in Eagle Bancorp Montana by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank’s stock worth $1,236,000 after acquiring an additional 2,937 shares in the last quarter. Finally, Fourthstone LLC boosted its holdings in Eagle Bancorp Montana by 1.1% in the 3rd quarter. Fourthstone LLC now owns 520,663 shares of the bank’s stock worth $8,221,000 after acquiring an additional 5,898 shares during the period. 35.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Eagle Bancorp Montana

In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 6,705 shares of the stock in a transaction that occurred 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 transaction, the director now owns 141,033 shares of the company’s stock, valued at $2,318,582.52. This trade represents a 4.54 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Peter Joseph Johnson sold 5,000 shares of Eagle Bancorp Montana stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $16.97, for a total value of $84,850.00. Following the completion of the transaction, the director now owns 57,838 shares of the company’s stock, valued at approximately $981,510.86. The trade was a 7.96 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,795 shares of company stock valued at $213,610. 6.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

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

Eagle Bancorp Montana Stock Performance

Shares of EBMT stock opened at $14.85 on Friday. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.94 and a quick ratio of 0.93. The company’s fifty day moving average price is $16.35 and its two-hundred day moving average price is $15.33. The firm has a market capitalization of $119.05 million, a P/E ratio of 13.75 and a beta of 0.53. Eagle Bancorp Montana, Inc. has a 12 month low of $12.32 and a 12 month high of $17.62.

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

Eagle Bancorp Montana Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 15th were paid a dividend of $0.142 per share. This represents a $0.57 annualized dividend and a dividend yield of 3.82%. The ex-dividend date of this dividend was Friday, November 15th. Eagle Bancorp Montana’s dividend payout ratio (DPR) is currently 52.78%.

Eagle Bancorp Montana Profile

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.