Peter Joseph Johnson Sells 7,374 Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Peter Joseph Johnson sold 7,374 shares of the stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $14.28, for a total transaction of $105,300.72. Following the transaction, the director now owns 61,139 shares of the company’s stock, valued at approximately $873,064.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Wednesday, August 21st, Peter Joseph Johnson sold 1,525 shares of Eagle Bancorp Montana stock. The stock was sold at an average price of $14.00, for a total transaction of $21,350.00.
• 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.

Eagle Bancorp Montana Price Performance

EBMT stock opened at $14.80 on Friday. The stock has a market cap of $118.65 million, a PE ratio of 13.21 and a beta of 0.54. Eagle Bancorp Montana, Inc. has a 12 month low of $11.26 and a 12 month high of $17.65. The company has a 50-day moving average price of $13.63 and a 200 day moving average price of $13.18. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 1.40.

Eagle Bancorp Montana (NASDAQ:EBMT) last announced its earnings results on Tuesday, July 23rd. The bank reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $20.50 million. Equities research analysts anticipate that Eagle Bancorp Montana, Inc. will post 1.06 earnings per share for the current year.

Eagle Bancorp Montana Increases Dividend

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

Analyst Ratings Changes

EBMT has been the subject of several analyst reports. Hovde Group assumed coverage on Eagle Bancorp Montana in a research note on Friday, July 5th. They issued a “market perform” rating and a $13.50 price objective for the company. StockNews.com started coverage on Eagle Bancorp Montana in a research report on Thursday. They issued a “hold” rating for the company.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in EBMT. Empowered Funds LLC boosted its position in Eagle Bancorp Montana by 7.6% in the 1st quarter. Empowered Funds LLC now owns 19,936 shares of the bank’s stock valued at $256,000 after buying an additional 1,400 shares during the period. John G Ullman & Associates Inc. raised its stake in shares of Eagle Bancorp Montana by 105.1% during the first 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 in the last quarter. Dimensional Fund Advisors LP boosted its holdings 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 period. Brandes Investment Partners LP grew its stake in Eagle Bancorp Montana by 14.3% in the second quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock worth $2,254,000 after purchasing an additional 21,441 shares in the last quarter. Finally, Vanguard Group Inc. increased 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 period. 35.66% of the stock is currently owned by institutional investors.

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.