State Street Corp Has $282,000 Stock Holdings in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)

State Street Corp raised its position in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 5.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,838 shares of the bank’s stock after acquiring an additional 1,000 shares during the period. State Street Corp owned about 0.22% of Eagle Bancorp Montana worth $282,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EBMT. Fourthstone LLC raised its holdings in shares of 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 buying an additional 5,898 shares in the last quarter. Brandes Investment Partners LP increased its position in Eagle Bancorp Montana by 14.3% in the 2nd quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock valued at $2,254,000 after acquiring an additional 21,441 shares in the last quarter. Dimensional Fund Advisors LP raised its stake 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 worth $1,236,000 after acquiring an additional 2,937 shares during the last quarter. John G Ullman & Associates Inc. lifted its position 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 in the last quarter. Finally, Empowered Funds LLC raised its position in Eagle Bancorp Montana by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 22,448 shares of the bank’s stock worth $354,000 after purchasing an additional 1,072 shares during the last quarter. 35.66% of the stock is owned by institutional investors.

Eagle Bancorp Montana Stock Performance

Shares of NASDAQ:EBMT opened at $14.90 on Friday. The stock has a market capitalization of $119.45 million, a P/E ratio of 13.80 and a beta of 0.53. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.57. Eagle Bancorp Montana, Inc. has a 1-year low of $12.32 and a 1-year high of $17.62. The business has a 50-day moving average price of $16.50 and a two-hundred day moving average price of $15.28.

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

Eagle Bancorp Montana Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 15th were paid a dividend of $0.142 per share. The ex-dividend date was Friday, November 15th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.81%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 52.78%.

Insider Activity at Eagle Bancorp Montana

In related news, Director Peter Joseph Johnson sold 5,000 shares of Eagle Bancorp Montana stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $16.97, for a total transaction of $84,850.00. Following the transaction, the director now owns 57,838 shares of the company’s stock, valued at $981,510.86. This trade represents a 7.96 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kenneth M. Walsh sold 6,705 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $16.44, for a total transaction of $110,230.20. Following the completion of the sale, the director now directly owns 141,033 shares of the company’s stock, valued at $2,318,582.52. The trade was a 4.54 % 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 worth $213,610. 6.70% of the stock is owned by insiders.

Wall Street Analyst Weigh In

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

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.