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

Geode Capital Management LLC boosted its stake in shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 17.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 77,133 shares of the bank’s stock after buying an additional 11,490 shares during the quarter. Geode Capital Management LLC owned 0.96% of Eagle Bancorp Montana worth $1,218,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Buying and Selling at Eagle Bancorp Montana

In related news, Director Peter Joseph Johnson sold 5,000 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $16.97, for a total transaction of $84,850.00. Following the transaction, the director now directly owns 57,838 shares in the company, valued at approximately $981,510.86. This represents a 7.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Kenneth M. Walsh sold 6,705 shares of Eagle Bancorp Montana stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $16.44, for a total value of $110,230.20. Following the completion of the sale, 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 disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,795 shares of company stock worth $213,610. Corporate insiders own 6.70% of the company’s stock.

Eagle Bancorp Montana Trading Down 0.1 %

Shares of EBMT 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. Eagle Bancorp Montana, Inc. has a 1-year low of $12.32 and a 1-year high of $17.62. The stock has a market cap of $119.05 million, a price-to-earnings ratio of 13.75 and a beta of 0.53. The firm has a 50 day simple moving average of $16.35 and a 200-day simple moving average of $15.33.

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

Eagle Bancorp Montana Dividend Announcement

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

Wall Street Analyst Weigh In

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

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.