Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Shares Sold by Atria Investments Inc

Atria Investments Inc cut its stake in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 12.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,091 shares of the bank’s stock after selling 1,440 shares during the quarter. Atria Investments Inc owned approximately 0.13% of Eagle Bancorp Montana worth $159,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Brandes Investment Partners LP increased its position in shares of Eagle Bancorp Montana by 14.3% in the second quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock valued at $2,254,000 after buying an additional 21,441 shares in the last quarter. Dimensional Fund Advisors LP increased its position 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 buying an additional 2,937 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Eagle Bancorp Montana by 0.3% in the first quarter. Vanguard Group Inc. now owns 361,193 shares of the bank’s stock valued at $4,638,000 after buying an additional 1,075 shares in the last quarter. 35.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Eagle Bancorp Montana Stock Up 3.0 %

Shares of EBMT opened at $17.06 on Monday. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.93 and a current ratio of 0.94. Eagle Bancorp Montana, Inc. has a one year low of $11.83 and a one year high of $17.65. The stock has a market capitalization of $136.82 million, a price-to-earnings ratio of 15.80 and a beta of 0.52. The stock has a 50 day moving average price of $16.31 and a 200 day moving average price of $14.62.

Eagle Bancorp Montana (NASDAQ:EBMT) last issued 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. Eagle Bancorp Montana had a return on equity of 4.96% and a net margin of 7.03%. The firm had revenue of $31.74 million during the quarter, compared to analysts’ expectations of $20.60 million. Equities research analysts forecast that Eagle Bancorp Montana, Inc. will post 1.1 earnings per share for the current fiscal year.

Eagle Bancorp Montana Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be given a dividend of $0.142 per share. This represents a $0.57 annualized dividend and a dividend yield of 3.33%. The ex-dividend date is Friday, November 15th. Eagle Bancorp Montana’s payout ratio is 52.78%.

Insider Buying and Selling

In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 6,705 shares of the business’s stock in a transaction 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 approximately $2,318,582.52. The trade was a 4.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 6.70% of the stock is owned by company insiders.

Eagle Bancorp Montana Company 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.