Barclays PLC Purchases 2,165 Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)

Barclays PLC grew its position in shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 25.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,567 shares of the bank’s stock after buying an additional 2,165 shares during the period. Barclays PLC owned approximately 0.13% of Eagle Bancorp Montana worth $167,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of EBMT. State Street Corp raised its position in shares of Eagle Bancorp Montana by 5.9% in the third quarter. State Street Corp now owns 17,838 shares of the bank’s stock valued at $282,000 after buying an additional 1,000 shares in the last quarter. Empowered Funds LLC grew its position in Eagle Bancorp Montana by 5.0% in the third quarter. Empowered Funds LLC now owns 22,448 shares of the bank’s stock valued at $354,000 after acquiring an additional 1,072 shares during the last quarter. John G Ullman & Associates Inc. boosted its stake in shares of Eagle Bancorp Montana by 13.4% in the 3rd quarter. John G Ullman & Associates Inc. now owns 62,574 shares of the bank’s stock valued at $988,000 after purchasing an additional 7,382 shares in the last quarter. Dimensional Fund Advisors LP boosted its position 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 buying an additional 2,937 shares in the last quarter. Finally, Brandes Investment Partners LP grew its position in Eagle Bancorp Montana by 14.3% during the 2nd quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock worth $2,254,000 after acquiring an additional 21,441 shares during the last quarter. Institutional investors and hedge funds own 35.66% of the company’s stock.

Eagle Bancorp Montana Stock Performance

NASDAQ:EBMT opened at $14.86 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 1.57. Eagle Bancorp Montana, Inc. has a twelve month low of $12.32 and a twelve month high of $17.62. The company has a fifty day moving average of $16.43 and a 200-day moving average of $15.34. The firm has a market capitalization of $119.13 million, a P/E ratio of 13.76 and a beta of 0.53.

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, beating the consensus estimate of $0.30 by $0.04. The firm had revenue of $31.74 million during the quarter, compared to the consensus estimate of $20.60 million. Eagle Bancorp Montana had a net margin of 7.03% and a return on equity of 4.96%. As a group, sell-side analysts anticipate that Eagle Bancorp Montana, Inc. will post 1.1 EPS for the current year.

Eagle Bancorp Montana Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 15th were paid a $0.142 dividend. This represents a $0.57 dividend on an annualized basis 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 52.78%.

Analysts Set New Price Targets

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

Insider Buying and Selling at Eagle Bancorp Montana

In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 6,705 shares of the company’s 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 directly owns 141,033 shares of the company’s stock, valued at approximately $2,318,582.52. This represents a 4.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through 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 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 position. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,795 shares of company stock worth $213,610. Insiders own 6.70% of the company’s stock.

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.