Eagle Bancorp Montana (NASDAQ:EBMT) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Eagle Bancorp Montana (NASDAQ:EBMT – Get Rating) in a research report issued on Wednesday. The firm set a “hold” rating on the bank’s stock.

Eagle Bancorp Montana Stock Up 1.3 %

Shares of Eagle Bancorp Montana stock opened at $13.19 on Wednesday. The firm has a market cap of $105.65 million, a price-to-earnings ratio of 8.62 and a beta of 0.51. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.86 and a quick ratio of 0.85. Eagle Bancorp Montana has a 52-week low of $11.51 and a 52-week high of $20.01. The stock has a 50-day simple moving average of $13.62 and a 200-day simple moving average of $15.97.

Eagle Bancorp Montana (NASDAQ:EBMT – Get Rating) last posted its earnings results on Tuesday, April 25th. The bank reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.01). Eagle Bancorp Montana had a return on equity of 8.30% and a net margin of 11.25%. The company had revenue of $25.38 million during the quarter. On average, equities research analysts expect that Eagle Bancorp Montana will post 1.81 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Rick Hays bought 5,000 shares of Eagle Bancorp Montana stock in a transaction that occurred on Friday, April 28th. The stock was purchased at an average cost of $14.31 per share, for a total transaction of $71,550.00. Following the acquisition, the director now owns 36,803 shares in the company, valued at $526,650.93. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last ninety days, insiders purchased 8,552 shares of company stock worth $116,849. 6.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. The Manufacturers Life Insurance Company lifted its holdings in shares of Eagle Bancorp Montana by 0.8% during the first quarter. The Manufacturers Life Insurance Company now owns 381,935 shares of the bank’s stock worth $8,529,000 after buying an additional 3,155 shares during the last quarter. Petiole USA ltd lifted its holdings in shares of Eagle Bancorp Montana by 2.2% during the fourth quarter. Petiole USA ltd now owns 231,480 shares of the bank’s stock worth $3,741,000 after buying an additional 5,000 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Eagle Bancorp Montana by 1.6% during the first quarter. BlackRock Inc. now owns 141,274 shares of the bank’s stock worth $1,993,000 after buying an additional 2,191 shares during the last quarter. Fourthstone LLC lifted its holdings in shares of Eagle Bancorp Montana by 501.3% during the first quarter. Fourthstone LLC now owns 137,817 shares of the bank’s stock worth $3,077,000 after buying an additional 114,898 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Eagle Bancorp Montana by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 92,765 shares of the bank’s stock worth $2,071,000 after buying an additional 2,550 shares during the last quarter. 32.59% of the stock is currently owned by institutional investors and hedge funds.

About Eagle Bancorp Montana

(Get Rating)

Eagle Bancorp Montana, Inc is a bank holding company, which engages in the provision of loan and deposit services. It focuses on residential mortgage loans, commercial real estate mortgage loans, commercial business loans, agricultural loans, and second mortgage and home equity loan products. The company was founded on August 1, 1922 and is headquartered in Helena, MT.