Peter Joseph Johnson Sells 1,451 Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Peter Joseph Johnson sold 1,451 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $13.12, for a total transaction of $19,037.12. Following the sale, the director now owns 77,688 shares in the company, valued at approximately $1,019,266.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Peter Joseph Johnson also recently made the following trade(s):

• On Friday, May 24th, Peter Joseph Johnson sold 2,954 shares of Eagle Bancorp Montana stock. The shares were sold at an average price of $13.21, for a total value of $39,022.34.

Eagle Bancorp Montana Stock Performance

NASDAQ:EBMT opened at $13.17 on Friday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a market capitalization of $105.62 million, a PE ratio of 11.76 and a beta of 0.52. Eagle Bancorp Montana, Inc. has a fifty-two week low of $11.26 and a fifty-two week high of $17.65. The company has a fifty day moving average of $12.82 and a two-hundred day moving average of $13.35.

Eagle Bancorp Montana (NASDAQ:EBMT) last released its quarterly earnings results on Tuesday, April 23rd. The bank reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.05). The company had revenue of $19.17 million for the quarter, compared to analyst estimates of $22.50 million. Eagle Bancorp Montana had a return on equity of 5.29% and a net margin of 7.39%. As a group, research analysts forecast that Eagle Bancorp Montana, Inc. will post 1.27 earnings per share for the current fiscal year.

Eagle Bancorp Montana Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Friday, May 17th will be given a $0.14 dividend. The ex-dividend date is Thursday, May 16th. This represents a $0.56 annualized dividend and a dividend yield of 4.25%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 50.00%.

Institutional Trading of Eagle Bancorp Montana

A number of institutional investors have recently made changes to their positions in the company. Empowered Funds LLC lifted its holdings in Eagle Bancorp Montana by 7.6% in the 1st quarter. Empowered Funds LLC now owns 19,936 shares of the bank’s stock valued at $256,000 after purchasing an additional 1,400 shares in the last quarter. John G Ullman & Associates Inc. raised its position in shares of Eagle Bancorp Montana by 23.5% in the fourth quarter. John G Ullman & Associates Inc. now owns 25,392 shares of the bank’s stock valued at $401,000 after buying an additional 4,836 shares during the last quarter. TNF LLC lifted its stake in shares of Eagle Bancorp Montana by 4.2% in the fourth quarter. TNF LLC now owns 37,868 shares of the bank’s stock worth $564,000 after buying an additional 1,539 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in Eagle Bancorp Montana during the third quarter worth about $565,000. Finally, Brandes Investment Partners LP grew its stake in Eagle Bancorp Montana by 23.5% during the 3rd quarter. Brandes Investment Partners LP now owns 98,493 shares of the bank’s stock valued at $1,164,000 after acquiring an additional 18,741 shares in the last quarter. 35.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Hovde Group started coverage on Eagle Bancorp Montana in a research report on Monday, April 22nd. They set a “market perform” rating and a $14.00 price target on the stock.

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.