Peter Joseph Johnson Sells 2,954 Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Stock

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Director Peter Joseph Johnson sold 2,954 shares of the stock in a transaction on Friday, May 24th. The stock was sold at an average price of $13.21, for a total value of $39,022.34. Following the completion of the transaction, the director now owns 71,139 shares in the company, valued at $939,746.19. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

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

• On Wednesday, May 22nd, Peter Joseph Johnson sold 1,451 shares of Eagle Bancorp Montana stock. The stock was sold at an average price of $13.12, for a total value of $19,037.12.

Eagle Bancorp Montana Price Performance

Shares of EBMT opened at $13.17 on Friday. Eagle Bancorp Montana, Inc. has a 12-month low of $11.26 and a 12-month high of $17.65. The business’s fifty day moving average is $12.82 and its 200 day moving average is $13.35. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.40. The stock has a market cap of $105.62 million, a P/E ratio of 11.76 and a beta of 0.52.

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

Eagle Bancorp Montana Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date of this dividend is Thursday, May 16th. Eagle Bancorp Montana’s payout ratio is currently 50.00%.

Institutional Investors Weigh In On Eagle Bancorp Montana

Institutional investors and hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC raised its position 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 buying an additional 1,400 shares during the last quarter. John G Ullman & Associates Inc. raised its position in Eagle Bancorp Montana by 23.5% in the 4th 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 increased its position in shares of Eagle Bancorp Montana by 4.2% during the 4th quarter. TNF LLC now owns 37,868 shares of the bank’s stock valued at $564,000 after purchasing an additional 1,539 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Eagle Bancorp Montana during the 3rd quarter valued at $565,000. Finally, Brandes Investment Partners LP increased its position in shares of 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 purchasing an additional 18,741 shares during the last quarter. 35.66% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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