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

Barclays PLC grew its holdings in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 25.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 10,567 shares of the bank’s stock after buying an additional 2,165 shares during the quarter. Barclays PLC’s holdings in Eagle Bancorp Montana were worth $167,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. State Street Corp raised its holdings in Eagle Bancorp Montana by 5.9% during the 3rd quarter. State Street Corp now owns 17,838 shares of the bank’s stock valued at $282,000 after acquiring an additional 1,000 shares during the period. Empowered Funds LLC grew its position in shares of 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 purchasing an additional 1,072 shares in the last quarter. John G Ullman & Associates Inc. grew its position in shares of Eagle Bancorp Montana by 13.4% in the third 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 raised its stake in shares of Eagle Bancorp Montana by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank’s stock valued at $1,236,000 after purchasing an additional 2,937 shares during the period. Finally, Brandes Investment Partners LP lifted its holdings 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 purchasing an additional 21,441 shares in the last quarter. 35.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Eagle Bancorp Montana

In other news, Director Kenneth M. Walsh sold 6,705 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at approximately $2,318,582.52. The trade was a 4.54 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Peter Joseph Johnson sold 5,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $16.97, for a total transaction of $84,850.00. Following the sale, the director now owns 57,838 shares of the company’s stock, valued at approximately $981,510.86. The trade was a 7.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,795 shares of company stock valued at $213,610 over the last 90 days. 6.70% of the stock is owned by insiders.

Eagle Bancorp Montana Stock Performance

NASDAQ:EBMT opened at $14.86 on Wednesday. The stock has a market cap of $119.13 million, a P/E ratio of 13.76 and a beta of 0.53. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 1.57. The business’s 50-day moving average price is $16.43 and its two-hundred day moving average price is $15.34. Eagle Bancorp Montana, Inc. has a twelve month low of $12.32 and a twelve month high of $17.62.

Eagle Bancorp Montana (NASDAQ:EBMT) last announced its earnings results on Tuesday, October 29th. The bank reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.04. Eagle Bancorp Montana had a net margin of 7.03% and a return on equity of 4.96%. The business had revenue of $31.74 million during the quarter, compared to analyst estimates of $20.60 million. As a group, equities analysts predict that Eagle Bancorp Montana, Inc. will post 1.1 EPS for the current fiscal year.

Eagle Bancorp Montana Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 15th were given a $0.142 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.57 annualized dividend and a yield of 3.82%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 52.78%.

Wall Street Analysts Forecast Growth

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

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.