14,800 Shares in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Bought by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. bought a new position in shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 14,800 shares of the bank’s stock, valued at approximately $227,000. Hillsdale Investment Management Inc. owned about 0.18% of Eagle Bancorp Montana as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Barclays PLC lifted its position in shares of Eagle Bancorp Montana by 25.8% in the 3rd quarter. Barclays PLC now owns 10,567 shares of the bank’s stock worth $167,000 after purchasing an additional 2,165 shares during the period. Brandes Investment Partners LP lifted its holdings in Eagle Bancorp Montana by 9.9% in the fourth quarter. Brandes Investment Partners LP now owns 220,349 shares of the bank’s stock valued at $3,378,000 after buying an additional 19,907 shares during the period. Empowered Funds LLC boosted its position in Eagle Bancorp Montana by 4.3% during the fourth quarter. Empowered Funds LLC now owns 23,408 shares of the bank’s stock valued at $359,000 after acquiring an additional 960 shares during the last quarter. State Street Corp grew 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 worth $282,000 after acquiring an additional 1,000 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Eagle Bancorp Montana by 17.5% in the 3rd quarter. Geode Capital Management LLC now owns 77,133 shares of the bank’s stock worth $1,218,000 after acquiring an additional 11,490 shares in the last quarter. 35.66% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Kenneth M. Walsh sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $15.11, for a total transaction of $151,100.00. Following the transaction, the director now directly owns 126,033 shares of the company’s stock, valued at $1,904,358.63. This represents a 7.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 6.70% of the company’s stock.

Eagle Bancorp Montana Stock Performance

NASDAQ:EBMT opened at $16.99 on Tuesday. 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 $18.37. The company has a fifty day moving average of $16.37 and a 200-day moving average of $16.22. The firm has a market capitalization of $135.53 million, a P/E ratio of 13.70 and a beta of 0.48.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings results on Tuesday, January 28th. The bank reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.15. Eagle Bancorp Montana had a net margin of 8.02% and a return on equity of 5.68%. As a group, sell-side analysts anticipate that Eagle Bancorp Montana, Inc. will post 1.61 EPS for the current year.

Eagle Bancorp Montana Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 14th were paid a dividend of $0.1425 per share. This is an increase from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. This represents a $0.57 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date of this dividend was Friday, February 14th. Eagle Bancorp Montana’s dividend payout ratio is 45.97%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Eagle Bancorp Montana from a “hold” rating to a “buy” rating in a research report on Wednesday, January 29th.

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.