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

StockNews.com assumed coverage on shares of Eagle Bancorp Montana (NASDAQ:EBMTGet Rating) in a report issued on Sunday. The brokerage set a “hold” rating on the bank’s stock.

Separately, Zacks Investment Research downgraded Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a research report on Friday, April 29th.

Eagle Bancorp Montana stock opened at $19.70 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.81 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $131.89 million, a PE ratio of 11.59 and a beta of 0.68. Eagle Bancorp Montana has a 12 month low of $18.69 and a 12 month high of $25.47. The stock has a 50-day moving average price of $20.97 and a two-hundred day moving average price of $22.06.

Eagle Bancorp Montana (NASDAQ:EBMTGet Rating) last posted its earnings results on Tuesday, April 26th. The bank reported $0.35 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.14). The firm had revenue of $19.99 million during the quarter, compared to the consensus estimate of $26.00 million. Eagle Bancorp Montana had a net margin of 12.04% and a return on equity of 7.52%. As a group, analysts predict that Eagle Bancorp Montana will post 2.51 earnings per share for the current fiscal year.

Several large investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its stake in shares of Eagle Bancorp Montana by 7.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 14,926 shares of the bank’s stock valued at $333,000 after purchasing an additional 970 shares during the last quarter. BlackRock Inc. boosted its stake in shares of Eagle Bancorp Montana by 1.6% in the 4th quarter. BlackRock Inc. now owns 62,194 shares of the bank’s stock valued at $1,429,000 after purchasing an additional 1,009 shares during the last quarter. State Street Corp lifted its position in shares of Eagle Bancorp Montana by 8.3% during the 1st quarter. State Street Corp now owns 14,471 shares of the bank’s stock valued at $323,000 after acquiring an additional 1,107 shares during the period. Naples Global Advisors LLC lifted its position in shares of Eagle Bancorp Montana by 4.6% during the 1st quarter. Naples Global Advisors LLC now owns 29,650 shares of the bank’s stock valued at $662,000 after acquiring an additional 1,300 shares during the period. Finally, Morgan Stanley lifted its position in shares of Eagle Bancorp Montana by 6.9% during the 3rd quarter. Morgan Stanley now owns 21,475 shares of the bank’s stock valued at $479,000 after acquiring an additional 1,389 shares during the period. 46.86% of the stock is currently owned by institutional investors.

Eagle Bancorp Montana Company Profile (Get Rating)

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.

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