Empowered Funds LLC Purchases 1,072 Shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)

Empowered Funds LLC lifted its holdings in shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 5.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 22,448 shares of the bank’s stock after purchasing an additional 1,072 shares during the period. Empowered Funds LLC owned about 0.28% of Eagle Bancorp Montana worth $354,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in EBMT. Vanguard Group Inc. raised its stake in Eagle Bancorp Montana by 0.3% in the first quarter. Vanguard Group Inc. now owns 361,193 shares of the bank’s stock worth $4,638,000 after buying an additional 1,075 shares in the last quarter. Brandes Investment Partners LP grew its holdings in Eagle Bancorp Montana by 14.3% in the second 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 during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Eagle Bancorp Montana by 3.3% during the second 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 last quarter. Hedge funds and other institutional investors own 35.66% of the company’s stock.

Insider Buying and Selling

In other news, Director Peter Joseph Johnson sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $16.97, for a total transaction of $84,850.00. Following the completion of the sale, the director now owns 57,838 shares in the company, valued at $981,510.86. This trade represents a 7.96 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kenneth M. Walsh sold 6,705 shares of the company’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 transaction, the director now owns 141,033 shares in the company, valued at $2,318,582.52. This represents a 4.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,795 shares of company stock worth $213,610. 6.70% of the stock is owned by corporate insiders.

Eagle Bancorp Montana Price Performance

Shares of EBMT stock opened at $17.40 on Tuesday. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.93 and a current ratio of 0.94. Eagle Bancorp Montana, Inc. has a fifty-two week low of $11.83 and a fifty-two week high of $17.65. The firm has a market capitalization of $139.50 million, a price-to-earnings ratio of 16.11 and a beta of 0.52. The stock’s 50-day simple moving average is $16.35 and its 200-day simple moving average is $14.65.

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

Eagle Bancorp Montana Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be paid a $0.142 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date is Friday, November 15th. Eagle Bancorp Montana’s dividend payout ratio is presently 52.78%.

Analyst Upgrades and Downgrades

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

Eagle Bancorp Montana 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.