Eagle Bancorp Montana (NASDAQ:EBMT) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $19.31 and traded as high as $22.01. Eagle Bancorp Montana shares last traded at $21.81, with a volume of 43,077 shares.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Eagle Bancorp Montana in a report on Monday, December 29th. DA Davidson increased their target price on shares of Eagle Bancorp Montana from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Wednesday, January 28th. Finally, Zacks Research cut shares of Eagle Bancorp Montana from a “strong-buy” rating to a “hold” rating in a report on Monday, March 30th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $23.00.

Eagle Bancorp Montana Price Performance

The stock has a market cap of $173.83 million, a P/E ratio of 11.60 and a beta of 0.30. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.87 and a quick ratio of 0.86. The business’s fifty day moving average price is $21.68 and its 200 day moving average price is $19.31.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its earnings results on Tuesday, January 27th. The bank reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.13. The firm had revenue of $24.29 million during the quarter, compared to analysts’ expectations of $18.89 million. Eagle Bancorp Montana had a net margin of 11.67% and a return on equity of 8.06%. Sell-side analysts forecast that Eagle Bancorp Montana, Inc. will post 1.61 EPS for the current fiscal year.

Eagle Bancorp Montana Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Friday, February 13th were issued a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Friday, February 13th. Eagle Bancorp Montana’s dividend payout ratio (DPR) is 30.85%.

Insider Activity at Eagle Bancorp Montana

In related news, Director Kenneth M. Walsh sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $22.47, for a total value of $224,700.00. Following the completion of the transaction, the director owned 92,260 shares in the company, valued at $2,073,082.20. This trade represents a 9.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Samuel Waters sold 2,100 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $22.48, for a total transaction of $47,208.00. Following the completion of the transaction, the director owned 31,534 shares of the company’s stock, valued at approximately $708,884.32. This trade represents a 6.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 19,647 shares of company stock worth $446,110 in the last quarter. 5.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Hsbc Holdings PLC raised its holdings in Eagle Bancorp Montana by 23.5% in the 4th quarter. Hsbc Holdings PLC now owns 46,179 shares of the bank’s stock valued at $919,000 after buying an additional 8,781 shares during the last quarter. Empowered Funds LLC raised its holdings in Eagle Bancorp Montana by 10.2% in the 4th quarter. Empowered Funds LLC now owns 33,732 shares of the bank’s stock valued at $671,000 after buying an additional 3,121 shares during the last quarter. Bridgeway Capital Management LLC raised its holdings in Eagle Bancorp Montana by 4.6% in the 4th quarter. Bridgeway Capital Management LLC now owns 70,353 shares of the bank’s stock valued at $1,400,000 after buying an additional 3,121 shares during the last quarter. AQR Capital Management LLC raised its holdings in Eagle Bancorp Montana by 42.0% in the 4th quarter. AQR Capital Management LLC now owns 32,796 shares of the bank’s stock valued at $653,000 after buying an additional 9,708 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in Eagle Bancorp Montana by 225.3% in the 4th quarter. Royal Bank of Canada now owns 5,595 shares of the bank’s stock valued at $111,000 after buying an additional 3,875 shares during the last quarter. Institutional investors own 35.66% of the company’s stock.

Eagle Bancorp Montana Company Profile

Eagle Bancorp Montana, Inc is a bank holding company headquartered in Helena, Montana, that operates through its wholly owned subsidiary, Eagle Bank & Trust. The company offers a range of community banking services to individuals, small businesses and governmental entities. Its core offerings include deposit accounts, commercial and consumer lending, mortgage financing and treasury management.

Through Eagle Bank & Trust, the company provides checking and savings accounts, certificates of deposit, online and mobile banking platforms, ATM access and cash management solutions designed to meet the needs of local customers.