StockNews.com Initiates Coverage on Eagle Bancorp Montana (NASDAQ:EBMT)

StockNews.com initiated coverage on shares of Eagle Bancorp Montana (NASDAQ:EBMTGet Rating) in a research note published on Monday. The firm issued a hold rating on the bank’s stock.

Several other analysts also recently weighed in on the stock. Janney Montgomery Scott downgraded shares of Eagle Bancorp Montana from a buy rating to a neutral rating in a report on Thursday, October 27th. DA Davidson lowered their target price on shares of Eagle Bancorp Montana to $21.00 and set an outperform rating on the stock in a report on Wednesday, July 27th.

Eagle Bancorp Montana Trading Up 2.1 %

NASDAQ EBMT opened at $18.84 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.79 and a current ratio of 0.80. The firm has a market cap of $150.34 million, a PE ratio of 15.44 and a beta of 0.52. Eagle Bancorp Montana has a one year low of $18.00 and a one year high of $24.74. The firm’s fifty day moving average is $18.89 and its two-hundred day moving average is $19.28.

Eagle Bancorp Montana Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 2nd. Investors of record on Thursday, November 10th will be issued a dividend of $0.138 per share. This represents a $0.55 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date of this dividend is Wednesday, November 9th. Eagle Bancorp Montana’s dividend payout ratio is currently 45.08%.

Institutional Trading of Eagle Bancorp Montana

A number of institutional investors have recently added to or reduced their stakes in EBMT. UBS Group AG boosted its holdings in Eagle Bancorp Montana by 269.5% during the third quarter. UBS Group AG now owns 1,371 shares of the bank’s stock worth $26,000 after buying an additional 1,000 shares in the last quarter. Brandes Investment Partners LP boosted its holdings in Eagle Bancorp Montana by 35.6% during the first quarter. Brandes Investment Partners LP now owns 12,231 shares of the bank’s stock worth $273,000 after buying an additional 3,210 shares in the last quarter. Stockman Wealth Management Inc. boosted its holdings in Eagle Bancorp Montana by 24.1% during the second quarter. Stockman Wealth Management Inc. now owns 15,514 shares of the bank’s stock worth $309,000 after buying an additional 3,011 shares in the last quarter. State Street Corp boosted its holdings in Eagle Bancorp Montana by 8.3% during the first quarter. State Street Corp now owns 14,471 shares of the bank’s stock worth $323,000 after buying an additional 1,107 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Eagle Bancorp Montana by 7.0% during the first quarter. Goldman Sachs Group Inc. now owns 14,926 shares of the bank’s stock worth $333,000 after buying an additional 970 shares in the last quarter. Hedge funds and other institutional investors own 32.52% of the company’s stock.

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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