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

Investment analysts at StockNews.com assumed coverage on shares of Eagle Bancorp Montana (NASDAQ:EBMTGet Rating) in a research note issued on Wednesday. The firm set a “hold” rating on the bank’s stock.

Shares of NASDAQ:EBMT opened at $19.73 on Wednesday. Eagle Bancorp Montana has a 52 week low of $18.69 and a 52 week high of $24.74. The company’s 50 day moving average is $20.00 and its two-hundred day moving average is $21.69. 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 cap of $132.09 million, a PE ratio of 11.61 and a beta of 0.68.

Eagle Bancorp Montana (NASDAQ:EBMTGet Rating) last announced its quarterly earnings data on Tuesday, April 26th. The bank reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.14). Eagle Bancorp Montana had a net margin of 12.04% and a return on equity of 7.52%. The firm had revenue of $19.99 million during the quarter, compared to analysts’ expectations of $26.00 million. As a group, equities research analysts expect that Eagle Bancorp Montana will post 2.51 EPS for the current year.

A number of hedge funds have recently added to or reduced their stakes in EBMT. BlackRock Inc. raised its holdings in Eagle Bancorp Montana by 12.7% during the third quarter. BlackRock Inc. now owns 61,185 shares of the bank’s stock worth $1,361,000 after purchasing an additional 6,883 shares in the last quarter. Geode Capital Management LLC raised its holdings in Eagle Bancorp Montana by 6.6% during the third quarter. Geode Capital Management LLC now owns 46,508 shares of the bank’s stock worth $1,040,000 after purchasing an additional 2,897 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Eagle Bancorp Montana by 6.4% during the third quarter. Dimensional Fund Advisors LP now owns 90,590 shares of the bank’s stock worth $2,026,000 after purchasing an additional 5,435 shares in the last quarter. TNF LLC acquired a new stake in Eagle Bancorp Montana during the third quarter worth approximately $702,000. Finally, John G Ullman & Associates Inc. raised its holdings in Eagle Bancorp Montana by 7.7% during the fourth quarter. John G Ullman & Associates Inc. now owns 59,364 shares of the bank’s stock worth $1,364,000 after purchasing an additional 4,229 shares in the last quarter. 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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