Renaissance Technologies LLC raised its position in Eagle Bancorp Montana Inc (NASDAQ:EBMT) by 14.9% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 48,260 shares of the bank’s stock after purchasing an additional 6,260 shares during the period. Renaissance Technologies LLC’s holdings in Eagle Bancorp Montana were worth $931,000 at the end of the most recent quarter.
Shares of EBMT stock opened at $16.26 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.95 and a current ratio of 0.97. The firm has a market capitalization of $89.82 million, a price-to-earnings ratio of 15.67, a PEG ratio of 1.54 and a beta of 0.37. Eagle Bancorp Montana Inc has a fifty-two week low of $14.20 and a fifty-two week high of $21.95.
Eagle Bancorp Montana (NASDAQ:EBMT) last announced its quarterly earnings data on Tuesday, October 23rd. The bank reported $0.30 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.30. The company had revenue of $11.24 million for the quarter, compared to analyst estimates of $10.99 million. Eagle Bancorp Montana had a return on equity of 6.25% and a net margin of 8.85%. Sell-side analysts expect that Eagle Bancorp Montana Inc will post 1.07 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 7th. Shareholders of record on Friday, November 16th will be issued a $0.0925 dividend. The ex-dividend date of this dividend is Thursday, November 15th. This represents a $0.37 dividend on an annualized basis and a yield of 2.28%. Eagle Bancorp Montana’s payout ratio is currently 29.13%.
A number of research analysts have weighed in on the company. TheStreet upgraded Eagle Bancorp Montana from a “c+” rating to a “b” rating in a report on Wednesday. Zacks Investment Research lowered Eagle Bancorp Montana from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 23rd.
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 in Montana. The company offers one-to-four family residential mortgage loans; commercial real estate loans; real estate construction loans; home equity loans; commercial business loans consisting of business loans and lines of credit on a secured and unsecured basis; and consumer loans comprising loans that are secured by collateral other than real estate, such as automobiles, recreational vehicles, and boats.
Featured Article: Institutional Investors
Want to see what other hedge funds are holding EBMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eagle Bancorp Montana Inc (NASDAQ:EBMT).
Receive News & Ratings for Eagle Bancorp Montana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Bancorp Montana and related companies with MarketBeat.com's FREE daily email newsletter.