StockNews.com took over stock coverage from Eagle Bancorp Montana (NASDAQ:EBMT – Get Valuation) in a report published on Monday. The company has given the bank’s stock a “hold” rating.
Other research analysts have also recently issued research reports on the company. Janney Montgomery Scott downgraded Eagle Bancorp Montana from a “buy” rating to a “neutral” rating in a research report on Thursday, October 27. DA Davidson lowered its target price on Eagle Bancorp Montana to $21.00 and gave the stock a “Outperform” rating in a research note on Wednesday, July 27.
Eagle Bancorp Montana trading up 1.9%
Shares of EBMT stock opened at $18.90 on Monday. Eagle Bancorp Montana has a 52-week low of $18.00 and a 52-week high of $24.74. The stock has a market cap of $150.82 million, a P/E of 15.49 and a beta of 0.52. The company has a 50-day simple moving average of $18.93 and a 200-day simple moving average of $19.30. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt to equity ratio of 0.49.
Institutional Trading by Eagle Bancorp Montana
A number of hedge funds have recently added to or reduced their holdings in EBMT. Stockman Wealth Management Inc. increased its holdings of shares in Eagle Bancorp Montana by 24.1% in the second quarter. Stockman Wealth Management Inc. now owns 15,514 shares of the bank, valued at $309,000, after purchasing an additional 3,011 shares during the period. Brandes Investment Partners LP increased its holding in shares of Eagle Bancorp Montana by 35.6% in the first quarter. Brandes Investment Partners LP now owns 12,231 shares of the bank valued at $273,000 after purchasing an additional 3,210 shares during the period. BHZ Capital Management LP increased its stake in Eagle Bancorp Montana shares by 3.1% in the first quarter. BHZ Capital Management LP now owns 56,399 shares of the bank valued at $1,259,000 after purchasing an additional 1,703 shares during the period. Cutler Capital Management LLC acquired a new interest in shares of Eagle Bancorp Montana valued at approximately $1,474,000 during the first quarter. Finally, State Street Corp increased its holding in shares of Eagle Bancorp Montana by 8.3% during the first quarter. State Street Corp now owns 14,471 shares of the bank, valued at $323,000, after purchasing an additional 1,107 shares during the period. 32.52% of the shares are owned by institutional investors and hedge funds.
About Eagle Bancorp Montana
Eagle Bancorp Montana, Inc acts as the banking holding company for Opportunity Bank of Montana, which provides a variety of 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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