Proficio Capital Partners LLC Invests $345,000 in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO)

Proficio Capital Partners LLC bought a new position in shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,721 shares of the financial services provider's stock, valued at approximately $345,000. Proficio Capital Partners LLC owned 0.09% of Farmers & Merchants Bancorp at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Larson Financial Group LLC bought a new position in shares of Farmers & Merchants Bancorp during the third quarter worth $55,000. SG Americas Securities LLC boosted its holdings in shares of Farmers & Merchants Bancorp by 19.1% during the 4th quarter. SG Americas Securities LLC now owns 5,281 shares of the financial services provider's stock valued at $156,000 after purchasing an additional 846 shares during the last quarter. Inspire Investing LLC bought a new stake in shares of Farmers & Merchants Bancorp in the fourth quarter worth about $415,000. Barclays PLC increased its holdings in shares of Farmers & Merchants Bancorp by 292.2% in the third quarter. Barclays PLC now owns 16,610 shares of the financial services provider's stock worth $460,000 after purchasing an additional 12,375 shares during the last quarter. Finally, Rhumbline Advisers lifted its position in shares of Farmers & Merchants Bancorp by 3.1% in the fourth quarter. Rhumbline Advisers now owns 19,077 shares of the financial services provider's stock worth $562,000 after buying an additional 571 shares in the last quarter. Hedge funds and other institutional investors own 23.96% of the company's stock.

Farmers & Merchants Bancorp Trading Down 2.0 %

Shares of NASDAQ:FMAO traded down $0.50 during trading on Friday, reaching $24.15. The company's stock had a trading volume of 11,580 shares, compared to its average volume of 25,819. The stock has a market capitalization of $330.86 million, a PE ratio of 12.71 and a beta of 0.67. Farmers & Merchants Bancorp, Inc. has a 12 month low of $19.65 and a 12 month high of $34.15. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.78. The firm's 50 day simple moving average is $25.51 and its two-hundred day simple moving average is $27.88.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.13. Farmers & Merchants Bancorp had a net margin of 14.48% and a return on equity of 7.97%. On average, research analysts predict that Farmers & Merchants Bancorp, Inc. will post 1.82 EPS for the current fiscal year.

Farmers & Merchants Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, April 20th. Investors of record on Friday, April 4th will be paid a $0.2213 dividend. This represents a $0.89 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date is Friday, April 4th. Farmers & Merchants Bancorp's dividend payout ratio (DPR) is presently 46.32%.

Farmers & Merchants Bancorp Profile

Farmers & Merchants Bancorp, Inc is a bank holding company, which engages in the provision of commercial banking, retail banking, and financial services. It includes commercial, agricultural, and residential mortgages as well as consumer and credit card lending activities. The firm also offers checking account services, and savings and time deposit services.