Barclays PLC Raises Holdings in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO)

Barclays PLC boosted its stake in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Free Report) by 292.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,610 shares of the financial services provider's stock after purchasing an additional 12,375 shares during the quarter. Barclays PLC owned about 0.12% of Farmers & Merchants Bancorp worth $460,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Larson Financial Group LLC acquired a new position in shares of Farmers & Merchants Bancorp during the third quarter worth approximately $55,000. SG Americas Securities LLC bought a new stake in Farmers & Merchants Bancorp during the 3rd quarter valued at $123,000. Trust Co. of Toledo NA OH acquired a new position in Farmers & Merchants Bancorp during the third quarter worth $220,000. Buckingham Capital Management Inc. bought a new position in shares of Farmers & Merchants Bancorp in the third quarter valued at $245,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Farmers & Merchants Bancorp by 11.5% during the second quarter. Dimensional Fund Advisors LP now owns 118,170 shares of the financial services provider's stock valued at $2,744,000 after buying an additional 12,223 shares during the last quarter. 23.96% of the stock is owned by institutional investors.

Farmers & Merchants Bancorp Stock Up 1.6 %

Shares of NASDAQ:FMAO traded up $0.41 during midday trading on Friday, hitting $26.70. 18,754 shares of the company's stock were exchanged, compared to its average volume of 19,248. Farmers & Merchants Bancorp, Inc. has a 12 month low of $18.99 and a 12 month high of $34.15. The company has a market cap of $365.79 million, a PE ratio of 15.71 and a beta of 0.69. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a 50 day moving average price of $30.53 and a 200-day moving average price of $27.86.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.08. The firm had revenue of $45.86 million for the quarter, compared to the consensus estimate of $24.93 million. Farmers & Merchants Bancorp had a net margin of 13.16% and a return on equity of 7.16%. On average, sell-side analysts anticipate that Farmers & Merchants Bancorp, Inc. will post 1.74 EPS for the current fiscal year.

Farmers & Merchants Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 20th. Shareholders of record on Friday, December 27th will be paid a $0.2213 dividend. This is a positive change from Farmers & Merchants Bancorp's previous quarterly dividend of $0.22. The ex-dividend date is Friday, December 27th. This represents a $0.89 annualized dividend and a yield of 3.31%. Farmers & Merchants Bancorp's dividend payout ratio (DPR) is 51.77%.

About Farmers & Merchants Bancorp

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.