JPMorgan Chase & Co. Purchases 25,736 Shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO)

JPMorgan Chase & Co. lifted its stake in shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Free Report) by 134.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 44,830 shares of the financial services provider's stock after acquiring an additional 25,736 shares during the period. JPMorgan Chase & Co. owned 0.33% of Farmers & Merchants Bancorp worth $1,320,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. SG Americas Securities LLC lifted its holdings in shares of Farmers & Merchants Bancorp by 19.1% in the 4th quarter. SG Americas Securities LLC now owns 5,281 shares of the financial services provider's stock worth $156,000 after purchasing an additional 846 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in Farmers & Merchants Bancorp during the fourth quarter worth $345,000. Inspire Investing LLC bought a new position in shares of Farmers & Merchants Bancorp in the fourth quarter valued at $415,000. Barclays PLC grew its holdings in shares of Farmers & Merchants Bancorp by 292.2% during the third quarter. Barclays PLC now owns 16,610 shares of the financial services provider's stock valued at $460,000 after buying an additional 12,375 shares during the last quarter. Finally, Rhumbline Advisers grew its holdings in shares of Farmers & Merchants Bancorp by 3.1% during the fourth quarter. Rhumbline Advisers now owns 19,077 shares of the financial services provider's stock valued at $562,000 after buying an additional 571 shares during the last quarter. 23.96% of the stock is owned by institutional investors.

Farmers & Merchants Bancorp Stock Up 8.0 %

Shares of FMAO traded up $1.85 on Tuesday, reaching $24.99. The company's stock had a trading volume of 36,848 shares, compared to its average volume of 26,170. Farmers & Merchants Bancorp, Inc. has a twelve month low of $19.95 and a twelve month high of $34.15. The stock has a market capitalization of $342.36 million, a PE ratio of 13.15 and a beta of 0.75. 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 has a fifty day moving average of $23.65 and a 200-day moving average of $27.20.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The financial services provider reported $0.51 EPS for the quarter, topping the consensus estimate of $0.42 by $0.09. The firm had revenue of $28.07 million during the quarter, compared to the consensus estimate of $26.67 million. Farmers & Merchants Bancorp had a return on equity of 7.97% and a net margin of 14.48%. Equities analysts predict that Farmers & Merchants Bancorp, Inc. will post 1.82 EPS for the current year.

Farmers & Merchants Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Sunday, April 20th. Shareholders of record on Friday, April 4th were paid a dividend of $0.2213 per share. This represents a $0.89 annualized dividend and a yield of 3.54%. The ex-dividend date was Friday, April 4th. Farmers & Merchants Bancorp's dividend payout ratio (DPR) is presently 46.32%.

Farmers & Merchants Bancorp Company 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.