Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) Sees Significant Decline in Short Interest

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Get Free Report) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 96,500 shares, a decline of 6.9% from the January 15th total of 103,600 shares. Based on an average trading volume of 24,000 shares, the days-to-cover ratio is presently 4.0 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Squarepoint Ops LLC acquired a new stake in shares of Farmers & Merchants Bancorp during the fourth quarter worth about $225,000. Deutsche Bank AG raised its holdings in Farmers & Merchants Bancorp by 73.5% in the fourth quarter. Deutsche Bank AG now owns 15,548 shares of the financial services provider's stock valued at $458,000 after acquiring an additional 6,589 shares in the last quarter. Bank of America Corp DE raised its holdings in Farmers & Merchants Bancorp by 23.7% in the fourth quarter. Bank of America Corp DE now owns 21,373 shares of the financial services provider's stock valued at $629,000 after acquiring an additional 4,088 shares in the last quarter. Northern Trust Corp raised its holdings in Farmers & Merchants Bancorp by 1.0% in the fourth quarter. Northern Trust Corp now owns 106,445 shares of the financial services provider's stock valued at $3,135,000 after acquiring an additional 1,089 shares in the last quarter. Finally, Stifel Financial Corp acquired a new stake in Farmers & Merchants Bancorp in the fourth quarter valued at approximately $311,000. Institutional investors and hedge funds own 23.96% of the company's stock.

Farmers & Merchants Bancorp Trading Down 1.2 %

Shares of FMAO traded down $0.31 during mid-day trading on Friday, reaching $25.19. The stock had a trading volume of 21,635 shares, compared to its average volume of 19,730. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.99 and a quick ratio of 0.99. Farmers & Merchants Bancorp has a 52-week low of $18.99 and a 52-week high of $34.15. The business's fifty day moving average is $27.67 and its 200 day moving average is $28.11. The firm has a market cap of $345.10 million, a price-to-earnings ratio of 13.26 and a beta of 0.68.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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, sell-side analysts predict that Farmers & Merchants Bancorp will post 1.82 EPS for the current fiscal year.

Farmers & Merchants Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 20th. Shareholders of record on Friday, December 27th were given a $0.2213 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.89 dividend on an annualized basis and a yield of 3.51%. This is a boost from Farmers & Merchants Bancorp's previous quarterly dividend of $0.22. Farmers & Merchants Bancorp's dividend payout ratio 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.