Farmers & Merchants Bancorp (NASDAQ:FMAO) Stock Crosses Below 200-Day Moving Average - Should You Sell?

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $28.20 and traded as low as $24.65. Farmers & Merchants Bancorp shares last traded at $25.02, with a volume of 10,259 shares traded.

Farmers & Merchants Bancorp Price Performance

The stock has a market capitalization of $335.79 million, a P/E ratio of 12.90 and a beta of 0.68. 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 company has a fifty day simple moving average of $26.54 and a two-hundred day simple moving average of $28.13.

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 for the quarter, topping the consensus estimate of $0.48 by $0.13. Farmers & Merchants Bancorp had a return on equity of 7.97% and a net margin of 14.48%. Sell-side analysts expect that Farmers & Merchants Bancorp, Inc. 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. Stockholders of record on Friday, December 27th were given a dividend of $0.2213 per share. This is a positive change from Farmers & Merchants Bancorp's previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 3.61%. The ex-dividend date of this dividend was Friday, December 27th. Farmers & Merchants Bancorp's payout ratio is presently 46.32%.

Remove Ads

Hedge Funds Weigh In On Farmers & Merchants Bancorp

Institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its position in shares of Farmers & Merchants Bancorp by 204.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,094 shares of the financial services provider's stock worth $528,000 after buying an additional 12,827 shares during the period. Barclays PLC grew its position in shares of Farmers & Merchants Bancorp by 292.2% in the 3rd quarter. Barclays PLC now owns 16,610 shares of the financial services provider's stock valued at $460,000 after purchasing an additional 12,375 shares during the period. Geode Capital Management LLC grew its position in shares of Farmers & Merchants Bancorp by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 289,674 shares of the financial services provider's stock valued at $8,011,000 after purchasing an additional 4,318 shares during the period. State Street Corp grew its position in shares of Farmers & Merchants Bancorp by 4.0% in the 3rd quarter. State Street Corp now owns 241,043 shares of the financial services provider's stock valued at $6,665,000 after purchasing an additional 9,306 shares during the period. Finally, Inspire Investing LLC acquired a new position in shares of Farmers & Merchants Bancorp in the 4th quarter valued at approximately $415,000. 23.96% of the stock is currently owned by institutional investors and hedge funds.

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.