Shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $27.54 and traded as low as $21.48. Farmers & Merchants Bancorp shares last traded at $21.91, with a volume of 16,880 shares trading hands.
Farmers & Merchants Bancorp Stock Up 0.4 %
The business's fifty day moving average price is $24.30 and its 200 day moving average price is $27.42. The firm has a market capitalization of $294.69 million, a price-to-earnings ratio of 11.32 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.
Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last posted its 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 return on equity of 7.97% and a net margin of 14.48%. On average, equities analysts expect that Farmers & Merchants Bancorp, Inc. will post 1.82 EPS for the current year.
Farmers & Merchants Bancorp Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Sunday, April 20th. Investors of record on Friday, April 4th will be paid a dividend of $0.2213 per share. The ex-dividend date of this dividend is Friday, April 4th. This represents a $0.89 annualized dividend and a yield of 4.11%. Farmers & Merchants Bancorp's payout ratio is 46.32%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in FMAO. Tower Research Capital LLC TRC increased its position in shares of Farmers & Merchants Bancorp by 678.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,000 shares of the financial services provider's stock valued at $59,000 after purchasing an additional 1,743 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Farmers & Merchants Bancorp in the first quarter worth about $153,000. SG Americas Securities LLC boosted its position in 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 valued at $156,000 after buying an additional 846 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in Farmers & Merchants Bancorp in the fourth quarter worth about $225,000. Finally, Stifel Financial Corp bought a new stake in shares of Farmers & Merchants Bancorp during the fourth quarter worth approximately $311,000. Institutional investors own 23.96% of the company's stock.
Farmers & Merchants Bancorp Company Profile
(
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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.
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