Farmers & Merchants Bancorp (NASDAQ:FMAO) Stock Price Passes Below Two Hundred Day Moving Average - Should You Sell?

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Get Free Report)'s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $27.81 and traded as low as $23.54. Farmers & Merchants Bancorp shares last traded at $23.96, with a volume of 13,992 shares trading hands.

Farmers & Merchants Bancorp Stock Performance

The firm has a 50 day moving average of $25.08 and a 200-day moving average of $27.71. The company has a market cap of $305.65 million, a P/E ratio of 11.74 and a beta of 0.75. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.78.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $0.61 EPS 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%. As a group, sell-side analysts anticipate that Farmers & Merchants Bancorp, Inc. will post 1.82 EPS for the current fiscal year.

Farmers & Merchants Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, April 20th. Stockholders of record on Friday, April 4th will be given a $0.2213 dividend. The ex-dividend date of this dividend is Friday, April 4th. This represents a $0.89 annualized dividend and a dividend yield of 3.97%. Farmers & Merchants Bancorp's payout ratio is presently 46.32%.

Hedge Funds Weigh In On Farmers & Merchants Bancorp

Several institutional investors have recently bought and sold shares of FMAO. GAMMA Investing LLC boosted its position in Farmers & Merchants Bancorp by 3,065.0% during the 1st quarter. GAMMA Investing LLC now owns 26,301 shares of the financial services provider's stock valued at $629,000 after acquiring an additional 25,470 shares in the last quarter. Squarepoint Ops LLC bought a new position in Farmers & Merchants Bancorp in the fourth quarter worth about $225,000. Deutsche Bank AG lifted its position in shares of Farmers & Merchants Bancorp by 73.5% during the fourth quarter. Deutsche Bank AG now owns 15,548 shares of the financial services provider's stock valued at $458,000 after buying an additional 6,589 shares during the last quarter. Bank of America Corp DE grew its position in shares of Farmers & Merchants Bancorp by 23.7% in the 4th quarter. Bank of America Corp DE now owns 21,373 shares of the financial services provider's stock worth $629,000 after buying an additional 4,088 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of Farmers & Merchants Bancorp by 1.0% during the 4th quarter. Northern Trust Corp now owns 106,445 shares of the financial services provider's stock worth $3,135,000 after acquiring an additional 1,089 shares in the last quarter. 23.96% of the stock is owned by hedge funds and other institutional investors.

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.