Inspire Investing LLC Invests $415,000 in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO)

Inspire Investing LLC bought a new stake in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 14,095 shares of the financial services provider's stock, valued at approximately $415,000. Inspire Investing LLC owned 0.10% of Farmers & Merchants Bancorp as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FMAO. Larson Financial Group LLC purchased a new position in Farmers & Merchants Bancorp in the 3rd quarter valued at about $55,000. SG Americas Securities LLC purchased a new position in shares of Farmers & Merchants Bancorp in the third quarter valued at approximately $123,000. Trust Co. of Toledo NA OH purchased a new position in shares of Farmers & Merchants Bancorp in the third quarter valued at approximately $220,000. Buckingham Capital Management Inc. purchased a new stake in shares of Farmers & Merchants Bancorp during the third quarter worth approximately $245,000. Finally, Barclays PLC increased its position 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 worth $460,000 after purchasing an additional 12,375 shares in the last quarter. Institutional investors and hedge funds own 23.96% of the company's stock.

Farmers & Merchants Bancorp Price Performance

FMAO stock traded down $0.08 during midday trading on Friday, reaching $26.46. The stock had a trading volume of 21,488 shares, compared to its average volume of 19,929. Farmers & Merchants Bancorp, Inc. has a 52-week low of $18.99 and a 52-week high of $34.15. 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's fifty day simple moving average is $29.93 and its 200 day simple moving average is $27.94. The company has a market cap of $362.48 million, a price-to-earnings ratio of 15.56 and a beta of 0.69.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.08. Farmers & Merchants Bancorp had a net margin of 13.16% and a return on equity of 7.16%. The firm had revenue of $45.86 million for the quarter, compared to the consensus estimate of $24.93 million. As a group, sell-side analysts predict that Farmers & Merchants Bancorp, Inc. will post 1.75 earnings per share for the current fiscal year.

Farmers & Merchants Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 20th. Stockholders of record on Friday, December 27th were given a $0.2213 dividend. The ex-dividend date was Friday, December 27th. This is a positive change from Farmers & Merchants Bancorp's previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a dividend yield of 3.34%. Farmers & Merchants Bancorp's dividend payout ratio is 51.76%.

About Farmers & Merchants Bancorp

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.