Farmers & Merchants Bancorp (NASDAQ:FMAO) Stock Passes Below 200 Day Moving Average – Time to Sell?

by · The Cerbat Gem

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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.

Farmers & Merchants Bancorp Trading Up 1.3 %

The company has a market capitalization of $308.25 million, a P/E ratio of 11.84 and a beta of 0.75. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a fifty day moving average of $25.18 and a 200 day moving average of $27.74.

Farmers & Merchants Bancorp (NASDAQ:FMAO – Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $0.61 EPS for the quarter, topping analysts’ consensus estimates 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, equities research analysts anticipate that Farmers & Merchants Bancorp, Inc. will post 1.82 EPS for the current fiscal year.

Farmers & Merchants Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, April 20th. Shareholders of record on Friday, April 4th will be issued a dividend of $0.2213 per share. This represents a $0.89 annualized dividend and a yield of 3.93%. The ex-dividend date of this dividend is Friday, April 4th. Farmers & Merchants Bancorp’s dividend payout ratio is currently 46.32%.

Institutional Trading of Farmers & Merchants Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC lifted its stake in shares of Farmers & Merchants Bancorp by 678.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,000 shares of the financial services provider’s stock valued at $59,000 after buying an additional 1,743 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Farmers & Merchants Bancorp by 19.1% in the fourth quarter. SG Americas Securities LLC now owns 5,281 shares of the financial services provider’s stock valued at $156,000 after acquiring an additional 846 shares in the last quarter. Squarepoint Ops LLC bought a new position in shares of Farmers & Merchants Bancorp in the fourth quarter worth about $225,000. Stifel Financial Corp purchased a new stake in shares of Farmers & Merchants Bancorp during the fourth quarter worth about $311,000. Finally, Proficio Capital Partners LLC bought a new stake in Farmers & Merchants Bancorp during the 4th quarter valued at approximately $345,000. 23.96% of the stock is owned by hedge funds and other institutional investors.

Farmers & Merchants Bancorp Company Profile

(Get Free Report)

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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