Farmers & Merchants Bancorp (NASDAQ:FMAO) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $27.64 and traded as low as $24.73. Farmers & Merchants Bancorp shares last traded at $25.17, with a volume of 34,975 shares.

Farmers & Merchants Bancorp Trading Down 6.1 %

The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $344.80 million, a P/E ratio of 14.81 and a beta of 0.69. The firm’s 50-day simple moving average is $30.90 and its 200 day simple moving average is $27.64.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last released its earnings results on Wednesday, October 30th. The financial services provider reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.08. The business had revenue of $45.86 million for the quarter, compared to the consensus estimate of $24.93 million. Farmers & Merchants Bancorp had a net margin of 13.16% and a return on equity of 7.16%. Equities research analysts anticipate that Farmers & Merchants Bancorp, Inc. will post 1.74 EPS for the current fiscal year.

Farmers & Merchants Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 20th. Investors of record on Friday, December 27th will be issued a $0.2213 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 3.52%. This is a boost from Farmers & Merchants Bancorp’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Friday, December 27th. Farmers & Merchants Bancorp’s payout ratio is presently 51.76%.

Institutional Trading of Farmers & Merchants Bancorp

Hedge funds have recently bought and sold shares of the company. Larson Financial Group LLC purchased a new position in shares of Farmers & Merchants Bancorp during the third quarter valued at $55,000. SG Americas Securities LLC purchased a new position in Farmers & Merchants Bancorp during the 3rd quarter valued at about $123,000. Trust Co. of Toledo NA OH acquired a new position in shares of Farmers & Merchants Bancorp in the 3rd quarter valued at about $220,000. Buckingham Capital Management Inc. purchased a new stake in shares of Farmers & Merchants Bancorp in the third quarter worth approximately $245,000. Finally, Barclays PLC boosted its holdings 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 during the period. 23.96% of the stock is owned by hedge funds and other institutional investors.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp, Inc operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in Northwest Ohio and Northeast Indiana. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts.