11,721 Shares in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new stake in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,721 shares of the financial services provider’s stock, valued at approximately $345,000. Proficio Capital Partners LLC owned 0.09% of Farmers & Merchants Bancorp as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FMAO. Rhumbline Advisers lifted its holdings in shares of Farmers & Merchants Bancorp by 3.1% in the 4th quarter. Rhumbline Advisers now owns 19,077 shares of the financial services provider’s stock valued at $562,000 after buying an additional 571 shares during the period. Inspire Investing LLC purchased a new position in Farmers & Merchants Bancorp in the fourth quarter worth $415,000. SG Americas Securities LLC lifted its holdings in 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 during the period. Ellsworth Advisors LLC purchased a new stake in shares of Farmers & Merchants Bancorp during the 4th quarter worth $585,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Farmers & Merchants Bancorp by 204.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,094 shares of the financial services provider’s stock worth $528,000 after purchasing an additional 12,827 shares in the last quarter. Hedge funds and other institutional investors own 23.96% of the company’s stock.

Farmers & Merchants Bancorp Stock Performance

Shares of FMAO opened at $24.25 on Wednesday. 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, Inc. has a 52-week low of $19.65 and a 52-week high of $34.15. The company has a 50-day simple moving average of $25.66 and a 200-day simple moving average of $27.93. The company has a market capitalization of $332.23 million, a PE ratio of 12.76 and a beta of 0.67.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last issued its earnings results on Wednesday, February 12th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.13. Farmers & Merchants Bancorp had a net margin of 14.48% and a return on equity of 7.97%. Equities research analysts predict that Farmers & Merchants Bancorp, Inc. will post 1.82 earnings per share for the current fiscal year.

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.