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

Shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 market cap of $344.80 million, a price-to-earnings ratio of 14.81 and a beta of 0.69. The company’s 50 day moving average price is $30.90 and its 200 day moving average price is $27.64. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.99 and a current ratio of 0.99.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last issued its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $24.93 million. Research analysts anticipate that Farmers & Merchants Bancorp, Inc. will post 1.74 EPS for the current year.

Farmers & Merchants Bancorp Increases Dividend

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

Hedge Funds Weigh In On Farmers & Merchants Bancorp

Institutional investors have recently modified their holdings of the company. Larson Financial Group LLC acquired a new position in shares of Farmers & Merchants Bancorp during the 3rd quarter worth about $55,000. SG Americas Securities LLC acquired a new stake in Farmers & Merchants Bancorp in the 3rd quarter valued at approximately $123,000. Trust Co. of Toledo NA OH bought a new position in Farmers & Merchants Bancorp in the 3rd quarter worth approximately $220,000. Buckingham Capital Management Inc. acquired a new position in shares of Farmers & Merchants Bancorp during the third quarter worth approximately $245,000. Finally, Barclays PLC boosted its position in shares of Farmers & Merchants Bancorp by 292.2% in the third quarter. Barclays PLC now owns 16,610 shares of the financial services provider’s stock valued at $460,000 after acquiring an additional 12,375 shares during the period. Institutional investors own 23.96% of the company’s stock.

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.