Farmers & Merchants Bancorp (NASDAQ:FMAO) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 trading hands.

Farmers & Merchants Bancorp Stock Up 0.5 %

The business has a 50 day moving average price of $25.35 and a 200 day moving average price of $27.81. The firm has a market capitalization of $328.25 million, a P/E ratio of 12.61 and a beta of 0.75. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.99 and a quick ratio of 0.99.

Farmers & Merchants Bancorp (NASDAQ:FMAO) 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%. On average, analysts predict that Farmers & Merchants Bancorp, Inc. will post 1.82 earnings per share for the current year.

Farmers & Merchants Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, April 20th. Stockholders of record on Friday, April 4th will be issued a dividend of $0.2213 per share. The ex-dividend date is Friday, April 4th. This represents a $0.89 annualized dividend and a dividend yield of 3.69%. Farmers & Merchants Bancorp’s payout ratio is 46.32%.

Institutional Investors Weigh In On Farmers & Merchants Bancorp

Several hedge funds have recently made changes to their positions in FMAO. Tower Research Capital LLC TRC boosted its stake in Farmers & Merchants Bancorp by 678.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,000 shares of the financial services provider’s stock worth $59,000 after buying an additional 1,743 shares in the last quarter. SG Americas Securities LLC raised its position 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 worth $156,000 after purchasing an additional 846 shares in the last quarter. Squarepoint Ops LLC acquired a new position in Farmers & Merchants Bancorp in the fourth quarter worth about $225,000. Stifel Financial Corp bought a new position in Farmers & Merchants Bancorp during the fourth quarter worth about $311,000. Finally, Proficio Capital Partners LLC acquired a new stake in Farmers & Merchants Bancorp during the fourth quarter valued at approximately $345,000. Institutional investors own 23.96% of the company’s stock.

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.