Dimensional Fund Advisors LP boosted its position in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Free Report) by 11.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 163,209 shares of the financial services provider's stock after purchasing an additional 17,339 shares during the period. Dimensional Fund Advisors LP owned about 1.19% of Farmers & Merchants Bancorp worth $4,806,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the company. First Trust Advisors LP raised its position in shares of Farmers & Merchants Bancorp by 9.1% during the 4th quarter. First Trust Advisors LP now owns 47,703 shares of the financial services provider's stock valued at $1,405,000 after buying an additional 3,996 shares in the last quarter. Barclays PLC lifted its position in Farmers & Merchants Bancorp by 15.3% during the 4th quarter. Barclays PLC now owns 19,159 shares of the financial services provider's stock valued at $565,000 after acquiring an additional 2,549 shares during the period. Wells Fargo & Company MN raised its holdings in Farmers & Merchants Bancorp by 14.9% in the fourth quarter. Wells Fargo & Company MN now owns 12,559 shares of the financial services provider's stock worth $370,000 after buying an additional 1,629 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Farmers & Merchants Bancorp by 134.8% in the fourth quarter. JPMorgan Chase & Co. now owns 44,830 shares of the financial services provider's stock worth $1,320,000 after buying an additional 25,736 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in Farmers & Merchants Bancorp by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 652,760 shares of the financial services provider's stock worth $19,224,000 after buying an additional 9,200 shares during the last quarter. 23.96% of the stock is owned by institutional investors.
Farmers & Merchants Bancorp Trading Up 2.0%
Shares of Farmers & Merchants Bancorp stock opened at $25.55 on Tuesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.99 and a quick ratio of 0.99. The company's fifty day simple moving average is $23.64 and its 200-day simple moving average is $27.03. The stock has a market capitalization of $350.49 million, a PE ratio of 13.45 and a beta of 0.88. Farmers & Merchants Bancorp, Inc. has a 1-year low of $19.95 and a 1-year high of $34.15.
Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The financial services provider reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.09. Farmers & Merchants Bancorp had a return on equity of 7.97% and a net margin of 14.48%. The company had revenue of $28.07 million during the quarter, compared to analyst estimates of $26.67 million. As a group, equities analysts anticipate that Farmers & Merchants Bancorp, Inc. will post 1.82 earnings per share for the current year.
Farmers & Merchants Bancorp Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Sunday, April 20th. Stockholders of record on Friday, April 4th were given a $0.2213 dividend. The ex-dividend date of this dividend was Friday, April 4th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 3.46%. Farmers & Merchants Bancorp's payout ratio is 43.56%.
Farmers & Merchants Bancorp Profile
(
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Farmers & Merchants Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Farmers & Merchants Bancorp wasn't on the list.
While Farmers & Merchants Bancorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
