Dimensional Fund Advisors LP Purchases 17,339 Shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO)

Dimensional Fund Advisors LP increased its position in shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Free Report) by 11.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 163,209 shares of the financial services provider's stock after buying an additional 17,339 shares during the quarter. Dimensional Fund Advisors LP owned 1.19% of Farmers & Merchants Bancorp worth $4,806,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC grew its position in Farmers & Merchants Bancorp by 19.1% during the fourth quarter. SG Americas Securities LLC now owns 5,281 shares of the financial services provider's stock worth $156,000 after buying an additional 846 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Farmers & Merchants Bancorp during the fourth quarter worth about $345,000. Wells Fargo & Company MN grew its position in Farmers & Merchants Bancorp by 14.9% during 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 in the last quarter. Inspire Investing LLC acquired a new stake in Farmers & Merchants Bancorp during the fourth quarter worth about $415,000. Finally, Barclays PLC grew its position in 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 buying an additional 12,375 shares in the last quarter. 23.96% of the stock is owned by institutional investors and hedge funds.

Farmers & Merchants Bancorp Price Performance

FMAO traded down $0.86 during midday trading on Friday, reaching $25.62. 18,095 shares of the company's stock were exchanged, compared to its average volume of 26,495. The firm has a market capitalization of $351.46 million, a price-to-earnings ratio of 13.48 and a beta of 0.88. 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 one year low of $19.95 and a one year high of $34.15. The business has a 50-day simple moving average of $23.81 and a two-hundred day simple moving average of $26.99.

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, topping analysts' consensus estimates of $0.42 by $0.09. The firm had revenue of $28.07 million during the quarter, compared to analysts' expectations of $26.67 million. Farmers & Merchants Bancorp had a net margin of 14.48% and a return on equity of 7.97%. As a group, research analysts predict that Farmers & Merchants Bancorp, Inc. will post 1.82 EPS for the current year.

Farmers & Merchants Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Sunday, April 20th. Shareholders of record on Friday, April 4th were paid a dividend of $0.2213 per share. This represents a $0.89 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date was Friday, April 4th. Farmers & Merchants Bancorp's dividend payout ratio is 43.56%.

Farmers & Merchants Bancorp 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.