Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) Short Interest Down 18.2% in April

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Get Free Report) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 73,900 shares, a decrease of 18.2% from the March 31st total of 90,300 shares. Based on an average trading volume of 17,400 shares, the days-to-cover ratio is presently 4.2 days. Approximately 0.6% of the shares of the company are sold short.

Hedge Funds Weigh In On Farmers & Merchants Bancorp

Several institutional investors and hedge funds have recently modified their holdings of FMAO. Barclays PLC lifted its stake in shares of Farmers & Merchants Bancorp by 292.2% during the 3rd 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 during the last quarter. Geode Capital Management LLC lifted its position in Farmers & Merchants Bancorp by 1.5% during the third quarter. Geode Capital Management LLC now owns 289,674 shares of the financial services provider's stock worth $8,011,000 after acquiring an additional 4,318 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Farmers & Merchants Bancorp by 204.7% during the third quarter. JPMorgan Chase & Co. now owns 19,094 shares of the financial services provider's stock worth $528,000 after acquiring an additional 12,827 shares during the period. Ellsworth Advisors LLC acquired a new position in shares of Farmers & Merchants Bancorp in the fourth quarter valued at approximately $585,000. Finally, SG Americas Securities LLC increased its stake in shares of 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 purchasing an additional 846 shares during the period. 23.96% of the stock is currently owned by institutional investors and hedge funds.

Farmers & Merchants Bancorp Stock Performance

Shares of FMAO traded down $0.56 during midday trading on Monday, reaching $25.10. The stock had a trading volume of 12,173 shares, compared to its average volume of 26,388. The firm has a market cap of $343.87 million, a PE ratio of 13.21 and a beta of 0.88. The firm has a 50 day simple moving average of $23.66 and a 200-day simple moving average of $27.12. Farmers & Merchants Bancorp has a one year low of $19.95 and a one year high of $34.15. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.78.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last posted 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. Farmers & Merchants Bancorp had a return on equity of 7.97% and a net margin of 14.48%. The business had revenue of $28.07 million during the quarter, compared to analysts' expectations of $26.67 million. As a group, sell-side analysts anticipate that Farmers & Merchants Bancorp will post 1.82 EPS for the current year.

Farmers & Merchants Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Sunday, April 20th. Shareholders of record on Friday, April 4th were issued a dividend of $0.2213 per share. This represents a $0.89 annualized dividend and a yield of 3.53%. The ex-dividend date was Friday, April 4th. Farmers & Merchants Bancorp's dividend payout ratio is 43.56%.

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.