Farmers & Merchants Bancorp (NASDAQ:FMAO) Stock Crosses Above 50-Day Moving Average - Should You Sell?

Key Points

• Farmers & Merchants Bancorp's stock price has crossed above its 50-day moving average of $25.68, trading as high as $26.25, signaling potential bullish momentum.
• The company reported a quarterly EPS of $0.56, surpassing expectations and generating a net margin of 16.04% alongside a revenue of $29.65 million.
• Farmers & Merchants Bancorp announced a quarterly dividend of $0.2213 per share, yielding 3.4% with a payout ratio of 40.74%.

Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $25.68 and traded as high as $26.25. Farmers & Merchants Bancorp shares last traded at $26.10, with a volume of 14,073 shares trading hands.

Farmers & Merchants Bancorp Stock Down 1.6%

The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $357.95 million, a PE ratio of 12.08 and a beta of 0.90. The stock's fifty day simple moving average is $25.65 and its 200-day simple moving average is $24.71.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last announced its earnings results on Monday, July 28th. The financial services provider reported $0.56 EPS for the quarter, beating the consensus estimate of $0.51 by $0.05. Farmers & Merchants Bancorp had a net margin of 16.04% and a return on equity of 8.66%. The company had revenue of $29.65 million during the quarter, compared to the consensus estimate of $28.67 million. As a group, sell-side analysts forecast that Farmers & Merchants Bancorp Inc. will post 1.82 EPS for the current fiscal year.

Farmers & Merchants Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Sunday, July 20th. Stockholders of record on Monday, July 7th were paid a dividend of $0.2213 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Monday, July 7th. Farmers & Merchants Bancorp's payout ratio is presently 40.74%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its stake in shares of Farmers & Merchants Bancorp by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 299,470 shares of the financial services provider's stock worth $7,572,000 after purchasing an additional 4,527 shares during the last quarter. Northern Trust Corp raised its stake in shares of Farmers & Merchants Bancorp by 1.0% in the fourth quarter. Northern Trust Corp now owns 106,445 shares of the financial services provider's stock valued at $3,135,000 after buying an additional 1,089 shares during the period. Nuveen LLC purchased a new position in shares of Farmers & Merchants Bancorp during the 1st quarter valued at $817,000. GAMMA Investing LLC grew its stake in shares of Farmers & Merchants Bancorp by 3,065.0% during the 1st quarter. GAMMA Investing LLC now owns 26,301 shares of the financial services provider's stock worth $629,000 after acquiring an additional 25,470 shares during the period. Finally, Bank of America Corp DE increased its holdings in Farmers & Merchants Bancorp by 23.7% in the 4th quarter. Bank of America Corp DE now owns 21,373 shares of the financial services provider's stock worth $629,000 after acquiring an additional 4,088 shares during the last quarter. 23.96% of the stock is currently owned by hedge funds and other institutional investors.

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.