14,513 Shares in Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) Acquired by Hicks Capital Management LLC

Hicks Capital Management LLC purchased a new position in shares of Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,513 shares of the financial services provider's stock, valued at approximately $347,000. Farmers & Merchants Bancorp comprises 0.5% of Hicks Capital Management LLC's investment portfolio, making the stock its 25th largest holding. Hicks Capital Management LLC owned 0.11% of Farmers & Merchants Bancorp at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC grew 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 during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Farmers & Merchants Bancorp in the 1st quarter valued at $153,000. Squarepoint Ops LLC purchased a new position in Farmers & Merchants Bancorp in the fourth quarter valued at about $225,000. Stifel Financial Corp purchased a new position in Farmers & Merchants Bancorp in the fourth quarter valued at about $311,000. Finally, Proficio Capital Partners LLC acquired a new position in shares of Farmers & Merchants Bancorp during the fourth quarter worth about $345,000. Hedge funds and other institutional investors own 23.96% of the company's stock.

Farmers & Merchants Bancorp Price Performance

FMAO stock opened at $25.25 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.98 and a current ratio of 0.98. Farmers & Merchants Bancorp Inc. has a 1 year low of $20.88 and a 1 year high of $34.15. The firm has a market cap of $346.43 million, a P/E ratio of 12.50 and a beta of 0.86. The stock has a 50-day simple moving average of $24.30 and a 200-day simple moving average of $25.47.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The financial services provider reported $0.51 earnings per share 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 return on equity of 8.23% and a net margin of 15.15%. On average, equities analysts predict that Farmers & Merchants Bancorp Inc. will post 1.82 earnings per share for the current fiscal year.

Farmers & Merchants Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, July 20th. Stockholders of record on Monday, July 7th will be paid a dividend of $0.2213 per share. The ex-dividend date is Monday, July 7th. This represents a $0.89 annualized dividend and a dividend yield of 3.50%. Farmers & Merchants Bancorp's dividend payout ratio is presently 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.

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