Nuveen LLC Makes New Investment in Farmers National Banc Corp. $FMNB

Nuveen LLC purchased a new stake in Farmers National Banc Corp. (NASDAQ:FMNB - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 87,625 shares of the bank's stock, valued at approximately $1,144,000. Nuveen LLC owned approximately 0.23% of Farmers National Banc as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. CWM LLC lifted its position in Farmers National Banc by 105.1% in the 1st quarter. CWM LLC now owns 2,035 shares of the bank's stock valued at $27,000 after acquiring an additional 1,043 shares in the last quarter. GAMMA Investing LLC raised its position in Farmers National Banc by 1,852.1% in the 1st quarter. GAMMA Investing LLC now owns 2,362 shares of the bank's stock valued at $31,000 after buying an additional 2,241 shares during the last quarter. Aquatic Capital Management LLC purchased a new stake in Farmers National Banc in the 4th quarter valued at $36,000. Matrix Trust Co raised its position in Farmers National Banc by 61.2% in the 1st quarter. Matrix Trust Co now owns 10,765 shares of the bank's stock valued at $140,000 after buying an additional 4,086 shares during the last quarter. Finally, ProShare Advisors LLC purchased a new stake in Farmers National Banc in the 4th quarter valued at $146,000. Institutional investors own 38.72% of the company's stock.

Farmers National Banc Stock Down 1.6%

NASDAQ FMNB traded down $0.25 on Friday, reaching $15.05. The company had a trading volume of 60,199 shares, compared to its average volume of 93,109. The stock has a market capitalization of $566.63 million, a P/E ratio of 11.23 and a beta of 0.85. The company's fifty day moving average is $14.21 and its 200 day moving average is $13.56. Farmers National Banc Corp. has a 52-week low of $11.58 and a 52-week high of $16.29. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.20.

Farmers National Banc (NASDAQ:FMNB - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The bank reported $0.37 EPS for the quarter, meeting analysts' consensus estimates of $0.37. The business had revenue of $47.04 million during the quarter, compared to analyst estimates of $46.55 million. Farmers National Banc had a return on equity of 12.02% and a net margin of 18.19%. Sell-side analysts anticipate that Farmers National Banc Corp. will post 1.45 earnings per share for the current fiscal year.

Farmers National Banc Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 12th will be given a $0.17 dividend. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.68 annualized dividend and a yield of 4.5%. Farmers National Banc's payout ratio is currently 50.75%.

Farmers National Banc Profile

Farmers National Banc Corp. operates as a bank holding company for The Farmers National Bank of Canfield engages in the banking, trust, retirement consulting, insurance, and financial management businesses. It offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, brokerage, and other services.