Stifel Financial Corp bought a new stake in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,562 shares of the financial services provider's stock, valued at approximately $311,000. Stifel Financial Corp owned about 0.08% of Farmers & Merchants Bancorp as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FMAO. Tower Research Capital LLC TRC grew its holdings in shares of Farmers & Merchants Bancorp by 678.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,000 shares of the financial services provider's stock worth $59,000 after purchasing an additional 1,743 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Farmers & Merchants Bancorp by 11.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 163,209 shares of the financial services provider's stock worth $4,806,000 after purchasing an additional 17,339 shares in the last quarter. First Trust Advisors LP boosted its stake in Farmers & Merchants Bancorp by 9.1% in the 4th quarter. First Trust Advisors LP now owns 47,703 shares of the financial services provider's stock valued at $1,405,000 after buying an additional 3,996 shares in the last quarter. Barclays PLC boosted its stake in Farmers & Merchants Bancorp by 15.3% in the 4th quarter. Barclays PLC now owns 19,159 shares of the financial services provider's stock valued at $565,000 after buying an additional 2,549 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in Farmers & Merchants Bancorp by 14.9% in the 4th quarter. Wells Fargo & Company MN now owns 12,559 shares of the financial services provider's stock valued at $370,000 after buying an additional 1,629 shares in the last quarter. Institutional investors and hedge funds own 23.96% of the company's stock.
Farmers & Merchants Bancorp Price Performance
FMAO stock traded up $0.27 during trading on Tuesday, hitting $25.92. The company had a trading volume of 1,353 shares, compared to its average volume of 26,355. The company has a fifty day moving average price of $23.85 and a two-hundred day moving average price of $26.98. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.78. The company has a market cap of $355.50 million, a P/E ratio of 13.79 and a beta of 0.88. Farmers & Merchants Bancorp, Inc. has a fifty-two week low of $19.95 and a fifty-two week high of $34.15.
Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $28.07 million for the quarter, compared to analyst estimates of $26.67 million. Farmers & Merchants Bancorp had a return on equity of 7.97% and a net margin of 14.48%. Equities research analysts expect 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 disclosed a quarterly dividend, which was paid on Sunday, April 20th. Shareholders of record on Friday, April 4th were paid a $0.2213 dividend. This represents a $0.89 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend was Friday, April 4th. Farmers & Merchants Bancorp's dividend payout ratio is currently 43.56%.
Farmers & Merchants Bancorp Profile
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Free Report)
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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