Stifel Financial Corp Invests $311,000 in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO)

Stifel Financial Corp purchased a new position in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 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 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Barclays PLC lifted its holdings in Farmers & Merchants Bancorp by 292.2% in the third quarter. Barclays PLC now owns 16,610 shares of the financial services provider's stock worth $460,000 after purchasing an additional 12,375 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Farmers & Merchants Bancorp by 204.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 19,094 shares of the financial services provider's stock valued at $528,000 after purchasing an additional 12,827 shares during the period. Ellsworth Advisors LLC acquired a new position in shares of Farmers & Merchants Bancorp in the 4th quarter valued at about $585,000. SG Americas Securities LLC increased its holdings in shares of Farmers & Merchants Bancorp by 19.1% in the 4th quarter. SG Americas Securities LLC now owns 5,281 shares of the financial services provider's stock valued at $156,000 after purchasing an additional 846 shares during the period. Finally, Inspire Investing LLC bought a new stake in shares of Farmers & Merchants Bancorp in the 4th quarter valued at approximately $415,000. Institutional investors own 23.96% of the company's stock.

Farmers & Merchants Bancorp Stock Down 3.2%

Shares of NASDAQ FMAO traded down $0.86 during trading hours on Friday, hitting $25.62. The stock had a trading volume of 18,095 shares, compared to its average volume of 26,495. The company has a market capitalization of $351.46 million, a P/E ratio of 13.48 and a beta of 0.88. The firm's 50-day moving average price is $23.81 and its two-hundred day moving average price is $27.00. Farmers & Merchants Bancorp, Inc. has a 52 week low of $19.95 and a 52 week high of $34.15. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.99 and a current ratio of 0.99.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last announced its earnings results on Monday, April 28th. The financial services provider reported $0.51 earnings per share (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 firm had revenue of $28.07 million during the quarter, compared to analysts' expectations of $26.67 million. Analysts anticipate that Farmers & Merchants Bancorp, Inc. will post 1.82 EPS for the current fiscal year.

Farmers & Merchants Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Sunday, April 20th. Investors of record on Friday, April 4th were given a $0.2213 dividend. The ex-dividend date was Friday, April 4th. This represents a $0.89 annualized dividend and a yield of 3.45%. Farmers & Merchants Bancorp's dividend payout ratio (DPR) is currently 43.56%.

About Farmers & Merchants Bancorp

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.