Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) Shares Acquired by Wells Fargo & Company MN

Wells Fargo & Company MN raised its holdings in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) by 14.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,559 shares of the financial services provider’s stock after purchasing an additional 1,629 shares during the quarter. Wells Fargo & Company MN owned 0.09% of Farmers & Merchants Bancorp worth $370,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of FMAO. SG Americas Securities LLC raised its position in Farmers & Merchants Bancorp by 19.1% during the fourth quarter. SG Americas Securities LLC now owns 5,281 shares of the financial services provider’s stock valued at $156,000 after acquiring an additional 846 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Farmers & Merchants Bancorp during the 4th quarter worth approximately $345,000. Inspire Investing LLC purchased a new position in shares of Farmers & Merchants Bancorp during the 4th quarter valued at approximately $415,000. Barclays PLC lifted its stake in shares of Farmers & Merchants Bancorp by 292.2% in the 3rd quarter. Barclays PLC now owns 16,610 shares of the financial services provider’s stock valued at $460,000 after purchasing an additional 12,375 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in Farmers & Merchants Bancorp by 204.7% during the third quarter. JPMorgan Chase & Co. now owns 19,094 shares of the financial services provider’s stock worth $528,000 after buying an additional 12,827 shares in the last quarter. Institutional investors and hedge funds own 23.96% of the company’s stock.

Farmers & Merchants Bancorp Trading Down 2.2 %

Shares of Farmers & Merchants Bancorp stock opened at $25.10 on Tuesday. The firm has a 50-day simple moving average of $23.66 and a two-hundred day simple moving average of $27.10. 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, Inc. has a fifty-two week low of $19.95 and a fifty-two week high of $34.15. The company has a market cap of $343.87 million, a P/E ratio of 13.21 and a beta of 0.88.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last issued its quarterly earnings results on Monday, April 28th. The financial services provider reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. The firm had revenue of $28.07 million for the quarter, compared to analyst estimates of $26.67 million. Farmers & Merchants Bancorp had a net margin of 14.48% and a return on equity of 7.97%. As a group, equities analysts predict that Farmers & Merchants Bancorp, Inc. will post 1.82 earnings per share for the current fiscal year.

Farmers & Merchants Bancorp Dividend Announcement

The business also recently announced 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 dividend yield of 3.53%. The ex-dividend date was Friday, April 4th. Farmers & Merchants Bancorp’s dividend payout ratio (DPR) 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.