BNP Paribas Financial Markets Sells 1,181 Shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO)

BNP Paribas Financial Markets lowered its stake in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) by 41.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,658 shares of the financial services provider’s stock after selling 1,181 shares during the period. BNP Paribas Financial Markets’ holdings in Farmers & Merchants Bancorp were worth $49,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Tower Research Capital LLC TRC grew its position in Farmers & Merchants Bancorp by 678.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,000 shares of the financial services provider’s stock valued at $59,000 after acquiring an additional 1,743 shares during the last quarter. SG Americas Securities LLC grew its position in Farmers & Merchants Bancorp by 19.1% in 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 during the last quarter. Stifel Financial Corp bought a new position in Farmers & Merchants Bancorp in the fourth quarter valued at about $311,000. Proficio Capital Partners LLC bought a new position in Farmers & Merchants Bancorp in the fourth quarter valued at about $345,000. Finally, Wells Fargo & Company MN grew its position in Farmers & Merchants Bancorp by 14.9% in the fourth quarter. Wells Fargo & Company MN now owns 12,559 shares of the financial services provider’s stock valued at $370,000 after acquiring an additional 1,629 shares during the last quarter. Institutional investors own 23.96% of the company’s stock.

Farmers & Merchants Bancorp Stock Performance

Farmers & Merchants Bancorp stock opened at $23.55 on Wednesday. Farmers & Merchants Bancorp, Inc. has a 12-month low of $19.95 and a 12-month high of $34.15. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.78. The business’s 50-day moving average price is $23.84 and its two-hundred day moving average price is $26.44. The stock has a market cap of $323.06 million, a PE ratio of 12.39 and a beta of 0.88.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last released its earnings results on Monday, April 28th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $26.67 million. As a group, 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 company also recently declared a quarterly dividend, which was paid on Sunday, April 20th. Stockholders of record on Friday, April 4th were paid a dividend of $0.2213 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date of this dividend was Friday, April 4th. Farmers & Merchants Bancorp’s payout ratio is 43.56%.

Farmers & Merchants Bancorp Company 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.