7,652 Shares in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) Acquired by Squarepoint Ops LLC

Squarepoint Ops LLC bought a new position in shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,652 shares of the financial services provider’s stock, valued at approximately $225,000. Squarepoint Ops LLC owned approximately 0.06% of Farmers & Merchants Bancorp as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the business. Rhumbline Advisers increased its stake in Farmers & Merchants Bancorp by 3.1% during the 4th quarter. Rhumbline Advisers now owns 19,077 shares of the financial services provider’s stock worth $562,000 after purchasing an additional 571 shares in the last quarter. SG Americas Securities LLC increased its stake in Farmers & Merchants Bancorp by 19.1% during the 4th quarter. SG Americas Securities LLC now owns 5,281 shares of the financial services provider’s stock worth $156,000 after purchasing an additional 846 shares in the last quarter. Northern Trust Corp increased its stake in Farmers & Merchants Bancorp by 1.0% during the 4th quarter. Northern Trust Corp now owns 106,445 shares of the financial services provider’s stock worth $3,135,000 after purchasing an additional 1,089 shares in the last quarter. Wells Fargo & Company MN increased its stake in Farmers & Merchants Bancorp by 14.9% during the 4th quarter. Wells Fargo & Company MN now owns 12,559 shares of the financial services provider’s stock worth $370,000 after purchasing an additional 1,629 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in 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. 23.96% of the stock is owned by institutional investors.

Farmers & Merchants Bancorp Price Performance

NASDAQ FMAO opened at $23.16 on Friday. The business has a 50 day simple moving average of $23.78 and a 200 day simple moving average of $26.25. 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. The stock has a market cap of $317.71 million, a price-to-earnings ratio of 12.19 and a beta of 0.86.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last posted 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 business 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 earnings per share for the current fiscal year.

Farmers & Merchants Bancorp Announces Dividend

The firm 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. The ex-dividend date of this dividend was Friday, April 4th. This represents a $0.89 annualized dividend and a dividend yield of 3.82%. Farmers & Merchants Bancorp’s dividend payout ratio is currently 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.