Farmers & Merchants Bancorp (NASDAQ:FMAO) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Shares of Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $25.60 and traded as low as $23.91. Farmers & Merchants Bancorp shares last traded at $25.00, with a volume of 52,716 shares.

Wall Street Analysts Forecast Growth

FMAO has been the subject of several recent research reports. Zacks Research cut Farmers & Merchants Bancorp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Farmers & Merchants Bancorp in a report on Monday, December 29th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

Farmers & Merchants Bancorp Price Performance

The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.71. The company’s 50-day moving average is $26.42 and its 200-day moving average is $25.60. The stock has a market cap of $364 million, a price-to-earnings ratio of 10.33 and a beta of 0.85.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last released its quarterly earnings data on Thursday, February 12th. The financial services provider reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.04. The company had revenue of $32.45 million for the quarter, compared to analyst estimates of $27.30 million. Farmers & Merchants Bancorp had a return on equity of 9.33% and a net margin of 17.47%. Equities research analysts expect that Farmers & Merchants Bancorp Inc. will post 1.82 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of FMAO. Royal Bank of Canada lifted its holdings in shares of Farmers & Merchants Bancorp by 124.6% during the fourth quarter. Royal Bank of Canada now owns 1,159 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 643 shares during the period. CANADA LIFE ASSURANCE Co acquired a new stake in shares of Farmers & Merchants Bancorp during the 4th quarter worth about $34,000. BNP Paribas Financial Markets increased its position in shares of Farmers & Merchants Bancorp by 36.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,924 shares of the financial services provider’s stock worth $49,000 after purchasing an additional 509 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Farmers & Merchants Bancorp by 126.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,185 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 1,219 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in Farmers & Merchants Bancorp by 948.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,436 shares of the financial services provider’s stock valued at $112,000 after purchasing an additional 4,013 shares during the last quarter. 23.96% of the stock is currently owned by institutional investors and hedge funds.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp (NASDAQ:FMAO) is the bank holding company for Farmers & Merchants Bank of Central California, a community-focused institution headquartered in Los Banos, California. The bank traces its roots to 1916 and has grown to serve individuals, businesses and agricultural enterprises throughout the western San Joaquin Valley. Operating with a commitment to local decision-making, the company emphasizes personalized service and close ties to the communities in which it operates.

Through its banking subsidiary, Farmers & Merchants offers a comprehensive suite of financial products and services, including checking and savings accounts, certificates of deposit, online and mobile banking platforms, and merchant services.