Farmers & Merchants Bancorp (NASDAQ:FMAO) Insider Eric Faust Sells 1,148 Shares

Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) insider Eric Faust sold 1,148 shares of the business’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $25.16, for a total transaction of $28,883.68. Following the completion of the transaction, the insider owned 5,538 shares in the company, valued at approximately $139,336.08. The trade was a 17.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Farmers & Merchants Bancorp Trading Up 0.7%

Farmers & Merchants Bancorp stock traded up $0.18 during trading hours on Wednesday, reaching $25.10. 32,480 shares of the company’s stock were exchanged, compared to its average volume of 40,712. 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 firm’s 50 day simple moving average is $26.42 and its 200 day simple moving average is $25.56. Farmers & Merchants Bancorp Inc. has a twelve month low of $20.88 and a twelve month high of $29.83. The firm has a market capitalization of $365.46 million, a PE ratio of 10.30 and a beta of 0.85.

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

Farmers & Merchants Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 20th. Shareholders of record on Friday, April 3rd will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Thursday, April 2nd. Farmers & Merchants Bancorp’s payout ratio is presently 38.02%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Zacks Research cut Farmers & Merchants Bancorp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Farmers & Merchants Bancorp in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

Institutional Trading of Farmers & Merchants Bancorp

Several large investors have recently made changes to their positions in FMAO. Ancora Advisors LLC bought a new stake in Farmers & Merchants Bancorp in the 3rd quarter valued at about $921,000. Royal Bank of Canada boosted its holdings in Farmers & Merchants Bancorp by 124.6% in the fourth quarter. Royal Bank of Canada now owns 1,159 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 643 shares in the last quarter. CANADA LIFE ASSURANCE Co acquired a new stake in Farmers & Merchants Bancorp in the fourth quarter valued at approximately $34,000. BNP Paribas Financial Markets grew its stake in Farmers & Merchants Bancorp by 36.0% in the second quarter. BNP Paribas Financial Markets now owns 1,924 shares of the financial services provider’s stock valued at $49,000 after acquiring an additional 509 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in shares of Farmers & Merchants Bancorp by 126.2% during the third quarter. Farther Finance Advisors LLC now owns 2,185 shares of the financial services provider’s stock valued at $55,000 after acquiring an additional 1,219 shares in 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.