Mendel Money Management Sells 7,910 Shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO)

Mendel Money Management reduced its stake in Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) by 5.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 141,378 shares of the financial services provider’s stock after selling 7,910 shares during the period. Farmers & Merchants Bancorp makes up 1.9% of Mendel Money Management’s portfolio, making the stock its 19th biggest position. Mendel Money Management owned approximately 1.03% of Farmers & Merchants Bancorp worth $4,164,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Larson Financial Group LLC bought a new stake in shares of Farmers & Merchants Bancorp during the third quarter valued at approximately $55,000. SG Americas Securities LLC increased its holdings in Farmers & Merchants Bancorp by 19.1% in the 4th quarter. SG Americas Securities LLC now owns 5,281 shares of the financial services provider’s stock worth $156,000 after buying an additional 846 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in Farmers & Merchants Bancorp in the 4th quarter worth about $345,000. Inspire Investing LLC bought a new position in Farmers & Merchants Bancorp during the 4th quarter valued at about $415,000. Finally, Barclays PLC boosted its holdings in shares of Farmers & Merchants Bancorp by 292.2% during the 3rd quarter. Barclays PLC now owns 16,610 shares of the financial services provider’s stock valued at $460,000 after acquiring an additional 12,375 shares during the last quarter. Institutional investors own 23.96% of the company’s stock.

Farmers & Merchants Bancorp Stock Down 0.2 %

FMAO opened at $24.25 on Wednesday. Farmers & Merchants Bancorp, Inc. has a twelve month low of $19.65 and a twelve 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 firm has a 50 day moving average price of $25.66 and a 200-day moving average price of $27.93. The stock has a market capitalization of $332.23 million, a price-to-earnings ratio of 12.76 and a beta of 0.67.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last issued its quarterly earnings data on Wednesday, February 12th. The financial services provider reported $0.61 EPS for the quarter, topping the consensus estimate of $0.48 by $0.13. Farmers & Merchants Bancorp had a return on equity of 7.97% and a net margin of 14.48%. Equities research analysts forecast that Farmers & Merchants Bancorp, Inc. will post 1.82 earnings per share for the current year.

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.