Farmers & Merchants Bancorp (NASDAQ:FMAO) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $28.20 and traded as low as $24.65. Farmers & Merchants Bancorp shares last traded at $25.02, with a volume of 10,259 shares changing hands.

Farmers & Merchants Bancorp Stock Down 1.6 %

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 company has a market capitalization of $342.77 million, a PE ratio of 13.17 and a beta of 0.68. The business’s 50 day simple moving average is $26.83 and its 200 day simple moving average is $28.20.

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

Farmers & Merchants Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 20th. Stockholders of record on Friday, December 27th were given a $0.2213 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 3.54%. This is a positive change from Farmers & Merchants Bancorp’s previous quarterly dividend of $0.22. The ex-dividend date was Friday, December 27th. Farmers & Merchants Bancorp’s dividend payout ratio is 46.32%.

Institutional Trading of Farmers & Merchants Bancorp

Hedge funds have recently made changes to their positions in the stock. Larson Financial Group LLC purchased a new stake in shares of Farmers & Merchants Bancorp in the third quarter worth approximately $55,000. Tower Research Capital LLC TRC lifted its position in shares of 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 worth $59,000 after purchasing an additional 1,743 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of 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 worth $156,000 after purchasing an additional 846 shares in the last quarter. Squarepoint Ops LLC purchased a new stake in shares of Farmers & Merchants Bancorp in the fourth quarter worth approximately $225,000. Finally, Buckingham Capital Management Inc. purchased a new stake in shares of Farmers & Merchants Bancorp in the third quarter worth approximately $245,000. 23.96% of the stock is owned by hedge funds and other institutional investors.

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.