Farmers & Merchants Bancorp (NASDAQ:FMAO) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $26.93 and traded as low as $23.76. Farmers & Merchants Bancorp shares last traded at $23.76, with a volume of 7,594 shares changing hands.

Farmers & Merchants Bancorp Price Performance

The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $325.94 million, a P/E ratio of 12.51 and a beta of 0.88. The business’s fifty day moving average price is $23.93 and its 200-day moving average price is $26.93.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last posted its quarterly earnings data 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 net margin of 14.48% and a return on equity of 7.97%. The company had revenue of $28.07 million during the quarter, compared to the consensus estimate of $26.67 million. As a group, sell-side analysts predict that Farmers & Merchants Bancorp, Inc. will post 1.82 earnings per share for the current fiscal year.

Farmers & Merchants Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Sunday, April 20th. Stockholders of record on Friday, April 4th were issued a dividend of $0.2213 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date was Friday, April 4th. Farmers & Merchants Bancorp’s dividend payout ratio is currently 43.56%.

Institutional Trading of Farmers & Merchants Bancorp

Hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its holdings in shares of Farmers & Merchants Bancorp by 204.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,094 shares of the financial services provider’s stock worth $528,000 after acquiring an additional 12,827 shares during the last quarter. Inspire Investing LLC purchased a new position in Farmers & Merchants Bancorp in the 4th quarter worth $415,000. SG Americas Securities LLC raised its position 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 purchasing an additional 846 shares during the period. Proficio Capital Partners LLC purchased a new position in Farmers & Merchants Bancorp in the 4th quarter worth $345,000. Finally, Tower Research Capital LLC TRC raised its position in Farmers & Merchants Bancorp by 678.2% in 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 during the period. 23.96% of the stock is owned by institutional investors.

About Farmers & Merchants Bancorp

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.