Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) Director Eugene N. Burkholder purchased 1,433 shares of the company’s stock in a transaction that occurred on Saturday, May 6th. The shares were purchased at an average cost of $21.90 per share, for a total transaction of $31,382.70. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Farmers & Merchants Bancorp Inc. (FMAO) traded down 1.10% during midday trading on Monday, reaching $39.74. 7,056 shares of the company traded hands. The stock has a market capitalization of $363.82 million, a price-to-earnings ratio of 29.92 and a beta of 0.06. Farmers & Merchants Bancorp Inc. has a 12 month low of $16.40 and a 12 month high of $43.90. The firm has a 50 day moving average of $38.54 and a 200-day moving average of $29.94.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last issued its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.35 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.35. Farmers & Merchants Bancorp had a net margin of 24.46% and a return on equity of 9.74%. The business had revenue of $11.84 million during the quarter, compared to analysts’ expectations of $11.85 million. Analysts forecast that Farmers & Merchants Bancorp Inc. will post $1.35 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 20th. Stockholders of record on Tuesday, September 26th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date was Monday, September 25th. Farmers & Merchants Bancorp’s payout ratio is 38.52%.

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Several research firms recently issued reports on FMAO. ValuEngine downgraded shares of Farmers & Merchants Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday. Boenning Scattergood reaffirmed a “hold” rating on shares of Farmers & Merchants Bancorp in a research note on Thursday. Finally, Zacks Investment Research raised shares of Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research note on Friday.

Several institutional investors have recently modified their holdings of FMAO. Nationwide Fund Advisors acquired a new stake in shares of Farmers & Merchants Bancorp in the second quarter worth $139,000. Advisor Group Inc. acquired a new position in Farmers & Merchants Bancorp during the 2nd quarter valued at $206,000. Rhumbline Advisers acquired a new position in Farmers & Merchants Bancorp during the 2nd quarter valued at $296,000. New York State Common Retirement Fund acquired a new position in Farmers & Merchants Bancorp during the 2nd quarter valued at $298,000. Finally, Vanguard Group Inc. acquired a new position in Farmers & Merchants Bancorp during the 2nd quarter valued at $432,000. Institutional investors and hedge funds own 3.88% of the company’s stock.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp, Inc is a bank holding company. The Company’s primary subsidiary, The Farmers & Merchants State Bank (the Bank), is a community bank operating in Northwest Ohio and Northeast Indiana. The Company’s other subsidiary, Farmers & Merchants Risk Management (Captive), is a captive insurance company.

Insider Buying and Selling by Quarter for Farmers & Merchants Bancorp (NASDAQ:FMAO)

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