Farmers & Merchants Bancorp, Inc. (OH) (FMAO) Position Cut by F3Logic LLC

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F3Logic LLC reduced its position in shares of Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) by 2.2% in the 1st quarter, Holdings Channel reports. The firm owned 83,712 shares of the financial services provider’s stock after selling 1,864 shares during the quarter. F3Logic LLC’s holdings in Farmers & Merchants Bancorp, Inc. (OH) were worth $2,518,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA boosted its position in Farmers & Merchants Bancorp, Inc. (OH) by 46,375.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 1,859 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 1,855 shares during the period. American Century Companies Inc. acquired a new stake in Farmers & Merchants Bancorp, Inc. (OH) during the 4th quarter worth about $343,000. Geode Capital Management LLC lifted its holdings in shares of Farmers & Merchants Bancorp, Inc. (OH) by 6.2% during the 4th quarter. Geode Capital Management LLC now owns 87,938 shares of the financial services provider’s stock valued at $3,384,000 after buying an additional 5,111 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Farmers & Merchants Bancorp, Inc. (OH) by 11.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 23,490 shares of the financial services provider’s stock valued at $904,000 after buying an additional 2,451 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Farmers & Merchants Bancorp, Inc. (OH) during the 4th quarter valued at about $201,000. Hedge funds and other institutional investors own 15.50% of the company’s stock.

Shares of Farmers & Merchants Bancorp, Inc. (OH) stock traded down $0.31 during trading on Wednesday, hitting $30.72. 79 shares of the stock traded hands, compared to its average volume of 9,196. The firm has a market cap of $340.77 million, a price-to-earnings ratio of 18.29 and a beta of 0.15. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.98 and a quick ratio of 0.98. Farmers & Merchants Bancorp, Inc. has a twelve month low of $26.68 and a twelve month high of $49.99.

Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) last announced its quarterly earnings results on Friday, April 26th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.08). The firm had revenue of $15.47 million for the quarter, compared to analyst estimates of $15.90 million. Farmers & Merchants Bancorp, Inc. (OH) had a net margin of 23.20% and a return on equity of 10.16%. As a group, equities research analysts predict that Farmers & Merchants Bancorp, Inc. will post 1.72 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Saturday, April 20th. Stockholders of record on Tuesday, March 26th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, March 25th. This represents a $0.60 annualized dividend and a dividend yield of 1.95%. Farmers & Merchants Bancorp, Inc. (OH)’s dividend payout ratio is 35.71%.

Several equities research analysts have recently issued reports on FMAO shares. ValuEngine lowered Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “sell” rating in a report on Tuesday, January 15th. Zacks Investment Research upgraded Farmers & Merchants Bancorp, Inc. (OH) from a “sell” rating to a “hold” rating in a report on Thursday, March 21st. Finally, Boenning Scattergood reiterated a “hold” rating on shares of Farmers & Merchants Bancorp, Inc. (OH) in a report on Wednesday, February 20th.

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About Farmers & Merchants Bancorp, Inc. (OH)

Farmers & Merchants Bancorp, Inc operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking, retail banking, and other financial products and services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking accounts; savings and time deposits, including certificates of deposit; and custodial services for individual retirement accounts and health savings accounts.

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Institutional Ownership by Quarter for Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO)

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