Todd A. Graham Sells 2,800 Shares of Farmers & Merchants Bancorp Inc. (FMAO) Stock

Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) insider Todd A. Graham sold 2,800 shares of the company’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $36.94, for a total transaction of $103,432.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Farmers & Merchants Bancorp Inc. (NASDAQ FMAO) traded down $0.73 during trading hours on Thursday, reaching $37.63. 7,500 shares of the company traded hands, compared to its average volume of 21,145. Farmers & Merchants Bancorp Inc. has a 52-week low of $16.50 and a 52-week high of $43.90. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market capitalization of $355.47, a price-to-earnings ratio of 28.42 and a beta of 0.06.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last posted its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. Farmers & Merchants Bancorp had a net margin of 24.46% and a return on equity of 9.65%. The firm had revenue of $11.84 million during the quarter, compared to analyst estimates of $11.85 million. equities research analysts expect that Farmers & Merchants Bancorp Inc. will post 1.35 earnings per share for the current fiscal year.

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A number of large investors have recently bought and sold shares of FMAO. California State Teachers Retirement System grew its stake in shares of Farmers & Merchants Bancorp by 84.8% during the third quarter. California State Teachers Retirement System now owns 14,600 shares of the financial services provider’s stock valued at $532,000 after purchasing an additional 6,700 shares during the last quarter. Schwab Charles Investment Management Inc. grew its stake in shares of Farmers & Merchants Bancorp by 100.0% during the third quarter. Schwab Charles Investment Management Inc. now owns 15,200 shares of the financial services provider’s stock valued at $555,000 after purchasing an additional 7,600 shares during the last quarter. American International Group Inc. grew its stake in shares of Farmers & Merchants Bancorp by 279.2% during the third quarter. American International Group Inc. now owns 10,433 shares of the financial services provider’s stock valued at $380,000 after purchasing an additional 7,682 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Farmers & Merchants Bancorp by 161.4% during the third quarter. Bank of New York Mellon Corp now owns 33,334 shares of the financial services provider’s stock valued at $1,215,000 after purchasing an additional 20,580 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Farmers & Merchants Bancorp by 104.2% during the third quarter. Rhumbline Advisers now owns 9,758 shares of the financial services provider’s stock valued at $356,000 after purchasing an additional 4,979 shares during the last quarter. 5.36% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have weighed in on FMAO shares. Zacks Investment Research raised shares of Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating and set a $34.50 target price for the company in a research report on Tuesday, August 29th. ValuEngine raised shares of Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, September 22nd. Finally, Boenning Scattergood reaffirmed a “hold” rating on shares of Farmers & Merchants Bancorp in a research report on Thursday, October 19th.

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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