Farmers & Merchants Bancorp, Inc. (OH) (FMAO) CEO Paul S. Siebenmorgen Sells 6,363 Shares

Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) CEO Paul S. Siebenmorgen sold 6,363 shares of the firm’s stock in a transaction on Monday, September 24th. The stock was sold at an average price of $42.11, for a total value of $267,945.93. Following the completion of the sale, the chief executive officer now directly owns 51,440 shares of the company’s stock, valued at approximately $2,166,138.40. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Shares of FMAO opened at $42.65 on Wednesday. Farmers & Merchants Bancorp, Inc. has a one year low of $34.46 and a one year high of $49.99. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.21. The stock has a market cap of $397.89 million, a price-to-earnings ratio of 30.91 and a beta of 0.06.

Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) last issued its quarterly earnings results on Wednesday, July 18th. The financial services provider reported $0.44 EPS for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.05. Farmers & Merchants Bancorp, Inc. (OH) had a return on equity of 10.78% and a net margin of 26.50%. The company had revenue of $12.82 million during the quarter, compared to analysts’ expectations of $12.52 million. equities research analysts expect that Farmers & Merchants Bancorp, Inc. will post 1.65 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Saturday, October 20th. Shareholders of record on Tuesday, October 2nd will be given a dividend of $0.14 per share. The ex-dividend date is Monday, October 1st. This represents a $0.56 dividend on an annualized basis and a yield of 1.31%. Farmers & Merchants Bancorp, Inc. (OH)’s dividend payout ratio is currently 40.58%.

A number of analysts have recently weighed in on the company. ValuEngine raised Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “buy” rating in a research report on Friday, June 22nd. Boenning Scattergood reissued a “hold” rating on shares of Farmers & Merchants Bancorp, Inc. (OH) in a research report on Friday, August 24th. Finally, Zacks Investment Research raised Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “buy” rating and set a $53.00 price target for the company in a research report on Monday, July 23rd.

Institutional investors and hedge funds have recently modified their holdings of the business. SG Americas Securities LLC acquired a new position in shares of Farmers & Merchants Bancorp, Inc. (OH) in the 2nd quarter valued at about $111,000. PNC Financial Services Group Inc. acquired a new position in shares of Farmers & Merchants Bancorp, Inc. (OH) in the 2nd quarter valued at about $290,000. California Public Employees Retirement System acquired a new position in shares of Farmers & Merchants Bancorp, Inc. (OH) in the 1st quarter valued at about $320,000. Dimensional Fund Advisors LP lifted its holdings in shares of Farmers & Merchants Bancorp, Inc. (OH) by 66.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 10,672 shares of the financial services provider’s stock valued at $431,000 after buying an additional 4,244 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of Farmers & Merchants Bancorp, Inc. (OH) by 11.2% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 19,841 shares of the financial services provider’s stock valued at $801,000 after buying an additional 2,000 shares during the period. 15.66% of the stock is owned by institutional investors.

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 deposits; and custodial services for individual retirement accounts and health savings accounts.

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