BNP Paribas Arbitrage SA Has $56,000 Position in Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO)

BNP Paribas Arbitrage SA lifted its position in shares of Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) by 46,375.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,859 shares of the financial services provider’s stock after buying an additional 1,855 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Farmers & Merchants Bancorp, Inc. (OH) were worth $56,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. F3Logic LLC grew its holdings in Farmers & Merchants Bancorp, Inc. (OH) by 600.1% during the 4th quarter. F3Logic LLC now owns 85,576 shares of the financial services provider’s stock valued at $3,293,000 after purchasing an additional 73,353 shares in the last quarter. American Century Companies Inc. acquired a new stake in Farmers & Merchants Bancorp, Inc. (OH) during the 4th quarter valued at $343,000. Renaissance Technologies LLC acquired a new stake in Farmers & Merchants Bancorp, Inc. (OH) during the 3rd quarter valued at $247,000. Jane Street Group LLC acquired a new stake in Farmers & Merchants Bancorp, Inc. (OH) during the 4th quarter valued at $201,000. Finally, Geode Capital Management LLC grew its holdings in 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 purchasing an additional 5,111 shares in the last quarter. Hedge funds and other institutional investors own 15.82% of the company’s stock.

NASDAQ FMAO traded up $0.68 during trading hours on Friday, reaching $29.12. 426,558 shares of the company traded hands, compared to its average volume of 11,800. Farmers & Merchants Bancorp, Inc. has a 12 month low of $26.68 and a 12 month high of $48.60. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $323.44 million, a PE ratio of 17.33 and a beta of 0.24. The stock has a 50 day simple moving average of $29.47.

Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) last posted its quarterly earnings data on Friday, April 26th. The financial services provider reported $0.38 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.08). Farmers & Merchants Bancorp, Inc. (OH) had a net margin of 23.20% and a return on equity of 10.16%. The company had revenue of $15.47 million for the quarter, compared to the consensus estimate of $15.90 million. Analysts forecast that Farmers & Merchants Bancorp, Inc. will post 1.72 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Saturday, July 20th. Stockholders of record on Monday, June 17th will be given a $0.15 dividend. The ex-dividend date is Friday, June 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.06%. Farmers & Merchants Bancorp, Inc. (OH)’s payout ratio is currently 35.71%.

A number of equities research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “sell” rating in a report on Tuesday, April 9th. Boenning Scattergood reaffirmed a “neutral” rating on shares of Farmers & Merchants Bancorp, Inc. (OH) in a report on Monday, May 6th. Finally, ValuEngine lowered shares of Farmers & Merchants Bancorp, Inc. (OH) from a “sell” rating to a “strong sell” rating in a report on Thursday, March 14th.

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.

Further Reading: Green Investing

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

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