Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) CEO Paul S. Siebenmorgen sold 4,000 shares of the firm’s stock in a transaction dated Friday, September 21st. The shares were sold at an average price of $42.13, for a total transaction of $168,520.00. Following the completion of the sale, the chief executive officer now owns 51,440 shares of the company’s stock, valued at approximately $2,167,167.20. The transaction was disclosed in a document filed with the SEC, which is available at this link.

FMAO opened at $42.40 on Tuesday. 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 capitalization of $397.89 million, a price-to-earnings ratio of 30.72 and a beta of 0.06. Farmers & Merchants Bancorp, Inc. has a 1-year low of $34.36 and a 1-year high of $49.99.

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

The firm also recently declared a quarterly dividend, which will be paid on Saturday, October 20th. Stockholders of record on Tuesday, October 2nd will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.32%. The ex-dividend date is Monday, October 1st. Farmers & Merchants Bancorp, Inc. (OH)’s dividend payout ratio is 40.58%.

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

Several equities research analysts have weighed in on the stock. ValuEngine upgraded shares of Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “buy” rating in a research report on Friday, June 22nd. Boenning Scattergood restated a “hold” rating on shares of Farmers & Merchants Bancorp, Inc. (OH) in a research report on Thursday, July 19th. Finally, Zacks Investment Research upgraded shares of Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a research report on Monday, July 23rd.

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.

Featured Article: What is a Leveraged Buyout (LBO)?

Receive News & Ratings for Farmers & Merchants Bancorp Inc. (OH) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers & Merchants Bancorp Inc. (OH) and related companies with MarketBeat.com's FREE daily email newsletter.