ValuEngine cut shares of Farmers National Banc (NASDAQ:FMNB) from a buy rating to a hold rating in a report published on Tuesday.

Several other equities research analysts have also issued reports on FMNB. Keefe, Bruyette & Woods restated a hold rating and set a $17.00 price target on shares of Farmers National Banc in a research note on Friday. BidaskClub lowered shares of Farmers National Banc from a hold rating to a sell rating in a research note on Thursday, December 7th. Finally, Zacks Investment Research lowered shares of Farmers National Banc from a hold rating to a sell rating in a research note on Monday, October 30th.

Shares of Farmers National Banc (FMNB) traded down $0.40 during mid-day trading on Tuesday, hitting $14.55. 29,791 shares of the stock traded hands, compared to its average volume of 47,438. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. Farmers National Banc has a 12 month low of $12.13 and a 12 month high of $15.95. The stock has a market cap of $411.78, a price-to-earnings ratio of 17.32 and a beta of 0.42.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 8th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.24 dividend on an annualized basis and a yield of 1.65%. Farmers National Banc’s dividend payout ratio is 28.57%.

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in Farmers National Banc by 2.8% in the 2nd quarter. Vanguard Group Inc. now owns 945,068 shares of the bank’s stock valued at $13,704,000 after buying an additional 25,377 shares in the last quarter. State Street Corp grew its stake in Farmers National Banc by 10.8% in the 2nd quarter. State Street Corp now owns 457,716 shares of the bank’s stock valued at $6,638,000 after buying an additional 44,733 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Farmers National Banc by 22.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 409,613 shares of the bank’s stock valued at $6,165,000 after buying an additional 75,463 shares in the last quarter. LSV Asset Management grew its stake in Farmers National Banc by 137.7% in the 2nd quarter. LSV Asset Management now owns 379,157 shares of the bank’s stock valued at $5,497,000 after buying an additional 219,631 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Farmers National Banc by 9.1% in the 2nd quarter. Northern Trust Corp now owns 276,716 shares of the bank’s stock valued at $4,013,000 after buying an additional 23,073 shares in the last quarter. Institutional investors and hedge funds own 34.49% of the company’s stock.

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Farmers National Banc Company Profile

Farmers National Banc Corp. is a one-bank holding company. The Company’s principal business consists of owning and supervising its subsidiaries. The Company operates through tree segments: the Bank, Trust and Retirement Consulting. The Company operates principally through its subsidiaries, The Farmers National Bank of Canfield (the Bank or Farmers Bank), Farmers Trust Company (Trust or Farmers Trust), National Associates, Inc (NAI) and Farmers National Captive, Inc (Captive).

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