Farmers National Banc Corp. (NASDAQ:FMNB) Shares Bought by Rosenthal Henry Capital Advisors Inc.

Rosenthal Henry Capital Advisors Inc. raised its position in Farmers National Banc Corp. (NASDAQ:FMNB) by 2.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 142,661 shares of the bank’s stock after buying an additional 3,000 shares during the period. Farmers National Banc comprises about 2.2% of Rosenthal Henry Capital Advisors Inc.’s portfolio, making the stock its 19th largest holding. Rosenthal Henry Capital Advisors Inc. owned approximately 0.38% of Farmers National Banc worth $2,157,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Cubist Systematic Strategies LLC boosted its holdings in Farmers National Banc by 8.1% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 13,245 shares of the bank’s stock worth $165,000 after buying an additional 997 shares during the last quarter. Price T Rowe Associates Inc. MD purchased a new position in Farmers National Banc in the 1st quarter worth approximately $140,000. Inspire Investing LLC lifted its stake in Farmers National Banc by 6.0% in the 2nd quarter. Inspire Investing LLC now owns 28,564 shares of the bank’s stock worth $357,000 after purchasing an additional 1,625 shares in the last quarter. EntryPoint Capital LLC purchased a new position in Farmers National Banc in the 1st quarter worth approximately $73,000. Finally, Farmers Trust Co. lifted its stake in Farmers National Banc by 5.0% in the 3rd quarter. Farmers Trust Co. now owns 416,520 shares of the bank’s stock worth $6,298,000 after purchasing an additional 19,778 shares in the last quarter. 38.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $15.00 target price (up from $14.00) on shares of Farmers National Banc in a research note on Thursday, July 25th. StockNews.com raised shares of Farmers National Banc from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, Raymond James raised their target price on shares of Farmers National Banc from $16.00 to $18.00 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, Farmers National Banc currently has an average rating of “Hold” and a consensus target price of $15.67.

Farmers National Banc Trading Up 0.4 %

Shares of FMNB stock traded up $0.06 during trading on Friday, hitting $13.82. 57,995 shares of the stock traded hands, compared to its average volume of 94,089. The firm has a market capitalization of $519.36 million, a P/E ratio of 11.24 and a beta of 0.82. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.73 and a quick ratio of 0.73. The firm’s fifty day moving average price is $14.80 and its 200-day moving average price is $13.62. Farmers National Banc Corp. has a 52-week low of $11.40 and a 52-week high of $16.32.

Farmers National Banc (NASDAQ:FMNB) last released its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.23 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.12). The firm had revenue of $70.26 million for the quarter, compared to analysts’ expectations of $42.90 million. Farmers National Banc had a net margin of 17.26% and a return on equity of 12.22%. As a group, research analysts forecast that Farmers National Banc Corp. will post 1.24 earnings per share for the current fiscal year.

Farmers National Banc Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 4.92%. The ex-dividend date of this dividend was Friday, September 13th. Farmers National Banc’s payout ratio is 55.28%.

Insider Buying and Selling at Farmers National Banc

In other Farmers National Banc news, EVP Timothy F. Shaffer sold 1,799 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $15.00, for a total value of $26,985.00. Following the sale, the executive vice president now owns 35,282 shares of the company’s stock, valued at $529,230. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 4.00% of the stock is owned by corporate insiders.

Farmers National Banc Company Profile

Farmers National Banc Corp. operates as a bank holding company for The Farmers National Bank of Canfield engages in the banking, trust, retirement consulting, insurance, and financial management businesses. It offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, brokerage, and other services.