Do Institutional Investors Love Farmers National Banc Corp (NASDAQ:FMNB)?

April 21, 2018 - By Hazel Jackson

Farmers National Banc Corp. (NASDAQ:FMNB) Logo

Sentiment for Farmers National Banc Corp (NASDAQ:FMNB)

Farmers National Banc Corp (NASDAQ:FMNB) institutional sentiment increased to 1.96 in 2017 Q4. Its up 0.62, from 1.34 in 2017Q3. The ratio is more positive, as 45 active investment managers increased and started new holdings, while 23 sold and decreased their holdings in Farmers National Banc Corp. The active investment managers in our partner’s database now possess: 9.69 million shares, up from 9.53 million shares in 2017Q3. Also, the number of active investment managers holding Farmers National Banc Corp in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 5 Reduced: 18 Increased: 35 New Position: 10.

Farmers National Banc Corp., through its subsidiaries, operates in the banking, trust, retirement consulting, insurance, and financial management industries. The company has market cap of $413.23 million. The firm 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; and night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, credit card, and brokerage and other services. It has a 18.23 P/E ratio. It also provides personal and corporate trust services in the areas of estate settlement, trust administration, and employee benefit plans; retirement services; and various insurance products through licensed representatives, as well as invests in municipal securities.

The stock increased 1.01% or $0.15 during the last trading session, reaching $14.95. About 27,271 shares traded. Farmers National Banc Corp. (NASDAQ:FMNB) has risen 5.30% since April 21, 2017 and is uptrending. It has underperformed by 6.25% the S&P500.

Macnealy Hoover Investment Management Inc holds 7.09% of its portfolio in Farmers National Banc Corp. for 665,117 shares. Elizabeth Park Capital Advisors Ltd. owns 436,791 shares or 2.08% of their US portfolio. Moreover, Investment Partners Ltd Oh Adv has 1.84% invested in the company for 168,084 shares. The Ohio-based Farmers Trust Co has invested 1.09% in the stock. Pacific Ridge Capital Partners Llc, a Oregon-based fund reported 237,958 shares.

Since January 1, 0001, it had 31 insider buys, and 0 sales for $138,261 activity.

Farmers National Banc Corp. (NASDAQ:FMNB) Ratings Coverage

Ratings analysis reveals 25% of Farmers National Banc’s analysts are positive. Out of 4 Wall Street analysts rating Farmers National Banc, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $1500 while the high is $1800. The stock’s average target of $16.75 is 12.04% above today’s ($14.95) share price. FMNB was included in 7 notes of analysts from October 27, 2017. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. As per Wednesday, April 18, the company rating was maintained by Sandler O’Neill. The stock of Farmers National Banc Corp. (NASDAQ:FMNB) has “Hold” rating given on Tuesday, March 27 by Sandler O’Neill. On Friday, October 27 the stock rating was downgraded by Keefe Bruyette & Woods to “Hold”. The rating was downgraded by Wood to “Market Perform” on Friday, October 27. Raymond James upgraded Farmers National Banc Corp. (NASDAQ:FMNB) on Tuesday, March 27 to “Outperform” rating. Keefe Bruyette & Woods maintained Farmers National Banc Corp. (NASDAQ:FMNB) rating on Thursday, April 19. Keefe Bruyette & Woods has “Hold” rating and $1800 target.

Farmers National Banc Corp. (NASDAQ:FMNB) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.