Farmers National Banc Corp (NASDAQ:FMNB) Shifting Institutional Investors Sentiment

April 21, 2018 - By Maria Brooks

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 better, as 45 investment professionals increased and started new stock positions, while 23 reduced and sold equity positions in Farmers National Banc Corp. The investment professionals in our partner’s database now possess: 9.69 million shares, up from 9.53 million shares in 2017Q3. Also, the number of investment professionals holding Farmers National Banc Corp in their top 10 stock positions 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 purchases, 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. The stock of Farmers National Banc Corp. (NASDAQ:FMNB) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, April 19. The stock has “Hold” rating by Sandler O’Neill on Wednesday, April 18. The rating was downgraded by Keefe Bruyette & Woods on Friday, October 27 to “Hold”. The firm earned “Outperform” rating on Tuesday, March 27 by Raymond James. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. As per Tuesday, March 27, the company rating was maintained by Sandler O’Neill. As per Friday, October 27, the company rating was downgraded by Wood.

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

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