Washington Trust Bank Has Boosted Medtronic Plc (MDT) Holding By $345,680; Farmers & Merchants Bancorp (FMAO) Has 1.13 Sentiment

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) Logo

Washington Trust Bank increased Medtronic Plc (MDT) stake by 5.21% reported in 2018Q1 SEC filing. Washington Trust Bank acquired 4,321 shares as Medtronic Plc (MDT)’s stock rose 4.71%. The Washington Trust Bank holds 87,229 shares with $7.00 million value, up from 82,908 last quarter. Medtronic Plc now has $116.25 billion valuation. The stock decreased 0.98% or $0.85 during the last trading session, reaching $85.84. About 3.74 million shares traded. Medtronic plc (NYSE:MDT) has risen 0.84% since June 14, 2017 and is uptrending. It has underperformed by 11.73% the S&P500. Some Historical MDT News: ; 18/05/2018 – FDA: MEDTRONIC RECALLS 529 MINDFRAME CAPTURE LP DEVICES; 11/04/2018 – Medtronic Presenting at Conference Apr 11; 24/05/2018 – Medtronic 4Q Diabetes Rev $645M, Up 26%; 24/05/2018 – Medtronic 4Q Restorative Therapies Rev $2.13B, Up 9%; 23/04/2018 – ARCA biopharma and Medtronic Extend Gencaro Clinical Trial Collaboration Agreement; 09/04/2018 – CMA CONSIDERING PURCHASE BY MEDTRONIC OF SOME ASSETS OF ANIMAS; 11/04/2018 – Pioneer Funds – Global Select Exits Medtronic; 17/04/2018 – MEDTRONIC – ANNOUNCES U.S. LAUNCH OF OPTISPHERE EMBOLIZATION SPHERES, A RESORBABLE EMBOLIC PLATFORM DESIGNED FOR EMBOLIZATION OF HYPERVASCULAR TUMORS; 12/03/2018 – Medtronic: Guardian Connect System Will Be Available in First Quarter of Company’s Fiscal Year 2019 (May-July 2018); 09/03/2018 – REG-Medtronic Announces Cash Dividend for Fourth Quarter of Fiscal Year 2018

Farmers & Merchants Bancorp Inc (FMAO) investors sentiment decreased to 1.13 in 2018 Q1. It’s down -0.58, from 1.71 in 2017Q4. The ratio fall, as 18 active investment managers increased or opened new positions, while 16 sold and reduced holdings in Farmers & Merchants Bancorp Inc. The active investment managers in our database reported: 1.32 million shares, up from 1.31 million shares in 2017Q4. Also, the number of active investment managers holding Farmers & Merchants Bancorp Inc in top ten positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 9 Increased: 11 New Position: 7.

Farmers & Merchants Bancorp, Inc. operates as a bank holding firm for The Farmers & Merchants State Bank that provides commercial banking, retail banking, and other financial services to individuals and small businesses in Northwest Ohio and Northeast Indiana. The company has market cap of $382.59 million. The firm offers checking accounts; savings and time deposits, including certificates of deposits; and custody services for individual retirement accounts and health savings accounts. It has a 28.01 P/E ratio. It also provides commercial, agricultural, and residential mortgage, as well as consumer and credit card lending services; loans for farm land, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvements loans; and loans for autos, trucks, recreational vehicles, and motorcycles.

Koshinski Asset Management Inc. holds 0.3% of its portfolio in Farmers & Merchants Bancorp, Inc. for 23,613 shares. Trust Co Of Toledo Na Oh owns 6,060 shares or 0.06% of their US portfolio. Moreover, American International Group Inc has 0% invested in the company for 5,668 shares. The Nebraska-based Ameritas Investment Partners Inc. has invested 0% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 2,211 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $84,420 activity.

Analysts await Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) to report earnings on July, 18. They expect $0.39 earnings per share, up 11.43% or $0.04 from last year’s $0.35 per share. FMAO’s profit will be $3.61 million for 26.47 P/E if the $0.39 EPS becomes a reality. After $0.41 actual earnings per share reported by Farmers & Merchants Bancorp, Inc. for the previous quarter, Wall Street now forecasts -4.88% negative EPS growth.

The stock decreased 0.53% or $0.22 during the last trading session, reaching $41.29. About 3,745 shares traded. Farmers & Merchants Bancorp, Inc. (FMAO) has risen 44.77% since June 14, 2017 and is uptrending. It has outperformed by 32.20% the S&P500. Some Historical FMAO News: ; 16/03/2018 – Farmers & Merchants Bancorp, Inc. Declares 2018 First-Quarter Cash Dividend; 26/04/2018 – Sen. Heitkamp: Heitkamp, Collins Introduce Bipartisan Bill to Support Young & Beginning Farmers and Ranchers; 19/04/2018 – Farmers & Merchants Bncp 1Q EPS 41c; 20/03/2018 – Sen. Heitkamp: Heitkamp: Change in Biofuel Policy Could Sink Ethanol & Corn Prices, Hurting ND Farmers and Renewable Energy; 05/04/2018 – Sen. Kaine: Warner & Kaine Statement On Threat President Trump’s Trade War Would pose To Virginia Farmers & Families; 10/04/2018 – /Disregard Release: TAFE – Tractors and Farm Equipment Limited: TAFE’s ‘Be a #FarmDost’ Wins Several Awards for Highlighting the Importance of Farmers and the Farming Profession/; 23/04/2018 – Sen. Heitkamp: Heitkamp Helps Introduce Bipartisan Bill to Help Farmers and Ranchers in Crisis; 14/03/2018 – EPA: Administrator Pruitt Addresses Over 300 Farmers and State Agriculture Leaders from Across the Country; 26/03/2018 – FARMERS & MERCHANTS BANCORP TO ACQUIRE BANK OF RIO VISTA; 26/04/2018 – Sen. Collins: Collins, Heitkamp Introduce Bipartisan Bill to Support Young & Beginning Farmers and Ranchers

Investors sentiment increased to 1.08 in Q1 2018. Its up 0.06, from 1.02 in 2017Q4. It improved, as 80 investors sold MDT shares while 383 reduced holdings. 88 funds opened positions while 414 raised stakes. 1.04 billion shares or 0.00% more from 1.04 billion shares in 2017Q4 were reported. Fulton Natl Bank Na has 19,861 shares for 0.11% of their portfolio. United Fire Group Incorporated has 0.72% invested in Medtronic plc (NYSE:MDT) for 25,000 shares. Mariner Ltd Limited Liability Company reported 60,618 shares. Kepos Capital Ltd Partnership reported 63,856 shares or 0.3% of all its holdings. Montag A And Associate Inc reported 8,150 shares stake. Lipe Dalton holds 0.89% in Medtronic plc (NYSE:MDT) or 15,504 shares. Gulf Int Bank & Trust (Uk) Ltd stated it has 0.45% in Medtronic plc (NYSE:MDT). Pinebridge Invs Ltd Partnership reported 350,147 shares stake. Jones Collombin Invest Counsel stated it has 0% of its portfolio in Medtronic plc (NYSE:MDT). Greystone Managed holds 104,925 shares. Sawgrass Asset Management Llc holds 25,976 shares. Wallington Asset Mngmt Limited Liability Corp holds 2.94% or 138,224 shares in its portfolio. Sun Life Financial reported 0% stake. Gemmer Asset Mngmt Lc invested 0.01% of its portfolio in Medtronic plc (NYSE:MDT). Clearbridge Investments Limited invested in 7.45M shares or 0.56% of the stock.

Among 30 analysts covering Medtronic (NYSE:MDT), 19 have Buy rating, 0 Sell and 11 Hold. Therefore 63% are positive. Medtronic has $102 highest and $80.0 lowest target. $90.85’s average target is 5.84% above currents $85.84 stock price. Medtronic had 89 analyst reports since August 10, 2015 according to SRatingsIntel. The company was maintained on Wednesday, April 19 by RBC Capital Markets. The company was maintained on Tuesday, August 22 by BMO Capital Markets. Cowen & Co maintained the stock with “Buy” rating in Wednesday, September 27 report. Bank of America downgraded the stock to “Neutral” rating in Tuesday, January 3 report. The rating was upgraded by Argus Research on Tuesday, December 12 to “Buy”. The stock of Medtronic plc (NYSE:MDT) has “Neutral” rating given on Wednesday, June 1 by BTIG Research. The rating was maintained by Jefferies with “Buy” on Tuesday, June 27. The firm earned “Equal-Weight” rating on Monday, February 5 by Morgan Stanley. As per Friday, May 26, the company rating was maintained by Oppenheimer. The stock has “Hold” rating by Stifel Nicolaus on Thursday, May 25.

Washington Trust Bank decreased Nextera Energy Inc (NYSE:NEE) stake by 2,641 shares to 30,342 valued at $4.96M in 2018Q1. It also reduced Ecolab Inc (NYSE:ECL) stake by 2,880 shares and now owns 1,294 shares. Select Sector Spdr (XLE) was reduced too.

More notable recent Medtronic plc (NYSE:MDT) news were published by: Globenewswire.com which released: “Medtronic Launches New Clinician Programmer for Deep Brain Stimulation Therapy” on June 13, 2018, also Fool.com with their article: “DexCom Stock History” published on June 13, 2018, Seekingalpha.com published: “Medtronic plc 2018 Q4 – Results – Earnings Call Slides” on May 24, 2018. More interesting news about Medtronic plc (NYSE:MDT) were released by: Globenewswire.com and their article: “Medtronic to Participate in Goldman Sachs Global Healthcare Conference” published on May 29, 2018 as well as Seekingalpha.com‘s news article titled: “Medtronic slips 1% after Analyst Day” with publication date: June 05, 2018.

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) Institutional Positions Chart