Farmers National Banc Corp (NASDAQ:FMNB) has been given an average broker rating score of 3.00 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold rating.

Zacks has also assigned Farmers National Banc an industry rank of 5 out of 265 based on the ratings given to its competitors.

FMNB has been the subject of several recent analyst reports. ValuEngine cut shares of Farmers National Banc from a “buy” rating to a “hold” rating in a research note on Tuesday, December 26th. BidaskClub cut shares of Farmers National Banc from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th. Zacks Investment Research upgraded shares of Farmers National Banc from a “sell” rating to a “hold” rating in a research note on Wednesday, December 27th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $17.00 price objective on shares of Farmers National Banc in a research note on Friday, December 22nd.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Farmers National Banc by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 945,068 shares of the bank’s stock valued at $13,704,000 after acquiring an additional 25,377 shares in the last quarter. State Street Corp increased its holdings in Farmers National Banc by 10.8% during the 2nd quarter. State Street Corp now owns 457,716 shares of the bank’s stock valued at $6,638,000 after acquiring an additional 44,733 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Farmers National Banc by 22.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 409,613 shares of the bank’s stock valued at $6,165,000 after acquiring an additional 75,463 shares in the last quarter. Northern Trust Corp increased its holdings in Farmers National Banc by 9.1% during the 2nd quarter. Northern Trust Corp now owns 276,716 shares of the bank’s stock valued at $4,013,000 after acquiring an additional 23,073 shares in the last quarter. Finally, Farmers Trust Co. increased its holdings in Farmers National Banc by 3.8% during the 4th quarter. Farmers Trust Co. now owns 249,308 shares of the bank’s stock valued at $3,678,000 after acquiring an additional 9,049 shares in the last quarter. Hedge funds and other institutional investors own 34.40% of the company’s stock.

Shares of Farmers National Banc (NASDAQ FMNB) traded down $0.50 during midday trading on Wednesday, hitting $14.80. 2,884 shares of the company traded hands, compared to its average volume of 24,383. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. Farmers National Banc has a 12-month low of $12.13 and a 12-month high of $15.95. The firm has a market capitalization of $424.18, a PE ratio of 17.62 and a beta of 0.42.

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About Farmers National Banc

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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