Ancora Advisors buys $16.6 Million stake in Farmers National Banc Corp (FMNB)

Farmers National Banc Corp (FMNB) : Ancora Advisors scooped up 10,219 additional shares in Farmers National Banc Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 1,788,122 shares of Farmers National Banc Corp which is valued at $16.6 Million.Farmers National Banc Corp makes up approximately 2.04% of Ancora Advisors’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp boosted its stake in FMNB in the latest quarter, The investment management firm added 13,556 additional shares and now holds a total of 32,266 shares of Farmers National Banc Corp which is valued at $299,751.Blackrock Fund Advisors reduced its stake in FMNB by selling 2,127 shares or 3.26% in the most recent quarter. The Hedge Fund company now holds 63,095 shares of FMNB which is valued at $586,153.Investment Partners Ltd Oh Adv boosted its stake in FMNB in the latest quarter, The investment management firm added 10,758 additional shares and now holds a total of 111,418 shares of Farmers National Banc Corp which is valued at $1 Million. Farmers National Banc Corp makes up approx 0.66% of Investment Partners Ltd Oh Adv’s portfolio.Wedbush Securities Inc reduced its stake in FMNB by selling 1,000 shares or 7.27% in the most recent quarter. The Hedge Fund company now holds 12,750 shares of FMNB which is valued at $119,723. Farmers National Banc Corp makes up approx 0.02% of Wedbush Securities Inc’s portfolio.

Farmers National Banc Corp opened for trading at $9.18 and hit $9.3695 on the upside on Wednesday, eventually ending the session at $9.35, with a gain of 1.96% or 0.18 points. The heightened volatility saw the trading volume jump to 43,027 shares. Company has a market cap of $252 M.

Farmers National Banc Corp. (Farmers) is a one-bank holding company. The Company operates principally through its wholly owned subsidiaries The Farmers National Bank of Canfield (the Bank) Farmers Trust Company (Farmers Trust) and National Associates Inc. (NAI). It operates through three segments: the Bank segment the Trust segment and the Retirement consulting segment. Farmers and its subsidiaries operate in the domestic banking trust retirement consulting insurance and financial management industries. The Bank is engaged in commercial and retail banking. It operates approximately 33 branches in Mahoning Trumbull Columbiana Stark Wayne Medina and Cuyahoga Counties in Ohio. Farmers Trust offers a range of personal and corporate trust services in the areas of estate settlement trust administration and employee benefit plans. NAI provides services to 401(k) defined benefit profit sharing flexible spending 403(b) employee stock ownership plan (ESOP) and other plans.

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