Ancora Advisors Lowers stake in Farmers National Banc Corp (FMNB)

Farmers National Banc Corp (FMNB) : Ancora Advisors reduced its stake in Farmers National Banc Corp by 35.8% during the most recent quarter end. The investment management company now holds a total of 1,147,908 shares of Farmers National Banc Corp which is valued at $10,939,563 after selling 640,214 shares in Farmers National Banc Corp , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Farmers National Banc Corp makes up approximately 1.23% of Ancora Advisors’s portfolio.

Other Hedge Funds, Including , Rhumbline Advisers added FMNB to its portfolio by purchasing 14,167 company shares during the most recent quarter which is valued at $135,012.Dimensional Fund Advisors Lp boosted its stake in FMNB in the latest quarter, The investment management firm added 31,660 additional shares and now holds a total of 63,926 shares of Farmers National Banc Corp which is valued at $606,018.Farmers Trust Co reduced its stake in FMNB by selling 7,075 shares or 2.76% in the most recent quarter. The Hedge Fund company now holds 248,870 shares of FMNB which is valued at $2,384,175. Farmers National Banc Corp makes up approx 0.75% of Farmers Trust Co’s portfolio.

Farmers National Banc Corp closed down -0.03 points or -0.32% at $9.49 with 26,172 shares getting traded on Tuesday. Post opening the session at $9.5, the shares hit an intraday low of $9.46 and an intraday high of $9.59 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

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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