Federal Agricultural Mortgage Corp. (NYSE:AGM) CEO Timothy L. Buzby sold 1,319 shares of Federal Agricultural Mortgage Corp. stock in a transaction on Monday, September 19th. The shares were sold at an average price of $42.75, for a total value of $56,387.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Timothy L. Buzby also recently made the following trade(s):

  • On Monday, August 29th, Timothy L. Buzby sold 2,950 shares of Federal Agricultural Mortgage Corp. stock. The stock was sold at an average price of $40.75, for a total value of $120,212.50.

Shares of Federal Agricultural Mortgage Corp. (NYSE:AGM) traded up 1.25% on Wednesday, hitting $41.36. The company’s stock had a trading volume of 48,674 shares. The stock’s 50 day moving average price is $39.98 and its 200 day moving average price is $37.82. The stock has a market capitalization of $433.04 million, a P/E ratio of 9.97 and a beta of 0.89. Federal Agricultural Mortgage Corp. has a 52 week low of $24.95 and a 52 week high of $45.48.

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Federal Agricultural Mortgage Corp. (NYSE:AGM) last posted its quarterly earnings data on Tuesday, August 9th. The company reported $1.23 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.14 by $0.09. Federal Agricultural Mortgage Corp. had a net margin of 20.73% and a return on equity of 16.58%. On average, analysts forecast that Federal Agricultural Mortgage Corp. will post $4.75 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Tuesday, September 13th. This is a boost from Federal Agricultural Mortgage Corp.’s previous quarterly dividend of $0.16. This represents a $1.04 annualized dividend and a dividend yield of 2.51%. Federal Agricultural Mortgage Corp.’s dividend payout ratio is 25.00%.

Large investors have recently bought and sold shares of the company. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Federal Agricultural Mortgage Corp. during the second quarter valued at $129,000. BlackRock Group LTD raised its position in shares of Federal Agricultural Mortgage Corp. by 50.1% in the first quarter. BlackRock Group LTD now owns 4,533 shares of the company’s stock valued at $171,000 after buying an additional 1,513 shares in the last quarter. American International Group Inc. raised its position in shares of Federal Agricultural Mortgage Corp. by 147.7% in the second quarter. American International Group Inc. now owns 4,944 shares of the company’s stock valued at $172,000 after buying an additional 2,948 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new position in shares of Federal Agricultural Mortgage Corp. during the second quarter valued at about $187,000. Finally, Alliancebernstein L.P. bought a new position in shares of Federal Agricultural Mortgage Corp. during the second quarter valued at about $212,000. Institutional investors own 62.84% of the company’s stock.

About Federal Agricultural Mortgage Corp.

Federal Agricultural Mortgage Corporation (Farmer Mac) provides a secondary market for a range of loans made to borrowers in rural America. The Company operates through four segments: Farm & Ranch, the United States Department of Agriculture (USDA) Guarantees, Rural Utilities and Institutional Credit.

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