Federal Agricultural Mortgage Corporation (NYSE:AGM) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Friday.

Several other research analysts also recently commented on AGM. TheStreet raised shares of Federal Agricultural Mortgage Corporation from a “c” rating to a “b-” rating in a research note on Wednesday, May 17th. Keefe, Bruyette & Woods set a $65.00 price target on shares of Federal Agricultural Mortgage Corporation and gave the stock a “hold” rating in a research note on Tuesday, May 16th.

Shares of Federal Agricultural Mortgage Corporation (NYSE:AGM) traded up 0.28% during trading on Friday, hitting $67.90. 53,089 shares of the stock traded hands. The company has a market cap of $615.58 million, a P/E ratio of 10.04 and a beta of 1.16. Federal Agricultural Mortgage Corporation has a 1-year low of $37.75 and a 1-year high of $71.38. The stock has a 50-day moving average of $67.25 and a 200 day moving average of $60.57.

Federal Agricultural Mortgage Corporation (NYSE:AGM) last announced its earnings results on Wednesday, May 10th. The credit services provider reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.16. Federal Agricultural Mortgage Corporation had a net margin of 24.15% and a return on equity of 15.17%. The business had revenue of $43.87 million during the quarter. On average, equities research analysts predict that Federal Agricultural Mortgage Corporation will post $5.63 EPS for the current fiscal year.

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In other Federal Agricultural Mortgage Corporation news, insider Gregory Ramsey sold 799 shares of Federal Agricultural Mortgage Corporation stock in a transaction that occurred on Thursday, May 18th. The shares were sold at an average price of $60.82, for a total transaction of $48,595.18. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Robert Dale Lynch sold 4,392 shares of Federal Agricultural Mortgage Corporation stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $70.00, for a total transaction of $307,440.00. The disclosure for this sale can be found here. Insiders have sold 9,745 shares of company stock worth $641,007 over the last three months. Insiders own 3.75% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Globeflex Capital L P acquired a new position in Federal Agricultural Mortgage Corporation during the first quarter valued at approximately $114,000. Citadel Advisors LLC acquired a new position in Federal Agricultural Mortgage Corporation during the first quarter valued at approximately $250,000. Karp Capital Management Corp acquired a new position in Federal Agricultural Mortgage Corporation during the first quarter valued at approximately $269,000. Dynamic Technology Lab Private Ltd acquired a new position in Federal Agricultural Mortgage Corporation during the first quarter valued at approximately $299,000. Finally, Stifel Financial Corp acquired a new position in Federal Agricultural Mortgage Corporation during the first quarter valued at approximately $300,000. 63.43% of the stock is currently owned by hedge funds and other institutional investors.

Federal Agricultural Mortgage Corporation Company Profile

Federal Agricultural Mortgage Corporation (Farmer Mac) provides a secondary market for a range of loans made to borrowers in rural America. The Company’s segments include Farm & Ranch, USDA Guarantees, Rural Utilities, Institutional Credit and Corporate. Its secondary market activities are purchasing eligible loans directly from lenders; providing advances against eligible loans by purchasing obligations secured by those loans; securitizing assets and guaranteeing the payment of principal and interest on the resulting securities that represent interests in, or obligations secured by, pools of eligible loans; and issuing long-term standby purchase commitments (LTSPCs) for eligible loans.

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