Federal Agricultural Mortgage Corporation (NYSE:AGM) was downgraded by research analysts at TheStreet from a “b-” rating to a “c+” rating in a report released on Friday.

A number of other research analysts have also commented on AGM. Keefe, Bruyette & Woods set a $65.00 price objective on Federal Agricultural Mortgage Corporation and gave the company a “hold” rating in a report on Tuesday, May 16th. BidaskClub lowered Federal Agricultural Mortgage Corporation from a “hold” rating to a “sell” rating in a report on Friday, August 4th.

Federal Agricultural Mortgage Corporation (NYSE:AGM) traded up 0.58% during trading on Friday, reaching $67.68. The company had a trading volume of 57,541 shares. The company has a market capitalization of $717.68 million, a P/E ratio of 9.32 and a beta of 1.16. The stock has a 50 day moving average of $67.48 and a 200-day moving average of $61.27. Federal Agricultural Mortgage Corporation has a 12 month low of $37.84 and a 12 month high of $74.01.

Federal Agricultural Mortgage Corporation (NYSE:AGM) last issued its quarterly earnings data on Wednesday, August 9th. The credit services provider reported $1.48 EPS for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.12. The business had revenue of $43.48 million for the quarter. Federal Agricultural Mortgage Corporation had a return on equity of 15.01% and a net margin of 24.02%. Equities research analysts expect that Federal Agricultural Mortgage Corporation will post $5.85 EPS for the current fiscal year.

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In related news, CFO Robert Dale Lynch sold 4,392 shares of the firm’s 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sara Louise Faivre-Davis sold 399 shares of the firm’s stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $69.67, for a total value of $27,798.33. The disclosure for this sale can be found here. Insiders sold a total of 9,745 shares of company stock valued at $641,007 in the last quarter. Corporate insiders own 3.75% of the company’s stock.

A number of institutional investors have recently modified their holdings of AGM. Eqis Capital Management Inc. increased its position in shares of Federal Agricultural Mortgage Corporation by 0.7% in the second quarter. Eqis Capital Management Inc. now owns 6,679 shares of the credit services provider’s stock valued at $432,000 after buying an additional 45 shares during the last quarter. American International Group Inc. boosted its stake in Federal Agricultural Mortgage Corporation by 7.1% in the first quarter. American International Group Inc. now owns 5,287 shares of the credit services provider’s stock valued at $304,000 after buying an additional 350 shares during the period. Algert Global LLC boosted its stake in Federal Agricultural Mortgage Corporation by 3.0% in the first quarter. Algert Global LLC now owns 12,520 shares of the credit services provider’s stock valued at $721,000 after buying an additional 360 shares during the period. The Manufacturers Life Insurance Company boosted its stake in Federal Agricultural Mortgage Corporation by 5.5% in the second quarter. The Manufacturers Life Insurance Company now owns 7,170 shares of the credit services provider’s stock valued at $464,000 after buying an additional 376 shares during the period. Finally, Voya Investment Management LLC boosted its stake in Federal Agricultural Mortgage Corporation by 8.2% in the second quarter. Voya Investment Management LLC now owns 5,449 shares of the credit services provider’s stock valued at $353,000 after buying an additional 413 shares during the period. Hedge funds and other institutional investors own 64.11% of the company’s stock.

About Federal Agricultural Mortgage Corporation

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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