Federal Agricultural Mortgage Corporation (NYSE:AGM) insider Timothy L. Buzby sold 2,324 shares of the firm’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $72.82, for a total transaction of $169,233.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Friday, September 29th, Timothy L. Buzby sold 3,930 shares of Federal Agricultural Mortgage Corporation stock. The stock was sold at an average price of $72.96, for a total transaction of $286,732.80.
  • On Thursday, September 28th, Timothy L. Buzby sold 4,180 shares of Federal Agricultural Mortgage Corporation stock. The stock was sold at an average price of $74.85, for a total transaction of $312,873.00.
  • On Wednesday, September 27th, Timothy L. Buzby sold 2,450 shares of Federal Agricultural Mortgage Corporation stock. The shares were sold at an average price of $74.85, for a total transaction of $183,382.50.
  • On Friday, September 29th, Timothy L. Buzby sold 10,560 shares of Federal Agricultural Mortgage Corporation stock. The shares were sold at an average price of $74.15, for a total transaction of $783,024.00.

Shares of Federal Agricultural Mortgage Corporation (NYSE AGM) traded down 0.26% on Wednesday, hitting $73.37. 48,976 shares of the stock were exchanged. The company has a market cap of $778.02 million, a PE ratio of 10.11 and a beta of 1.18. The company has a 50-day moving average price of $67.76 and a 200 day moving average price of $63.65. Federal Agricultural Mortgage Corporation has a 12 month low of $39.09 and a 12 month high of $75.01.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend was Thursday, September 14th. Federal Agricultural Mortgage Corporation’s dividend payout ratio is presently 19.81%.

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A number of research analysts have recently issued reports on AGM shares. BidaskClub cut shares of Federal Agricultural Mortgage Corporation from a “hold” rating to a “sell” rating in a report on Friday, August 4th. TheStreet cut shares of Federal Agricultural Mortgage Corporation from a “b-” rating to a “c+” rating in a report on Friday, August 11th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating on shares of Federal Agricultural Mortgage Corporation in a report on Thursday, September 21st.

Several large investors have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio grew its position in shares of Federal Agricultural Mortgage Corporation by 8.6% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 13,944 shares of the credit services provider’s stock worth $902,000 after buying an additional 1,102 shares during the period. Sterling Capital Management LLC grew its position in shares of Federal Agricultural Mortgage Corporation by 7.8% in the 2nd quarter. Sterling Capital Management LLC now owns 21,465 shares of the credit services provider’s stock worth $1,389,000 after buying an additional 1,557 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of Federal Agricultural Mortgage Corporation by 5.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,170 shares of the credit services provider’s stock worth $464,000 after buying an additional 376 shares during the period. C M Bidwell & Associates Ltd. purchased a new stake in shares of Federal Agricultural Mortgage Corporation in the 2nd quarter worth about $222,000. Finally, State Street Corp grew its position in shares of Federal Agricultural Mortgage Corporation by 5.3% in the 2nd quarter. State Street Corp now owns 190,318 shares of the credit services provider’s stock worth $12,309,000 after buying an additional 9,640 shares during the period. 65.14% 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.

Insider Buying and Selling by Quarter for Federal Agricultural Mortgage Corporation (NYSE:AGM)

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