Federal Agricultural Mortgage Corporation (NYSE:AGM) CFO Robert Dale Lynch sold 4,280 shares of Federal Agricultural Mortgage Corporation stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $71.38, for a total value of $305,506.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Federal Agricultural Mortgage Corporation (NYSE AGM) traded up $2.05 during trading on Tuesday, reaching $69.82. 56,600 shares of the company’s stock were exchanged, compared to its average volume of 55,797. The company has a market capitalization of $751.91, a P/E ratio of 11.68 and a beta of 1.25. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.36 and a quick ratio of 0.36. Federal Agricultural Mortgage Corporation has a fifty-two week low of $48.19 and a fifty-two week high of $77.78.

Federal Agricultural Mortgage Corporation (NYSE:AGM) last announced its earnings results on Thursday, November 9th. The credit services provider reported $1.57 EPS for the quarter, topping the Zacks’ consensus estimate of $1.46 by $0.11. The business had revenue of $43.86 million during the quarter. Federal Agricultural Mortgage Corporation had a net margin of 23.05% and a return on equity of 14.81%.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a $0.36 dividend. The ex-dividend date is Thursday, December 14th. This represents a $1.44 dividend on an annualized basis and a yield of 2.06%. Federal Agricultural Mortgage Corporation’s dividend payout ratio is presently 19.38%.

TRADEMARK VIOLATION WARNING: “Insider Selling: Federal Agricultural Mortgage Corporation (AGM) CFO Sells 4,280 Shares of Stock” was posted by American Banking News and is owned by of American Banking News. If you are reading this news story on another website, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright law. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/11/14/insider-selling-federal-agricultural-mortgage-corporation-agm-cfo-sells-4280-shares-of-stock.html.

Several research firms recently weighed in on AGM. Keefe, Bruyette & Woods restated a “hold” rating on shares of Federal Agricultural Mortgage Corporation in a report on Thursday, September 21st. TheStreet downgraded Federal Agricultural Mortgage Corporation from a “b-” rating to a “c+” rating in a report on Friday, August 11th. Finally, BidaskClub downgraded Federal Agricultural Mortgage Corporation from a “hold” rating to a “sell” rating in a report on Friday, August 4th.

A number of institutional investors have recently made changes to their positions in the business. Eqis Capital Management Inc. raised its holdings in 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 worth $432,000 after purchasing an additional 45 shares in the last quarter. American International Group Inc. raised its holdings 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 worth $304,000 after purchasing an additional 350 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings 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 worth $464,000 after purchasing an additional 376 shares in the last quarter. Voya Investment Management LLC raised its holdings 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 worth $353,000 after purchasing an additional 413 shares in the last quarter. Finally, Teachers Advisors LLC raised its holdings in Federal Agricultural Mortgage Corporation by 1.6% in the first quarter. Teachers Advisors LLC now owns 28,365 shares of the credit services provider’s stock worth $1,633,000 after purchasing an additional 444 shares in the last quarter. Institutional investors and hedge funds own 65.53% 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.

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

Receive News & Ratings for Federal Agricultural Mortgage Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Agricultural Mortgage Corporation and related companies with MarketBeat.com's FREE daily email newsletter.