Federal Agricultural Mortgage Corporation (NYSE:AGM) Director James R. Engebretsen sold 4,000 shares of the stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of $68.88, for a total value of $275,520.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

James R. Engebretsen also recently made the following trade(s):

  • On Friday, August 18th, James R. Engebretsen sold 400 shares of Federal Agricultural Mortgage Corporation stock. The shares were sold at an average price of $65.64, for a total value of $26,256.00.
  • On Wednesday, August 16th, James R. Engebretsen sold 600 shares of Federal Agricultural Mortgage Corporation stock. The shares were sold at an average price of $66.70, for a total value of $40,020.00.

Federal Agricultural Mortgage Corporation (NYSE AGM) opened at 70.43 on Friday. Federal Agricultural Mortgage Corporation has a 52-week low of $39.09 and a 52-week high of $74.01. The company has a 50 day moving average price of $66.35 and a 200-day moving average price of $62.75. The firm has a market cap of $746.84 million, a price-to-earnings ratio of 9.70 and a beta of 1.18.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be paid a dividend of $0.36 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.04%. Federal Agricultural Mortgage Corporation’s dividend payout ratio (DPR) is presently 19.81%.

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Institutional investors have recently made changes to their positions in the stock. Globeflex Capital L P acquired a new stake in shares of Federal Agricultural Mortgage Corporation during the first quarter worth $114,000. C M Bidwell & Associates Ltd. acquired a new stake in shares of Federal Agricultural Mortgage Corporation during the second quarter worth $222,000. Citadel Advisors LLC acquired a new stake in shares of Federal Agricultural Mortgage Corporation during the first quarter worth $250,000. Karp Capital Management Corp acquired a new stake in shares of Federal Agricultural Mortgage Corporation during the first quarter worth $269,000. Finally, Virtu KCG Holdings LLC acquired a new stake in shares of Federal Agricultural Mortgage Corporation during the second quarter worth $275,000. 65.14% of the stock is owned by institutional investors and hedge funds.

AGM has been the subject of a number of recent analyst reports. BidaskClub lowered Federal Agricultural Mortgage Corporation from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. TheStreet lowered Federal Agricultural Mortgage Corporation from a “b-” rating to a “c+” rating in a research report on Friday, August 11th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating on shares of Federal Agricultural Mortgage Corporation in a research report on Thursday.

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)

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