Quantamental Technologies LLC bought a new position in shares of Federal Agricultural Mortgage Corp. (NYSE:AGM) in the fourth quarter, Holdings Channel reports. The firm bought 798 shares of the credit services provider’s stock, valued at approximately $48,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Investors Asset Management of Georgia Inc. GA ADV raised its position in shares of Federal Agricultural Mortgage by 1.8% in the fourth quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 12,371 shares of the credit services provider’s stock valued at $748,000 after buying an additional 221 shares during the last quarter. James Investment Research Inc. raised its position in shares of Federal Agricultural Mortgage by 10.7% in the fourth quarter. James Investment Research Inc. now owns 6,570 shares of the credit services provider’s stock valued at $397,000 after buying an additional 635 shares during the last quarter. Weybosset Research & Management LLC raised its position in shares of Federal Agricultural Mortgage by 0.6% in the fourth quarter. Weybosset Research & Management LLC now owns 119,191 shares of the credit services provider’s stock valued at $7,204,000 after buying an additional 765 shares during the last quarter. Teachers Advisors LLC raised its position in shares of Federal Agricultural Mortgage by 0.5% in the third quarter. Teachers Advisors LLC now owns 165,574 shares of the credit services provider’s stock valued at $11,951,000 after buying an additional 884 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in shares of Federal Agricultural Mortgage by 100.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 2,654 shares of the credit services provider’s stock valued at $215,000 after buying an additional 1,327 shares during the last quarter. Institutional investors own 63.26% of the company’s stock.

In related news, EVP John Curtis Covington sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 28th. The shares were sold at an average price of $66.41, for a total value of $132,820.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.48% of the stock is currently owned by insiders.

NYSE:AGM opened at $69.55 on Tuesday. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 2.66. The company has a market capitalization of $751.13 million, a PE ratio of 9.32 and a beta of 1.16. Federal Agricultural Mortgage Corp. has a 1-year low of $55.64 and a 1-year high of $99.11.

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Federal Agricultural Mortgage Profile

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments on designated eligible mortgage loans.

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Want to see what other hedge funds are holding AGM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federal Agricultural Mortgage Corp. (NYSE:AGM).

Institutional Ownership by Quarter for Federal Agricultural Mortgage (NYSE:AGM)

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