Federal Agricultural Mortgage Corp. (NYSE:AGM) SVP Stephen P. Mullery sold 1,840 shares of the business’s stock in a transaction that occurred on Friday, September 16th. The shares were sold at an average price of $41.34, for a total transaction of $76,065.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Stephen P. Mullery also recently made the following trade(s):

  • On Friday, August 12th, Stephen P. Mullery sold 1,090 shares of Federal Agricultural Mortgage Corp. stock. The shares were sold at an average price of $39.13, for a total transaction of $42,651.70.

Federal Agricultural Mortgage Corp. (NYSE:AGM) opened at 41.36 on Thursday. The company’s 50-day moving average is $39.98 and its 200 day moving average is $37.82. The firm has a market cap of $433.04 million, a price-to-earnings ratio of 9.97 and a beta of 0.89. Federal Agricultural Mortgage Corp. has a 12 month low of $24.95 and a 12 month high of $45.48.

Federal Agricultural Mortgage Corp. (NYSE:AGM) last announced its earnings results on Tuesday, August 9th. The company reported $1.23 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.14 by $0.09. Federal Agricultural Mortgage Corp. had a net margin of 20.73% and a return on equity of 16.58%. On average, equities research analysts predict that Federal Agricultural Mortgage Corp. will post $4.75 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 15th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend is Tuesday, September 13th. This is a positive change from Federal Agricultural Mortgage Corp.’s previous quarterly dividend of $0.16. Federal Agricultural Mortgage Corp.’s dividend payout ratio is currently 25.00%.

Institutional investors have recently made changes to their positions in the stock. Adams Diversified Equity Fund Inc. bought a new position in shares of Federal Agricultural Mortgage Corp. during the second quarter worth about $359,000. Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of Federal Agricultural Mortgage Corp. during the second quarter worth about $129,000. First Republic Investment Management Inc. raised its position in shares of Federal Agricultural Mortgage Corp. by 0.7% in the first quarter. First Republic Investment Management Inc. now owns 8,645 shares of the company’s stock worth $326,000 after buying an additional 59 shares in the last quarter. Royal Bank of Canada raised its position in shares of Federal Agricultural Mortgage Corp. by 3.7% in the first quarter. Royal Bank of Canada now owns 106,227 shares of the company’s stock worth $4,008,000 after buying an additional 3,831 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new position in shares of Federal Agricultural Mortgage Corp. during the first quarter worth about $2,369,000. Hedge funds and other institutional investors own 62.84% of the company’s stock.

Federal Agricultural Mortgage Corp. 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 operates through four segments: Farm & Ranch, the United States Department of Agriculture (USDA) Guarantees, Rural Utilities and Institutional Credit.

5 Day Chart for NYSE:AGM

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