Federal Agricultural Mortgage Corporation (NYSE:AGM)‘s stock had its “hold” rating reissued by investment analysts at Keefe, Bruyette & Woods in a research note issued on Thursday.

AGM has been the topic of several other research reports. TheStreet downgraded Federal Agricultural Mortgage Corporation from a “b-” rating to a “c+” rating in a research report on Friday, August 11th. BidaskClub downgraded Federal Agricultural Mortgage Corporation from a “hold” rating to a “sell” rating in a research report on Friday, August 4th.

Shares of Federal Agricultural Mortgage Corporation (AGM) opened at 68.87 on Thursday. The firm has a 50 day moving average price of $66.35 and a 200-day moving average price of $62.75. The company has a market cap of $730.30 million, a P/E ratio of 9.49 and a beta of 1.18. Federal Agricultural Mortgage Corporation has a 12 month low of $39.09 and a 12 month high of $74.01.

Federal Agricultural Mortgage Corporation (NYSE:AGM) last posted its earnings results on Wednesday, August 9th. The credit services provider reported $1.48 EPS for the quarter, beating the consensus estimate 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 company had revenue of $43.48 million for the quarter. Analysts anticipate that Federal Agricultural Mortgage Corporation will post $5.85 earnings per share for the current fiscal year.

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In other news, Director Sara Louise Faivre-Davis sold 399 shares of the company’s stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $69.67, for a total value of $27,798.33. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Robert Dale Lynch sold 4,392 shares of the company’s stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $70.00, for a total value of $307,440.00. The disclosure for this sale can be found here. Insiders sold 7,267 shares of company stock worth $498,760 in the last ninety days. 3.75% of the stock is owned by company insiders.

Hedge funds have recently modified their holdings of the stock. Globeflex Capital L P bought a new stake in shares of Federal Agricultural Mortgage Corporation in the first quarter valued at approximately $114,000. C M Bidwell & Associates Ltd. bought a new stake in shares of Federal Agricultural Mortgage Corporation in the second quarter valued at approximately $222,000. Virtu KCG Holdings LLC bought a new stake in shares of Federal Agricultural Mortgage Corporation in the second quarter valued at approximately $275,000. Citadel Advisors LLC bought a new stake in shares of Federal Agricultural Mortgage Corporation in the first quarter valued at approximately $250,000. Finally, Karp Capital Management Corp bought a new stake in shares of Federal Agricultural Mortgage Corporation in the first quarter valued at approximately $269,000. Institutional investors and hedge funds own 65.14% 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.

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