Federal Agricultural Mortgage Corporation (NYSE:AGM) CEO Timothy L. Buzby sold 4,180 shares of the company’s stock in a transaction on Thursday, September 28th. The stock was sold at an average price of $74.85, for a total transaction of $312,873.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Timothy L. Buzby also recently made the following trade(s):

  • On Friday, September 29th, Timothy L. Buzby sold 3,930 shares of Federal Agricultural Mortgage Corporation stock. The stock was sold at an average price of $72.96, for a total transaction of $286,732.80.
  • On Wednesday, September 27th, Timothy L. Buzby sold 2,450 shares of Federal Agricultural Mortgage Corporation stock. The stock was sold at an average price of $74.85, for a total transaction of $183,382.50.
  • On Friday, September 29th, Timothy L. Buzby sold 10,560 shares of Federal Agricultural Mortgage Corporation stock. The stock was sold at an average price of $74.15, for a total transaction of $783,024.00.

Shares of Federal Agricultural Mortgage Corporation (AGM) opened at 72.74 on Friday. Federal Agricultural Mortgage Corporation has a 1-year low of $39.09 and a 1-year high of $74.35. The stock has a 50 day moving average of $66.35 and a 200 day moving average of $62.75. The company has a market cap of $771.33 million, a price-to-earnings ratio of 10.02 and a beta of 1.18.

Federal Agricultural Mortgage Corporation (NYSE:AGM) last posted its quarterly earnings results on Wednesday, August 9th. The credit services provider reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.12. The firm had revenue of $43.48 million during the quarter. Federal Agricultural Mortgage Corporation had a return on equity of 15.01% and a net margin of 24.02%. On average, equities analysts forecast that Federal Agricultural Mortgage Corporation will post $5.85 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.98%. The ex-dividend date was Thursday, September 14th. Federal Agricultural Mortgage Corporation’s dividend payout ratio is presently 19.81%.

COPYRIGHT VIOLATION WARNING: This report was originally published by Watch List News and is the property of of Watch List News. If you are viewing this report on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this report can be viewed at https://www.watchlistnews.com/timothy-l-buzby-sells-4180-shares-of-federal-agricultural-mortgage-corporation-agm-stock/1600482.html.

Several analysts have recently issued reports on the stock. Keefe, Bruyette & Woods reiterated a “hold” rating on shares of Federal Agricultural Mortgage Corporation in a research note on Thursday, September 21st. BidaskClub lowered shares of Federal Agricultural Mortgage Corporation from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. Finally, TheStreet lowered shares of Federal Agricultural Mortgage Corporation from a “b-” rating to a “c+” rating in a research note on Friday, August 11th.

Institutional investors and hedge funds have recently bought and sold shares of the company. Prudential Financial Inc. raised its position in shares of Federal Agricultural Mortgage Corporation by 22.7% in the 2nd quarter. Prudential Financial Inc. now owns 162,972 shares of the credit services provider’s stock worth $10,544,000 after purchasing an additional 30,144 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Federal Agricultural Mortgage Corporation in the 1st quarter worth about $299,000. Highbridge Capital Management LLC purchased a new position in shares of Federal Agricultural Mortgage Corporation in the 1st quarter worth about $406,000. American International Group Inc. raised its position in shares of Federal Agricultural Mortgage Corporation by 7.1% in the 1st 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 during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of Federal Agricultural Mortgage Corporation in the 1st quarter worth about $250,000. 65.14% of the stock is owned by hedge funds and other institutional investors.

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 Analyst Ratings Network's FREE daily email newsletter.