UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 1,417 Shares of Federal Agricultural Mortgage Co. (NYSE:AGM)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Federal Agricultural Mortgage Co. (NYSE:AGM - Free Report) by 7.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,613 shares of the credit services provider's stock after acquiring an additional 1,417 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.18% of Federal Agricultural Mortgage worth $3,863,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new position in shares of Federal Agricultural Mortgage during the fourth quarter valued at $25,000. Venturi Wealth Management LLC bought a new stake in shares of Federal Agricultural Mortgage in the 4th quarter worth approximately $100,000. Parkside Financial Bank & Trust grew its position in Federal Agricultural Mortgage by 7.0% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,004 shares of the credit services provider's stock worth $198,000 after buying an additional 66 shares during the last quarter. Pictet Asset Management Holding SA bought a new position in shares of Federal Agricultural Mortgage in the fourth quarter valued at $208,000. Finally, Focus Partners Wealth acquired a new stake in shares of Federal Agricultural Mortgage during the 4th quarter valued at $237,000. Institutional investors and hedge funds own 68.03% of the company's stock.

Federal Agricultural Mortgage Stock Up 4.2%

Shares of NYSE:AGM traded up $7.68 during trading on Friday, reaching $191.96. 428,634 shares of the company traded hands, compared to its average volume of 49,954. The firm has a fifty day simple moving average of $180.11 and a 200 day simple moving average of $192.86. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 1.58. Federal Agricultural Mortgage Co. has a 1-year low of $159.64 and a 1-year high of $217.60. The firm has a market cap of $2.10 billion, a P/E ratio of 11.67, a price-to-earnings-growth ratio of 1.69 and a beta of 0.97.

Federal Agricultural Mortgage (NYSE:AGM - Get Free Report) last posted its earnings results on Friday, May 9th. The credit services provider reported $4.19 EPS for the quarter, topping the consensus estimate of $4.00 by $0.19. The firm had revenue of $96.79 million for the quarter, compared to the consensus estimate of $94.33 million. Federal Agricultural Mortgage had a net margin of 12.75% and a return on equity of 19.43%. Analysts anticipate that Federal Agricultural Mortgage Co. will post 17.6 earnings per share for the current fiscal year.

Federal Agricultural Mortgage Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a $1.50 dividend. The ex-dividend date is Monday, June 16th. This represents a $6.00 annualized dividend and a yield of 3.13%. Federal Agricultural Mortgage's dividend payout ratio (DPR) is presently 37.08%.

Insider Buying and Selling at Federal Agricultural Mortgage

In other news, Director Sara Louise Faivre-Davis sold 350 shares of the company's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $192.26, for a total transaction of $67,291.00. Following the completion of the transaction, the director now directly owns 1,751 shares in the company, valued at $336,647.26. The trade was a 16.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert G. Sexton bought 1,000 shares of the company's stock in a transaction that occurred on Tuesday, March 11th. The shares were bought at an average cost of $195.62 per share, for a total transaction of $195,620.00. Following the transaction, the director now directly owns 13,517 shares of the company's stock, valued at $2,644,195.54. This trade represents a 7.99% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 2.20% of the company's stock.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods reissued a "market perform" rating and issued a $215.00 target price (down from $230.00) on shares of Federal Agricultural Mortgage in a research report on Monday, May 12th.

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: Corporate AgFinance, Farm & Ranch, Rural Utilities, and Renewable Energy. The company's Agricultural Finance line of business engages in purchasing and retaining eligible loans and securities; guaranteeing the payment of principal and interest on securities that represent interests in or obligations secured by pools of eligible loans; servicing eligible loans; and issuing LTSPCs for eligible loans.