4,325 Shares in Federal Agricultural Mortgage Co. (NYSE:AGM) Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new stake in shares of Federal Agricultural Mortgage Co. (NYSE:AGM - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 4,325 shares of the credit services provider's stock, valued at approximately $852,000.

A number of other large investors have also recently added to or reduced their stakes in AGM. Blue Trust Inc. acquired a new stake in Federal Agricultural Mortgage during the fourth quarter worth $25,000. Venturi Wealth Management LLC purchased a new position in shares of Federal Agricultural Mortgage during the 4th quarter worth $100,000. Parkside Financial Bank & Trust increased its position in shares of Federal Agricultural Mortgage by 7.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,004 shares of the credit services provider's stock worth $198,000 after purchasing an additional 66 shares during the last quarter. Pictet Asset Management Holding SA purchased a new stake in Federal Agricultural Mortgage in the 4th quarter valued at about $208,000. Finally, Kingswood Wealth Advisors LLC acquired a new position in Federal Agricultural Mortgage in the fourth quarter valued at about $209,000. 68.03% of the stock is currently owned by institutional investors and hedge funds.

Federal Agricultural Mortgage Trading Down 0.7%

AGM traded down $1.27 during mid-day trading on Friday, hitting $187.51. 52,134 shares of the stock were exchanged, compared to its average volume of 44,161. The company has a market cap of $2.05 billion, a PE ratio of 11.40, a PEG ratio of 1.69 and a beta of 0.97. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 1.58. The firm's fifty day moving average is $180.42 and its two-hundred day moving average is $193.32. Federal Agricultural Mortgage Co. has a 1-year low of $159.64 and a 1-year high of $217.60.

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

Federal Agricultural Mortgage Dividend Announcement

The business 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 of this dividend is Monday, June 16th. This represents a $6.00 dividend on an annualized basis and a yield of 3.20%. Federal Agricultural Mortgage's dividend payout ratio (DPR) is presently 37.08%.

Analyst Ratings Changes

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

Insider Buying and Selling

In other news, CFO Aparna Ramesh sold 1,000 shares of Federal Agricultural Mortgage stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $201.86, for a total value of $201,860.00. Following the completion of the transaction, the chief financial officer now owns 9,242 shares in the company, valued at approximately $1,865,590.12. This trade represents a 9.76% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Sara Louise Faivre-Davis sold 350 shares of Federal Agricultural Mortgage 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 owns 1,751 shares of the company's stock, valued at $336,647.26. This represents a 16.66% decrease in their position. The disclosure for this sale can be found here. 2.21% of the stock is currently owned by insiders.

Federal Agricultural Mortgage Company 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.