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

Jefferies Financial Group Inc. purchased a new position in Federal Agricultural Mortgage Co. (NYSE:AGM - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,325 shares of the credit services provider's stock, valued at approximately $852,000.

A number of other hedge funds have also modified their holdings of the stock. Parkside Financial Bank & Trust boosted 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 valued at $198,000 after buying an additional 66 shares in the last quarter. Westover Capital Advisors LLC lifted its holdings in Federal Agricultural Mortgage by 1.2% in the fourth quarter. Westover Capital Advisors LLC now owns 6,507 shares of the credit services provider's stock valued at $1,282,000 after buying an additional 75 shares during the period. Napatree Capital LLC boosted its position in shares of Federal Agricultural Mortgage by 6.8% in the 4th quarter. Napatree Capital LLC now owns 1,423 shares of the credit services provider's stock worth $280,000 after purchasing an additional 91 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Federal Agricultural Mortgage by 5.0% during the fourth quarter. Cetera Investment Advisers now owns 2,626 shares of the credit services provider's stock worth $517,000 after buying an additional 125 shares during the last quarter. Finally, Blue Trust Inc. acquired a new position in Federal Agricultural Mortgage during the fourth quarter valued at approximately $25,000. 68.03% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Federal Agricultural Mortgage news, Director Mitchell A. Johnson sold 2,500 shares of the firm's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $205.21, for a total transaction of $513,025.00. Following the completion of the sale, the director now owns 8,644 shares of the company's stock, valued at $1,773,835.24. This trade represents a 22.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Aparna Ramesh sold 1,000 shares of the firm's stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $201.86, for a total value of $201,860.00. Following the sale, the chief financial officer now directly owns 9,242 shares of the company's stock, valued at $1,865,590.12. This represents a 9.76% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,850 shares of company stock valued at $782,176. 2.20% of the stock is owned by insiders.

Federal Agricultural Mortgage Stock Down 0.6%

NYSE AGM traded down $1.19 on Wednesday, reaching $190.14. The company had a trading volume of 15,557 shares, compared to its average volume of 43,942. The company's fifty day moving average is $181.79 and its 200-day moving average is $194.45. 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 capitalization of $2.08 billion, a price-to-earnings ratio of 11.57, a price-to-earnings-growth ratio of 1.69 and a beta of 0.97. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.49 and a current ratio of 0.49.

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

Federal Agricultural Mortgage Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be issued a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Monday, June 16th. Federal Agricultural Mortgage's payout ratio is presently 37.08%.

Wall Street Analysts Forecast Growth

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

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.