Empowered Funds LLC Has $6.66 Million Stock Holdings in Federal Agricultural Mortgage Co. (NYSE:AGM)

Empowered Funds LLC decreased its stake in shares of Federal Agricultural Mortgage Co. (NYSE:AGM - Free Report) by 21.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,824 shares of the credit services provider's stock after selling 9,158 shares during the period. Empowered Funds LLC owned approximately 0.31% of Federal Agricultural Mortgage worth $6,662,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Principal Financial Group Inc. increased its position in shares of Federal Agricultural Mortgage by 10.3% during the third quarter. Principal Financial Group Inc. now owns 319,701 shares of the credit services provider's stock worth $59,911,000 after acquiring an additional 29,917 shares in the last quarter. Copeland Capital Management LLC increased its position in shares of Federal Agricultural Mortgage by 2.5% during the fourth quarter. Copeland Capital Management LLC now owns 297,810 shares of the credit services provider's stock worth $58,654,000 after acquiring an additional 7,283 shares in the last quarter. Captrust Financial Advisors increased its position in shares of Federal Agricultural Mortgage by 10.0% during the third quarter. Captrust Financial Advisors now owns 226,983 shares of the credit services provider's stock worth $42,539,000 after acquiring an additional 20,603 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Federal Agricultural Mortgage by 5.9% during the third quarter. Wellington Management Group LLP now owns 182,569 shares of the credit services provider's stock worth $34,215,000 after acquiring an additional 10,194 shares in the last quarter. Finally, Rice Hall James & Associates LLC increased its position in shares of Federal Agricultural Mortgage by 10.6% during the third quarter. Rice Hall James & Associates LLC now owns 172,129 shares of the credit services provider's stock worth $32,259,000 after acquiring an additional 16,487 shares in the last quarter. Institutional investors own 68.03% of the company's stock.

Federal Agricultural Mortgage Stock Up 0.1 %

Shares of AGM stock traded up $0.18 during trading hours on Friday, hitting $199.80. 18,251 shares of the company were exchanged, compared to its average volume of 32,355. The company has a market capitalization of $2.17 billion, a PE ratio of 12.85, a PEG ratio of 1.62 and a beta of 1.08. Federal Agricultural Mortgage Co. has a 52 week low of $169.17 and a 52 week high of $217.60. The business has a 50 day moving average of $197.99 and a two-hundred day moving average of $194.25. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 1.58.

Insider Activity at Federal Agricultural Mortgage

In other Federal Agricultural Mortgage news, Director Mitchell A. Johnson sold 1,500 shares of the stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $204.69, for a total value of $307,035.00. Following the completion of the sale, the director now owns 11,060 shares in the company, valued at $2,263,871.40. This trade represents a 11.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Bradford T. Nordholm sold 5,073 shares of the stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $213.37, for a total transaction of $1,082,426.01. Following the completion of the sale, the chief executive officer now owns 41,104 shares of the company's stock, valued at approximately $8,770,360.48. This represents a 10.99 % decrease in their position. The disclosure for this sale can be found here. 2.58% of the stock is owned by insiders.

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.