Federal Agricultural Mortgage Co. (NYSE:AGM) Shares Bought by Jane Street Group LLC

Jane Street Group LLC raised its stake in Federal Agricultural Mortgage Co. (NYSE:AGM - Free Report) by 36.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,548 shares of the credit services provider's stock after buying an additional 4,434 shares during the period. Jane Street Group LLC owned about 0.15% of Federal Agricultural Mortgage worth $3,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in AGM. Atria Investments Inc grew its stake in Federal Agricultural Mortgage by 0.7% in the third quarter. Atria Investments Inc now owns 8,735 shares of the credit services provider's stock worth $1,637,000 after purchasing an additional 57 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Federal Agricultural Mortgage by 1.8% in the 3rd quarter. Victory Capital Management Inc. now owns 3,864 shares of the credit services provider's stock worth $724,000 after buying an additional 70 shares during the period. US Bancorp DE grew its position in shares of Federal Agricultural Mortgage by 7.3% during the 3rd quarter. US Bancorp DE now owns 1,106 shares of the credit services provider's stock worth $207,000 after buying an additional 75 shares in the last quarter. Moors & Cabot Inc. increased its stake in shares of Federal Agricultural Mortgage by 7.8% during the third quarter. Moors & Cabot Inc. now owns 1,266 shares of the credit services provider's stock valued at $237,000 after buying an additional 92 shares during the period. Finally, nVerses Capital LLC raised its holdings in shares of Federal Agricultural Mortgage by 50.0% in the third quarter. nVerses Capital LLC now owns 300 shares of the credit services provider's stock valued at $56,000 after acquiring an additional 100 shares in the last quarter. 68.03% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Federal Agricultural Mortgage news, CEO Bradford T. Nordholm sold 5,073 shares of Federal Agricultural Mortgage stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $213.37, for a total value of $1,082,426.01. Following the transaction, the chief executive officer now directly owns 41,104 shares of the company's stock, valued at approximately $8,770,360.48. The trade was a 10.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mitchell A. Johnson sold 1,000 shares of the stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $211.10, for a total value of $211,100.00. Following the sale, the director now owns 13,060 shares of the company's stock, valued at approximately $2,756,966. This represents a 7.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,573 shares of company stock worth $1,808,561 in the last three months. 2.58% of the stock is owned by insiders.

Federal Agricultural Mortgage Stock Up 0.1 %

Federal Agricultural Mortgage stock traded up $0.24 during midday trading on Friday, hitting $199.53. 72,349 shares of the company's stock were exchanged, compared to its average volume of 52,981. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.49 and a current ratio of 0.49. The company has a market cap of $2.17 billion, a PE ratio of 12.83, a P/E/G ratio of 1.95 and a beta of 1.07. The firm has a 50-day moving average of $201.46 and a two-hundred day moving average of $191.98. Federal Agricultural Mortgage Co. has a 12 month low of $169.17 and a 12 month high of $217.60.

Federal Agricultural Mortgage (NYSE:AGM - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The credit services provider reported $4.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.14 by ($0.04). The business had revenue of $411.40 million for the quarter, compared to the consensus estimate of $92.15 million. Federal Agricultural Mortgage had a net margin of 12.59% and a return on equity of 20.14%. During the same quarter in the prior year, the business posted $4.13 earnings per share. As a group, analysts expect that Federal Agricultural Mortgage Co. will post 15.85 earnings per share for the current fiscal year.

Federal Agricultural Mortgage Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a $1.40 dividend. This represents a $5.60 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend is Monday, December 16th. Federal Agricultural Mortgage's payout ratio is 36.01%.

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.