Federal Agricultural Mortgage Co. (NYSE: AGM – Get a rating) Executive Vice President Zachary Carpenter sold 714 shares of the company in a trade dated Friday, March 11. The shares were sold at an average price of $123.79, for a total transaction of $88,386.06. The transaction was disclosed in a document filed with the SEC, accessible via this link.

AGM stock traded at $2.98 during Friday trading hours, hitting $123.22. 39,232 shares of the stock have been traded, compared to its average volume of 26,965. The stock has a 50-day simple moving average of $123.50 and a 200-day simple moving average of $118.78 . Federal Agricultural Mortgage Co. has a one-year low of $94.20 and a one-year high of $137.01. The company has a market capitalization of $1.33 billion, a P/E ratio of 12.12 and a beta of 0.98. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt ratio of 1.42.

Federal Farm Mortgage (NYSE: AGM – Get a rating) last reported quarterly earnings data on Monday, February 28. The credit services provider reported EPS of $2.76 for the quarter, beating the Zacks consensus estimate of $2.66 by $0.10. Federal Agricultural Mortgage had a return on equity of 18.71% and a net margin of 29.78%.

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The company also recently announced a quarterly dividend, which will be paid on Thursday, March 31. Shareholders of record on Wednesday, March 16 will receive a dividend of $0.95. This is an increase from Federal Agricultural Mortgage’s previous quarterly dividend of $0.88. The ex-dividend date is Tuesday, March 15. This represents an annualized dividend of $3.80 and a yield of 3.08%. Federal Agricultural Mortgage’s payout rate is currently 35.48%.

Separately, TheStreet downgraded Federal Agricultural Mortgage from a “b-” rating to a “c” rating in a Friday, Feb. 11 research note.

Hedge funds have recently increased or reduced their stakes in the company. CWM LLC purchased a new stake in shares of Federal Agricultural Mortgage during the fourth quarter for $25,000. First Community Trust NA purchased a new stake in shares of Federal Agricultural Mortgage during the fourth quarter for $25,000. Lazard Asset Management LLC bought a new stake in shares of Federal Agricultural Mortgage during the fourth quarter worth $26,000. TAP Consulting LLC purchased a new stake in Federal Agricultural Mortgage in the fourth quarter, valued at approximately $40,000. Finally, Mystic Asset Management Inc. acquired a new stake in Federal Agricultural Mortgage in the fourth quarter, valued at approximately $42,000. Institutional investors hold 65.81% of the company’s shares.

About the Federal Farm Mortgage (Get a rating)

Federal Agricultural Mortgage Corp. is a federally chartered, shareholder-owned corporation that provides a secondary market for agricultural and rural real estate loans, rural utility loans, and loans guaranteed by the United States Department of Agriculture. It combines private capital and public sponsorship in the service of a public objective.

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Insider buying and selling by quarter for federal agricultural mortgages (NYSE: AGM)

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