Inspire Investing LLC Has $403,000 Stake in Federal Agricultural Mortgage Co. (NYSE:AGM)

Inspire Investing LLC lowered its stake in Federal Agricultural Mortgage Co. (NYSE:AGM) by 7.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,044 shares of the credit services provider’s stock after selling 173 shares during the quarter. Inspire Investing LLC’s holdings in Federal Agricultural Mortgage were worth $403,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Atria Investments Inc boosted its position 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 during the last quarter. Victory Capital Management Inc. boosted 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 last quarter. US Bancorp DE grew its position in Federal Agricultural Mortgage by 7.3% during the third quarter. US Bancorp DE now owns 1,106 shares of the credit services provider’s stock valued at $207,000 after buying an additional 75 shares during the period. Moors & Cabot Inc. increased its holdings in 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 worth $237,000 after buying an additional 92 shares during the last quarter. Finally, nVerses Capital LLC raised its position in Federal Agricultural Mortgage by 50.0% in the third quarter. nVerses Capital LLC now owns 300 shares of the credit services provider’s stock worth $56,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 68.03% of the company’s stock.

Insiders Place Their Bets

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 stock was sold at an average price of $204.69, for a total transaction of $307,035.00. Following the sale, the director now owns 11,060 shares in the company, valued at $2,263,871.40. This represents a 11.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 completion of the transaction, the chief executive officer now owns 41,104 shares of the company’s stock, valued at approximately $8,770,360.48. This trade represents a 10.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,573 shares of company stock worth $1,808,561 over the last quarter. 2.58% of the stock is currently owned by company insiders.

Federal Agricultural Mortgage Stock Up 0.1 %

Federal Agricultural Mortgage stock opened at $196.36 on Friday. The firm has a 50 day moving average price of $201.32 and a 200-day moving average price of $195.02. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 1.58. Federal Agricultural Mortgage Co. has a twelve month low of $169.17 and a twelve month high of $217.60. The company has a market capitalization of $2.14 billion, a P/E ratio of 12.63, a P/E/G ratio of 1.59 and a beta of 1.09.

Federal Agricultural Mortgage (NYSE:AGM) last announced its quarterly earnings data on Monday, November 4th. The credit services provider reported $4.10 earnings per share for the quarter, missing the consensus estimate of $4.14 by ($0.04). Federal Agricultural Mortgage had a net margin of 12.59% and a return on equity of 20.14%. The firm had revenue of $411.40 million for the quarter, compared to the consensus estimate of $92.15 million. During the same period last year, the company posted $4.13 earnings per share. As a group, equities analysts predict that Federal Agricultural Mortgage Co. will post 15.85 EPS for the current year.

Federal Agricultural Mortgage Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a dividend of $1.40 per share. This represents a $5.60 annualized dividend and a yield of 2.85%. The ex-dividend date was Monday, December 16th. Federal Agricultural Mortgage’s dividend payout ratio (DPR) is presently 36.01%.

About Federal Agricultural Mortgage

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.