Federal Agricultural Mortgage Co. (NYSE:AGM) Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC boosted its position in Federal Agricultural Mortgage Co. (NYSE:AGM) by 26.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,418 shares of the credit services provider’s stock after purchasing an additional 707 shares during the period. Kestra Private Wealth Services LLC’s holdings in Federal Agricultural Mortgage were worth $673,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. nVerses Capital LLC lifted its holdings in shares of Federal Agricultural Mortgage by 50.0% in the 3rd quarter. nVerses Capital LLC now owns 300 shares of the credit services provider’s stock valued at $56,000 after buying an additional 100 shares during the period. Point72 DIFC Ltd lifted its holdings in Federal Agricultural Mortgage by 180.0% in the third quarter. Point72 DIFC Ltd now owns 364 shares of the credit services provider’s stock valued at $68,000 after acquiring an additional 234 shares during the period. US Bancorp DE boosted 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 purchasing an additional 75 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new position in shares of Federal Agricultural Mortgage during the 4th quarter worth $209,000. Finally, NBC Securities Inc. increased its holdings in shares of Federal Agricultural Mortgage by 4,182.1% in the 3rd quarter. NBC Securities Inc. now owns 1,199 shares of the credit services provider’s stock valued at $224,000 after purchasing an additional 1,171 shares in the last quarter. Hedge funds and other institutional investors own 68.03% of the company’s stock.

Federal Agricultural Mortgage Stock Up 0.1 %

AGM stock opened at $199.80 on Friday. Federal Agricultural Mortgage Co. has a 52 week low of $169.17 and a 52 week high of $217.60. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 1.58. The company has a market cap of $2.17 billion, a P/E ratio of 12.85, a P/E/G ratio of 1.62 and a beta of 1.08. The company’s 50-day moving average price is $197.99 and its 200 day moving average price is $194.25.

Insider Transactions at Federal Agricultural Mortgage

In other news, Director Mitchell A. Johnson sold 1,500 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $204.69, for a total value of $307,035.00. Following the completion of the transaction, the director now directly owns 11,060 shares of the company’s stock, valued at $2,263,871.40. The trade was a 11.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Bradford T. Nordholm sold 5,073 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 41,104 shares of the company’s stock, valued at $8,770,360.48. The trade was a 10.99 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.58% of the company’s stock.

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.