Federal Agricultural Mortgage Co. (NYSE:AGM) Shares Sold by Investors Asset Management of Georgia Inc. GA ADV

Investors Asset Management of Georgia Inc. GA ADV lowered its position in shares of Federal Agricultural Mortgage Co. (NYSE:AGM) by 2.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,230 shares of the credit services provider’s stock after selling 100 shares during the quarter. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Federal Agricultural Mortgage were worth $833,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in AGM. Creative Planning grew its holdings in shares of Federal Agricultural Mortgage by 8.0% during the third quarter. Creative Planning now owns 5,563 shares of the credit services provider’s stock valued at $1,043,000 after buying an additional 410 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Federal Agricultural Mortgage during the 3rd quarter worth about $175,610,000. Riverwater Partners LLC increased its position in shares of Federal Agricultural Mortgage by 1.1% during the third quarter. Riverwater Partners LLC now owns 11,530 shares of the credit services provider’s stock valued at $2,095,000 after purchasing an additional 122 shares during the period. Pullen Investment Management LLC increased its stake in Federal Agricultural Mortgage by 9.5% in the third quarter. Pullen Investment Management LLC now owns 12,416 shares of the credit services provider’s stock valued at $2,327,000 after acquiring an additional 1,079 shares during the period. Finally, Semanteon Capital Management LP acquired a new position in Federal Agricultural Mortgage during the third quarter worth $358,000. Institutional investors own 68.03% of the company’s stock.

Insider Transactions at Federal Agricultural Mortgage

In other Federal Agricultural Mortgage news, CEO Bradford T. Nordholm sold 5,073 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $213.37, for a total transaction of $1,082,426.01. Following the transaction, the chief executive officer now 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.58% of the company’s stock.

Federal Agricultural Mortgage Stock Performance

Federal Agricultural Mortgage stock opened at $194.94 on Friday. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 12.54, a P/E/G ratio of 1.62 and a beta of 1.08. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 1.58. The stock has a 50-day simple moving average of $196.81 and a 200 day simple moving average of $194.16. Federal Agricultural Mortgage Co. has a 12-month low of $169.17 and a 12-month high of $217.60.

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.