FMR LLC holds 3.7% of Federal Agricultural Mortgage (NYSE: AGM)
Rhea-AI Filing Summary
FMR LLC and Abigail P. Johnson report beneficial ownership of 343,616.70 shares of Federal Agricultural Mortgage Corp Class C nonvoting common stock, representing 3.7% of the class as of the reporting date. FMR has sole voting power over 342,223.71 shares and sole dispositive power over 343,616.70 shares, while Johnson has sole dispositive power over the same 343,616.70 shares.
The filing states the securities were acquired and are held in the ordinary course of business, not to change or influence control of the company. It also notes that one or more other persons may receive dividends or sale proceeds, but no such person holds more than five percent of this class.
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FAQ
What does the AGM Schedule 13G/A filed by FMR LLC disclose?
The filing shows FMR LLC and Abigail P. Johnson beneficially own 343,616.70 shares of Federal Agricultural Mortgage Corp Class C nonvoting common stock, equal to 3.7% of that class. The shares are reported as held in the ordinary course of business, not to influence corporate control.
Does the FMR LLC Schedule 13G/A indicate any intent to influence AGM control?
The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Federal Agricultural Mortgage Corp. It also states they are not held in connection with any transaction having that control-related purpose or effect.
What percentage threshold does this AGM filing confirm for FMR LLC?
The Schedule 13G/A confirms FMR LLC and Abigail P. Johnson each beneficially own 3.7% of Federal Agricultural Mortgage Corp’s Class C nonvoting common stock. The filing also categorizes this as ownership of five percent or less of the class, reflecting a sub‑5% stake in that security.