Oak Thistle LLC purchased a new position in Seaboard Co. (NYSEAMERICAN:SEB – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 104 shares of the company’s stock, valued at approximately $253,000.
Other large investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Seaboard during the 3rd quarter worth $25,000. Farther Finance Advisors LLC acquired a new position in Seaboard during the 3rd quarter worth $50,000. Covestor Ltd boosted its holdings in Seaboard by 21.2% during the third quarter. Covestor Ltd now owns 40 shares of the company’s stock valued at $127,000 after acquiring an additional 7 shares during the period. Squarepoint Ops LLC acquired a new stake in shares of Seaboard in the second quarter valued at about $205,000. Finally, Versor Investments LP bought a new position in shares of Seaboard in the third quarter worth about $216,000. Institutional investors own 22.57% of the company’s stock.
Analyst Ratings Changes
Separately, StockNews.com downgraded Seaboard from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th.
Seaboard Stock Up 0.5 %
Shares of SEB stock opened at $2,474.54 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.50 and a current ratio of 2.44. Seaboard Co. has a 1 year low of $2,365.00 and a 1 year high of $3,779.52. The firm has a market cap of $2.40 billion, a P/E ratio of -752.14 and a beta of 0.36.
Seaboard (NYSEAMERICAN:SEB – Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The company reported ($153.44) EPS for the quarter. Seaboard had a negative net margin of 0.02% and a negative return on equity of 0.04%. The company had revenue of $2.22 billion for the quarter.
Seaboard Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were issued a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 0.36%. The ex-dividend date of this dividend was Friday, November 8th. Seaboard’s dividend payout ratio (DPR) is presently -273.56%.
Seaboard Profile
Seaboard Corporation, together with its subsidiaries, operates as an agricultural and ocean transportation company worldwide. It operates through six segments: Pork, Commodity Trading and Milling (CT&M), Marine, Sugar and Alcohol, Power, and Turkey. The Pork segment produces and sells pork products to further processors, food service operators, grocery stores, and distributors; hogs; and biodiesel.
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