Creative Planning Buys 136 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

Creative Planning increased its holdings in Seaboard Co. (NYSEAMERICAN:SEBFree Report) by 92.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 283 shares of the company’s stock after acquiring an additional 136 shares during the period. Creative Planning’s holdings in Seaboard were worth $888,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Virtu Financial LLC bought a new position in shares of Seaboard in the first quarter valued at approximately $550,000. DAVENPORT & Co LLC lifted its stake in Seaboard by 4.8% in the first quarter. DAVENPORT & Co LLC now owns 7,372 shares of the company’s stock valued at $23,608,000 after purchasing an additional 337 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in Seaboard in the first quarter valued at approximately $1,847,000. Rhumbline Advisers lifted its stake in Seaboard by 44.9% in the second quarter. Rhumbline Advisers now owns 913 shares of the company’s stock valued at $2,886,000 after purchasing an additional 283 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its stake in Seaboard by 2,337.5% in the first quarter. Lazard Asset Management LLC now owns 390 shares of the company’s stock valued at $1,257,000 after purchasing an additional 374 shares during the last quarter. 22.57% of the stock is owned by institutional investors.

Seaboard Price Performance

SEB opened at $2,669.14 on Friday. The firm has a market capitalization of $2.59 billion, a P/E ratio of -811.29 and a beta of 0.35. The company has a current ratio of 2.44, a quick ratio of 1.47 and a debt-to-equity ratio of 0.22. Seaboard Co. has a 52 week low of $2,650.00 and a 52 week high of $3,796.00.

Seaboard (NYSEAMERICAN:SEBGet Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The company reported ($153.44) earnings per share (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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 18th. Stockholders of record on Friday, November 8th will be issued a dividend of $2.25 per share. The ex-dividend date of this dividend is Friday, November 8th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.34%. Seaboard’s dividend payout ratio is currently -273.56%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Seaboard from a “hold” rating to a “buy” rating in a research report on Tuesday.

Get Our Latest Stock Report on Seaboard

About Seaboard

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Seaboard (NYSEAMERICAN:SEB)

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