Farther Finance Advisors LLC Makes New $50,000 Investment in Seaboard Co. (NYSEAMERICAN:SEB)

Farther Finance Advisors LLC acquired a new position in Seaboard Co. (NYSEAMERICAN:SEB) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 16 shares of the company’s stock, valued at approximately $50,000.

Other institutional investors have also added to or reduced their stakes in the company. Virtu Financial LLC bought a new position in shares of Seaboard in the 1st quarter worth about $550,000. Rhumbline Advisers increased its stake in Seaboard by 44.9% during the 2nd quarter. Rhumbline Advisers now owns 913 shares of the company’s stock valued at $2,886,000 after purchasing an additional 283 shares in the last quarter. Lazard Asset Management LLC increased its stake in Seaboard by 2,337.5% during the 1st 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 in the last quarter. American Century Companies Inc. increased its stake in Seaboard by 8.3% during the 2nd quarter. American Century Companies Inc. now owns 3,725 shares of the company’s stock valued at $11,774,000 after purchasing an additional 287 shares in the last quarter. Finally, Private Management Group Inc. increased its stake in Seaboard by 16.0% during the 2nd quarter. Private Management Group Inc. now owns 6,242 shares of the company’s stock valued at $19,729,000 after purchasing an additional 860 shares in the last quarter. 22.57% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Seaboard from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th.

Seaboard Price Performance

SEB opened at $2,716.09 on Thursday. The company has a current ratio of 2.44, a quick ratio of 1.50 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $2.63 billion, a P/E ratio of -825.56 and a beta of 0.37. Seaboard Co. has a 12-month low of $2,580.28 and a 12-month high of $3,796.00.

Seaboard (NYSEAMERICAN:SEB) last announced its quarterly earnings data on Tuesday, October 29th. The company reported ($153.44) EPS for the quarter. The firm had revenue of $2.22 billion for the quarter. Seaboard had a negative net margin of 0.02% and a negative return on equity of 0.04%.

Seaboard Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 18th. Investors of record on Friday, November 8th will be issued a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 0.33%. The ex-dividend date of this dividend is Friday, November 8th. Seaboard’s dividend payout ratio is currently -273.56%.

About Seaboard

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.