Wedmont Private Capital Invests $311,000 in Seaboard Co. (NYSEAMERICAN:SEB)

Wedmont Private Capital bought a new position in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 127 shares of the company's stock, valued at approximately $311,000.

A number of other large investors have also recently modified their holdings of SEB. Wilmington Savings Fund Society FSB bought a new position in Seaboard in the third quarter worth $25,000. Geode Capital Management LLC lifted its position in Seaboard by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 3,943 shares of the company's stock valued at $12,373,000 after acquiring an additional 81 shares during the period. Barclays PLC boosted its stake in Seaboard by 382.3% during the third quarter. Barclays PLC now owns 1,881 shares of the company's stock worth $5,900,000 after acquiring an additional 1,491 shares in the last quarter. Jane Street Group LLC grew its holdings in Seaboard by 0.9% in the third quarter. Jane Street Group LLC now owns 437 shares of the company's stock worth $1,371,000 after purchasing an additional 4 shares during the period. Finally, Two Sigma Advisers LP increased its stake in shares of Seaboard by 81.6% during the third quarter. Two Sigma Advisers LP now owns 3,115 shares of the company's stock valued at $9,772,000 after purchasing an additional 1,400 shares in the last quarter. Institutional investors own 22.57% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Seaboard from a "buy" rating to a "hold" rating in a research report on Wednesday, November 6th.

Seaboard Trading Up 0.5 %

Shares of NYSEAMERICAN:SEB traded up $12.01 during trading on Friday, reaching $2,474.54. 1,828 shares of the stock traded hands, compared to its average volume of 1,977. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of -752.14 and a beta of 0.36. The company has a quick ratio of 1.50, a current ratio of 2.44 and a debt-to-equity ratio of 0.22. Seaboard Co. has a 52-week low of $2,365.00 and a 52-week high of $3,779.52.

Seaboard (NYSEAMERICAN:SEB - Get Free Report) last announced its quarterly earnings results 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 business had revenue of $2.22 billion for the quarter.

Seaboard Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were issued a dividend of $2.25 per share. The ex-dividend date was Friday, November 8th. This represents a $9.00 annualized dividend and a dividend yield of 0.36%. Seaboard's payout ratio is -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.