National Bank of Canada FI Decreases Position in Seaboard Co. (NYSEAMERICAN:SEB)

National Bank of Canada FI reduced its position in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 76.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 249 shares of the company's stock after selling 828 shares during the quarter. National Bank of Canada FI's holdings in Seaboard were worth $781,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in Seaboard by 0.9% in the 3rd quarter. Jane Street Group LLC now owns 437 shares of the company's stock valued at $1,371,000 after acquiring an additional 4 shares during the last quarter. Two Sigma Advisers LP grew its position in shares of Seaboard by 81.6% in 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. Readystate Asset Management LP increased its holdings in shares of Seaboard by 135.8% in the third quarter. Readystate Asset Management LP now owns 316 shares of the company's stock valued at $991,000 after purchasing an additional 182 shares during the last quarter. BNP Paribas Financial Markets lifted its position in Seaboard by 122.5% during the third quarter. BNP Paribas Financial Markets now owns 158 shares of the company's stock worth $496,000 after buying an additional 87 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in Seaboard by 263.5% during the third quarter. Cerity Partners LLC now owns 1,403 shares of the company's stock worth $4,401,000 after buying an additional 1,017 shares during the last quarter. Hedge funds and other institutional investors own 22.57% of the company's stock.

Wall Street Analyst Weigh In

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

Seaboard Price Performance

Shares of SEB stock traded down $30.45 on Friday, hitting $2,548.00. The stock had a trading volume of 1,482 shares, compared to its average volume of 2,287. Seaboard Co. has a 1 year low of $2,526.00 and a 1 year high of $3,796.00. 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 $2.47 billion, a PE ratio of -774.47 and a beta of 0.35.

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

Seaboard Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were given a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date was Friday, November 8th. Seaboard's dividend payout ratio is presently -273.56%.

Seaboard Company 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.