Seaboard Co. (NYSEAMERICAN:SEB - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $2,916.15 and last traded at $2,930.00, with a volume of 156 shares trading hands. The stock had previously closed at $2,948.15.
Analyst Ratings Changes
Separately, StockNews.com cut shares of Seaboard from a "buy" rating to a "hold" rating in a research report on Tuesday, September 17th.
Get Our Latest Stock Report on Seaboard
Seaboard Stock Performance
The company has a quick ratio of 1.47, a current ratio of 2.45 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $2.84 billion, a P/E ratio of 11.35 and a beta of 0.35.
Seaboard (NYSEAMERICAN:SEB - Get Free Report) last released its quarterly earnings data on Tuesday, July 30th. The company reported $62.82 earnings per share (EPS) for the quarter. Seaboard had a return on equity of 5.69% and a net margin of 3.01%. The company had revenue of $2.21 billion during the quarter.
Institutional Trading of Seaboard
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new stake in Seaboard during the 1st quarter valued at approximately $550,000. DAVENPORT & Co LLC boosted its holdings in shares of Seaboard by 4.8% during the 1st quarter. DAVENPORT & Co LLC now owns 7,372 shares of the company's stock worth $23,608,000 after buying an additional 337 shares in the last quarter. Susquehanna Fundamental Investments LLC bought a new position in shares of Seaboard during the 1st quarter worth approximately $1,847,000. Rhumbline Advisers boosted its holdings in shares of Seaboard by 44.9% during the 2nd quarter. Rhumbline Advisers now owns 913 shares of the company's stock worth $2,886,000 after buying an additional 283 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its holdings in shares of Seaboard by 2,337.5% during the 1st quarter. Lazard Asset Management LLC now owns 390 shares of the company's stock worth $1,257,000 after buying an additional 374 shares in the last quarter. Institutional investors and hedge funds own 22.57% of the company's stock.
Seaboard Company Profile
(
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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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