Perigon Wealth Management LLC bought a new position in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 116 shares of the company's stock, valued at approximately $286,000.
Several other hedge funds have also recently modified their holdings of SEB. Barclays PLC raised its position in shares of Seaboard by 382.3% in the third quarter. Barclays PLC now owns 1,881 shares of the company's stock valued at $5,900,000 after buying an additional 1,491 shares during the last quarter. Two Sigma Advisers LP grew its stake in Seaboard by 81.6% during the 3rd quarter. Two Sigma Advisers LP now owns 3,115 shares of the company's stock valued at $9,772,000 after acquiring an additional 1,400 shares in the last quarter. Cerity Partners LLC raised its holdings in Seaboard by 263.5% in the 3rd quarter. Cerity Partners LLC now owns 1,403 shares of the company's stock valued at $4,401,000 after acquiring an additional 1,017 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Seaboard by 20.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,962 shares of the company's stock worth $12,429,000 after purchasing an additional 663 shares in the last quarter. Finally, Factorial Partners LLC boosted its holdings in shares of Seaboard by 44.8% during the 3rd quarter. Factorial Partners LLC now owns 1,756 shares of the company's stock worth $5,509,000 after purchasing an additional 543 shares during the last quarter. Institutional investors and hedge funds own 22.57% of the company's stock.
Seaboard Stock Up 0.3 %
Shares of NYSEAMERICAN SEB traded up $6.91 during mid-day trading on Thursday, hitting $2,495.27. The company had a trading volume of 1,699 shares, compared to its average volume of 2,012. Seaboard Co. has a 1-year low of $2,365.00 and a 1-year high of $3,614.95. The stock has a market cap of $2.42 billion, a P/E ratio of -758.44 and a beta of 0.36. The company has a current ratio of 2.44, a quick ratio of 1.50 and a debt-to-equity ratio of 0.22.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of Seaboard from a "buy" rating to a "hold" rating in a report on Wednesday, November 6th.
Read Our Latest Stock Analysis on SEB
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.
See Also
Before you consider Seaboard, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Seaboard wasn't on the list.
While Seaboard currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
