Private Management Group Inc. grew its position in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 30.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,541 shares of the company's stock after purchasing an additional 2,010 shares during the period. Private Management Group Inc. owned approximately 0.88% of Seaboard worth $20,752,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in the company. Cerity Partners LLC lifted its position in Seaboard by 263.5% during the third quarter. Cerity Partners LLC now owns 1,403 shares of the company's stock valued at $4,401,000 after purchasing an additional 1,017 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Seaboard by 195.4% during the 3rd quarter. Victory Capital Management Inc. now owns 700 shares of the company's stock valued at $2,196,000 after buying an additional 463 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Seaboard by 5.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,155 shares of the company's stock valued at $9,897,000 after acquiring an additional 174 shares during the last quarter. Factorial Partners LLC grew its position in Seaboard by 44.8% in the third quarter. Factorial Partners LLC now owns 1,756 shares of the company's stock worth $5,509,000 after acquiring an additional 543 shares in the last quarter. Finally, Two Sigma Advisers LP increased its stake in Seaboard by 81.6% during the third quarter. Two Sigma Advisers LP now owns 3,115 shares of the company's stock worth $9,772,000 after acquiring an additional 1,400 shares during the last quarter. 22.57% of the stock is owned by institutional investors.
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of Seaboard from a "buy" rating to a "hold" rating in a research note on Wednesday, November 6th.
Read Our Latest Report on SEB
Seaboard Price Performance
NYSEAMERICAN:SEB traded up $33.82 during mid-day trading on Friday, reaching $2,529.09. The company's stock had a trading volume of 3,179 shares, compared to its average volume of 1,880. 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 1 year low of $2,365.00 and a 1 year high of $3,600.94.
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.
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