Seaboard (NYSEAMERICAN:SEB - Get Free Report) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Wednesday.
Seaboard Stock Down 0.2 %
SEB stock traded down $6.59 during midday trading on Wednesday, reaching $2,700.00. 1,919 shares of the company were exchanged, compared to its average volume of 2,825. 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 has a one year low of $2,648.69 and a one year high of $3,796.00.
Seaboard (NYSEAMERICAN:SEB - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The company reported ($153.44) EPS for the quarter. The company had revenue of $2.22 billion for the quarter. Seaboard had a negative return on equity of 0.04% and a negative net margin of 0.02%.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Gladius Capital Management LP acquired a new position in shares of Seaboard in the second quarter valued at approximately $32,000. Farther Finance Advisors LLC acquired a new position in shares of Seaboard in the third quarter valued at approximately $50,000. Innealta Capital LLC acquired a new position in shares of Seaboard in the second quarter valued at approximately $60,000. Covestor Ltd increased its stake in shares of Seaboard by 18.5% in the first quarter. Covestor Ltd now owns 32 shares of the company's stock valued at $106,000 after buying an additional 5 shares during the period. Finally, Squarepoint Ops LLC bought a new stake in Seaboard in the second quarter valued at approximately $205,000. Institutional investors and hedge funds own 22.57% of the company's stock.
Seaboard Company Profile
(
Get 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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