National Bank of Canada FI Has $781,000 Position in Seaboard Co. (NYSEAMERICAN:SEB)

National Bank of Canada FI decreased its holdings in Seaboard Co. (NYSEAMERICAN:SEB) by 76.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SEB. Cerity Partners LLC boosted its stake 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 buying an additional 1,017 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Seaboard by 44.9% in the 2nd quarter. Rhumbline Advisers now owns 913 shares of the company’s stock valued at $2,886,000 after purchasing an additional 283 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Seaboard by 195.4% in the 3rd quarter. Victory Capital Management Inc. now owns 700 shares of the company’s stock worth $2,196,000 after purchasing an additional 463 shares during the last quarter. American Century Companies Inc. increased its position in shares of Seaboard by 8.3% during the 2nd quarter. American Century Companies Inc. now owns 3,725 shares of the company’s stock worth $11,774,000 after purchasing an additional 287 shares in the last quarter. Finally, Private Management Group Inc. lifted its holdings in Seaboard by 16.0% during the 2nd quarter. Private Management Group Inc. now owns 6,242 shares of the company’s stock valued at $19,729,000 after purchasing an additional 860 shares during the last quarter. 22.57% of the stock is owned by institutional investors.

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 Stock Performance

SEB stock opened at $2,548.00 on Friday. The firm has a market cap of $2.47 billion, a PE ratio of -774.47 and a beta of 0.35. Seaboard Co. has a twelve month low of $2,526.00 and a twelve month high of $3,796.00. 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 (NYSEAMERICAN:SEB) last released its earnings results on Tuesday, October 29th. The company reported ($153.44) earnings per share (EPS) for the quarter. Seaboard had a negative net margin of 0.02% and a negative return on equity of 0.04%. The business had revenue of $2.22 billion for the quarter.

Seaboard Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were paid a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 0.35%. The ex-dividend date was Friday, November 8th. Seaboard’s payout ratio is -273.56%.

Seaboard 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.