Seaboard Co. (NYSEAMERICAN:SEB) Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its stake in Seaboard Co. (NYSEAMERICAN:SEBFree Report) by 12.7% during the third quarter, HoldingsChannel.com reports. The fund owned 1,425 shares of the company’s stock after buying an additional 161 shares during the period. Bank of New York Mellon Corp’s holdings in Seaboard were worth $5,348,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Advisor Group Holdings Inc. grew its stake in Seaboard by 3,450.0% in the first quarter. Advisor Group Holdings Inc. now owns 71 shares of the company’s stock valued at $298,000 after purchasing an additional 69 shares in the last quarter. American Century Companies Inc. bought a new position in Seaboard in the 1st quarter valued at $383,000. Citigroup Inc. increased its stake in shares of Seaboard by 36.4% in the 1st quarter. Citigroup Inc. now owns 30 shares of the company’s stock valued at $126,000 after buying an additional 8 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Seaboard in the 1st quarter valued at $400,000. Finally, MetLife Investment Management LLC acquired a new stake in shares of Seaboard in the 1st quarter valued at $25,000. 19.41% of the stock is currently owned by institutional investors and hedge funds.

Seaboard Stock Up 0.5 %

Shares of Seaboard stock opened at $3,602.97 on Wednesday. The company has a quick ratio of 1.79, a current ratio of 3.09 and a debt-to-equity ratio of 0.13. Seaboard Co. has a 12 month low of $3,402.38 and a 12 month high of $4,080.11. The firm has a market cap of $3.49 billion, a P/E ratio of 10.86 and a beta of 0.46.

Seaboard (NYSEAMERICAN:SEBGet Free Report) last announced its quarterly earnings data on Monday, October 30th. The company reported $108.55 EPS for the quarter. Seaboard had a return on equity of 7.60% and a net margin of 3.87%. The business had revenue of $2.39 billion during the quarter.

Analysts Set New Price Targets

Separately, StockNews.com cut Seaboard from a “buy” rating to a “hold” rating in a research note on Thursday, December 14th.

View Our Latest Stock Report on SEB

Seaboard Profile

(Free Report)

Seaboard Corporation operates as an agricultural and 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, foodservice operators, grocery stores, and distributors; hogs; and biodiesel.

See Also

Want to see what other hedge funds are holding SEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Seaboard Co. (NYSEAMERICAN:SEBFree Report).

Institutional Ownership by Quarter for Seaboard (NYSEAMERICAN:SEB)

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