Private Management Group Inc. Purchases 2,010 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

Private Management Group Inc. grew its holdings in shares of Seaboard Co. (NYSEAMERICAN:SEB) by 30.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 8,541 shares of the company’s stock after buying an additional 2,010 shares during the period. Private Management Group Inc.’s holdings in Seaboard were worth $20,752,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Sei Investments Co. grew its holdings in shares of Seaboard by 49.5% in the second quarter. Sei Investments Co. now owns 160 shares of the company’s stock worth $506,000 after purchasing an additional 53 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in Seaboard in the 2nd quarter valued at about $205,000. The Manufacturers Life Insurance Company grew its stake in Seaboard by 4.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 250 shares of the company’s stock worth $790,000 after acquiring an additional 10 shares in the last quarter. Creative Planning purchased a new position in shares of Seaboard during the second quarter worth approximately $465,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Seaboard during the second quarter valued at approximately $275,000. Institutional investors own 22.57% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Seaboard from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th.

Seaboard Trading Up 0.9 %

Shares of Seaboard stock opened at $2,488.36 on Thursday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.50 and a current ratio of 2.44. Seaboard Co. has a 12 month low of $2,365.00 and a 12 month high of $3,614.95.

Seaboard Company 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.