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

National Bank of Canada FI cut its holdings in Seaboard Co. (NYSEAMERICAN:SEB) by 76.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 249 shares of the company’s stock after selling 828 shares during the period. National Bank of Canada FI’s holdings in Seaboard were worth $781,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SEB. Cerity Partners LLC grew its position in Seaboard by 263.5% in 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 in the last quarter. Rhumbline Advisers boosted its stake in shares of Seaboard by 44.9% during the 2nd quarter. Rhumbline Advisers now owns 913 shares of the company’s stock worth $2,886,000 after buying an additional 283 shares during 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 valued at $2,196,000 after acquiring an additional 463 shares in the last quarter. American Century Companies Inc. increased its position in shares of Seaboard by 8.3% in the second quarter. American Century Companies Inc. now owns 3,725 shares of the company’s stock valued at $11,774,000 after acquiring an additional 287 shares during the last quarter. Finally, Private Management Group Inc. raised its holdings in Seaboard by 16.0% during the second quarter. Private Management Group Inc. now owns 6,242 shares of the company’s stock worth $19,729,000 after acquiring an additional 860 shares in the last quarter. Institutional investors own 22.57% of the company’s stock.

Seaboard Stock Down 1.2 %

NYSEAMERICAN SEB opened at $2,548.00 on Friday. The firm has a market cap of $2.47 billion, a price-to-earnings ratio of -774.47 and a beta of 0.35. Seaboard Co. has a 1 year low of $2,526.00 and a 1 year high of $3,796.00. 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 (NYSEAMERICAN:SEB) last announced its quarterly earnings results on Tuesday, October 29th. The company reported ($153.44) earnings per share for the quarter. Seaboard had a negative return on equity of 0.04% and a negative net margin of 0.02%. The business had revenue of $2.22 billion for the quarter.

Seaboard Dividend Announcement

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

Wall Street Analyst Weigh In

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

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.