Versor Investments LP Makes New $216,000 Investment in Seaboard Co. (NYSEAMERICAN:SEB)

Versor Investments LP bought a new stake in shares of Seaboard Co. (NYSEAMERICAN:SEB) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 69 shares of the company’s stock, valued at approximately $216,000.

Several other large investors have also recently made changes to their positions in SEB. BNP Paribas Financial Markets increased its stake in shares of Seaboard by 36.7% in the 1st quarter. BNP Paribas Financial Markets now owns 67 shares of the company’s stock valued at $216,000 after purchasing an additional 18 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Seaboard by 0.3% in the first quarter. Vanguard Group Inc. now owns 23,189 shares of the company’s stock valued at $74,759,000 after buying an additional 66 shares in the last quarter. Covestor Ltd raised its stake in shares of Seaboard by 18.5% during the 1st quarter. Covestor Ltd now owns 32 shares of the company’s stock worth $106,000 after buying an additional 5 shares during the period. Herr Investment Group LLC purchased a new position in shares of Seaboard during the 1st quarter valued at approximately $20,714,000. Finally, Lazard Asset Management LLC grew its stake in Seaboard by 2,337.5% in the 1st quarter. Lazard Asset Management LLC now owns 390 shares of the company’s stock valued at $1,257,000 after acquiring an additional 374 shares during the period. 22.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Seaboard Trading Down 1.6 %

NYSEAMERICAN:SEB opened at $2,661.01 on Friday. Seaboard Co. has a 12 month low of $2,580.28 and a 12 month high of $3,796.00. The company has a market cap of $2.58 billion, a price-to-earnings ratio of -808.82 and a beta of 0.37. 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 issued its quarterly earnings results on Tuesday, October 29th. The company reported ($153.44) EPS for the quarter. The firm 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%.

Seaboard Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 18th. Stockholders of record on Friday, November 8th will be paid a $2.25 dividend. This represents a $9.00 annualized dividend and a dividend yield of 0.34%. The ex-dividend date is Friday, November 8th. Seaboard’s dividend payout ratio is currently -273.56%.

About Seaboard

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.