Sequoia Financial Advisors LLC Makes New Investment in Seaboard Corporation $SEB

Sequoia Financial Advisors LLC purchased a new stake in shares of Seaboard Corporation (NYSEAMERICAN:SEB) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 119 shares of the company’s stock, valued at approximately $434,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. American Century Companies Inc. lifted its holdings in Seaboard by 18.0% in the second quarter. American Century Companies Inc. now owns 5,485 shares of the company’s stock worth $15,694,000 after purchasing an additional 837 shares during the period. Bank of New York Mellon Corp raised its position in shares of Seaboard by 33.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,499 shares of the company’s stock worth $7,149,000 after buying an additional 622 shares in the last quarter. Rhumbline Advisers lifted its stake in shares of Seaboard by 94.8% in the 2nd quarter. Rhumbline Advisers now owns 1,837 shares of the company’s stock worth $5,256,000 after acquiring an additional 894 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Seaboard by 15.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,229 shares of the company’s stock valued at $3,516,000 after acquiring an additional 167 shares in the last quarter. Finally, State of Alaska Department of Revenue increased its stake in shares of Seaboard by 3.9% during the third quarter. State of Alaska Department of Revenue now owns 1,031 shares of the company’s stock valued at $3,759,000 after acquiring an additional 39 shares during the period. 22.57% of the stock is currently owned by institutional investors.

Seaboard Price Performance

Shares of NYSEAMERICAN:SEB opened at $5,038.71 on Wednesday. The stock has a market cap of $4.84 billion, a price-to-earnings ratio of 12.28 and a beta of 0.36. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.44 and a quick ratio of 1.49. Seaboard Corporation has a 12 month low of $2,400.31 and a 12 month high of $5,050.00. The stock’s 50 day moving average price is $4,515.00 and its 200 day moving average price is $3,896.73.

Seaboard (NYSEAMERICAN:SEB) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $113.71 earnings per share (EPS) for the quarter. Seaboard had a return on equity of 8.21% and a net margin of 4.04%.The company had revenue of $2.54 billion for the quarter.

Seaboard Company Profile

Seaboard Corporation is a diversified agribusiness and transportation company engaged in a range of global operations. Organized into several operating segments, the company’s principal activities include pork production and processing, commodity trading and milling, marine products, sugar production, and shipping. Seaboard’s integrated business model spans the entire value chain—from feed grain procurement and hog production to finished pork products—enabling the company to capture efficiencies across each stage of its operations.

In its pork segment, conducted under the Seaboard Foods subsidiary, the company raises hogs and operates slaughter and processing facilities in the United States.