Farther Finance Advisors LLC Takes $50,000 Position in Seaboard Co. (NYSEAMERICAN:SEB)

Farther Finance Advisors LLC acquired a new stake in shares of Seaboard Co. (NYSEAMERICAN:SEB) during the third quarter, HoldingsChannel reports. The fund acquired 16 shares of the company’s stock, valued at approximately $50,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Covestor Ltd boosted its stake in Seaboard by 18.5% in the first quarter. Covestor Ltd now owns 32 shares of the company’s stock valued at $106,000 after acquiring an additional 5 shares in the last quarter. Bfsg LLC boosted its stake in Seaboard by 4.2% in the second quarter. Bfsg LLC now owns 124 shares of the company’s stock valued at $392,000 after acquiring an additional 5 shares in the last quarter. Gladius Capital Management LP acquired a new stake in Seaboard in the second quarter valued at approximately $32,000. The Manufacturers Life Insurance Company boosted its stake in Seaboard by 4.2% in the second quarter. The Manufacturers Life Insurance Company now owns 250 shares of the company’s stock valued at $790,000 after acquiring an additional 10 shares in the last quarter. Finally, Diversified Trust Co boosted its stake in Seaboard by 8.7% in the second quarter. Diversified Trust Co now owns 163 shares of the company’s stock valued at $515,000 after acquiring an additional 13 shares in the last quarter. 22.57% of the stock is currently owned by institutional investors.

Seaboard Stock Up 1.9 %

NYSEAMERICAN SEB opened at $2,716.09 on Thursday. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of -825.56 and a beta of 0.37. Seaboard Co. has a 12-month low of $2,580.28 and a 12-month high of $3,796.00. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.44 and a quick ratio of 1.50.

Seaboard (NYSEAMERICAN:SEB) last posted its quarterly earnings results on Tuesday, October 29th. The company reported ($153.44) earnings per share (EPS) for the quarter. The company had revenue of $2.22 billion during the quarter. Seaboard had a negative return on equity of 0.04% and a negative net margin of 0.02%.

Seaboard Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 18th. Investors of record on Friday, November 8th will be issued a dividend of $2.25 per share. The ex-dividend date of this dividend is Friday, November 8th. This represents a $9.00 annualized dividend and a dividend yield of 0.33%. Seaboard’s dividend payout ratio (DPR) is presently -273.56%.

Wall Street Analysts Forecast Growth

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

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.