Seaboard Co. (NYSEAMERICAN:SEB) Position Reduced by Semanteon Capital Management LP

Semanteon Capital Management LP decreased its holdings in Seaboard Co. (NYSEAMERICAN:SEB) by 43.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 137 shares of the company’s stock after selling 104 shares during the quarter. Semanteon Capital Management LP’s holdings in Seaboard were worth $430,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its position in Seaboard by 2.4% in the second quarter. Dimensional Fund Advisors LP now owns 45,989 shares of the company’s stock worth $145,358,000 after buying an additional 1,081 shares during the last quarter. Vanguard Group Inc. grew its position in Seaboard by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 23,189 shares of the company’s stock worth $74,759,000 after purchasing an additional 66 shares in the last quarter. AQR Capital Management LLC grew its position in Seaboard by 81.4% during the 2nd quarter. AQR Capital Management LLC now owns 9,204 shares of the company’s stock worth $28,957,000 after purchasing an additional 4,129 shares in the last quarter. Kahn Brothers Group Inc. grew its position in Seaboard by 1.0% during the 1st quarter. Kahn Brothers Group Inc. now owns 9,052 shares of the company’s stock worth $29,183,000 after purchasing an additional 89 shares in the last quarter. Finally, DAVENPORT & Co LLC grew its position in Seaboard by 4.8% during the 1st quarter. DAVENPORT & Co LLC now owns 7,372 shares of the company’s stock worth $23,608,000 after purchasing an additional 337 shares in the last quarter. Institutional investors and hedge funds own 22.57% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Seaboard from a “buy” rating to a “hold” rating in a report on Tuesday, September 17th.

Seaboard Stock Down 0.7 %

Shares of SEB opened at $2,948.15 on Tuesday. The stock has a market cap of $2.86 billion, a PE ratio of 11.40 and a beta of 0.35. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.45 and a quick ratio of 1.47. Seaboard Co. has a 52 week low of $2,947.00 and a 52 week high of $3,796.00.

Seaboard (NYSEAMERICAN:SEB) last announced its quarterly earnings data on Tuesday, July 30th. The company reported $62.82 EPS for the quarter. The business had revenue of $2.21 billion during the quarter. Seaboard had a net margin of 3.01% and a return on equity of 5.69%.

Seaboard 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.