Private Management Group Inc. Raises Stock Position in Seaboard Co. (NYSEAMERICAN:SEB)

Private Management Group Inc. grew its position in shares of Seaboard Co. (NYSEAMERICAN:SEB) by 30.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,541 shares of the company’s stock after buying an additional 2,010 shares during the quarter. Private Management Group Inc. owned 0.88% of Seaboard worth $20,752,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new stake in Seaboard during the third quarter valued at approximately $25,000. Farther Finance Advisors LLC bought a new stake in shares of Seaboard during the 3rd quarter valued at $50,000. SG Americas Securities LLC purchased a new stake in shares of Seaboard in the 4th quarter worth $102,000. Covestor Ltd increased its stake in shares of Seaboard by 21.2% in the 3rd quarter. Covestor Ltd now owns 40 shares of the company’s stock worth $127,000 after purchasing an additional 7 shares in the last quarter. Finally, Squarepoint Ops LLC bought a new position in Seaboard in the 2nd quarter worth $205,000. 22.57% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Seaboard Price Performance

Shares of SEB opened at $2,488.36 on Thursday. The company has a current ratio of 2.44, a quick ratio of 1.50 and a debt-to-equity ratio of 0.22. Seaboard Co. has a 1 year low of $2,365.00 and a 1 year high of $3,614.95.

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.