SummerHaven Investment Management LLC Takes Position in Seaboard Corporation $SEB

SummerHaven Investment Management LLC acquired a new position in shares of Seaboard Corporation (NYSEAMERICAN:SEB) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 284 shares of the company’s stock, valued at approximately $1,036,000.

A number of other institutional investors have also recently bought and sold shares of SEB. Allworth Financial LP purchased a new position in Seaboard during the second quarter worth approximately $31,000. EverSource Wealth Advisors LLC raised its holdings in shares of Seaboard by 160.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 13 shares of the company’s stock worth $37,000 after purchasing an additional 8 shares during the period. CANADA LIFE ASSURANCE Co lifted its position in Seaboard by 20.0% during the second quarter. CANADA LIFE ASSURANCE Co now owns 36 shares of the company’s stock valued at $103,000 after buying an additional 6 shares in the last quarter. AlphaQuest LLC acquired a new position in shares of Seaboard during the 2nd quarter valued at $143,000. Finally, Brighton Jones LLC purchased a new stake in Seaboard during the 3rd quarter worth $208,000. 22.57% of the stock is currently owned by hedge funds and other institutional investors.

Seaboard Trading Up 2.4%

NYSEAMERICAN:SEB opened at $5,038.71 on Wednesday. The business’s 50-day moving average is $4,515.00 and its two-hundred day moving average is $3,896.73. The firm has a market capitalization of $4.84 billion, a PE ratio of 12.28 and a beta of 0.36. Seaboard Corporation has a 12 month low of $2,400.31 and a 12 month high of $5,050.00. 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 (NYSEAMERICAN:SEB) last issued its earnings results on Tuesday, October 28th. The company reported $113.71 earnings per share for the quarter. The company had revenue of $2.54 billion during the quarter. Seaboard had a return on equity of 8.21% and a net margin of 4.04%.

About Seaboard

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.