StockNews.com Upgrades Seaboard (NYSEAMERICAN:SEB) to “Buy”

Seaboard (NYSEAMERICAN:SEB) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Separately, TheStreet lowered Seaboard from a “b” rating to a “c+” rating in a research report on Thursday, February 15th.

Seaboard Stock Performance

NYSEAMERICAN SEB opened at $3,220.01 on Friday. Seaboard has a 12-month low of $3,048.01 and a 12-month high of $3,942.64. The stock has a market cap of $3.12 billion, a price-to-earnings ratio of 13.38 and a beta of 0.38. The company has a quick ratio of 1.42, a current ratio of 2.54 and a debt-to-equity ratio of 0.21.

Seaboard (NYSEAMERICAN:SEB) last issued its earnings results on Tuesday, February 13th. The company reported $64.67 earnings per share for the quarter. The company had revenue of $2.28 billion during the quarter. Seaboard had a return on equity of 5.41% and a net margin of 2.85%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Janiczek Wealth Management LLC increased its holdings in shares of Seaboard by 90.0% during the fourth quarter. Janiczek Wealth Management LLC now owns 19 shares of the company’s stock valued at $68,000 after acquiring an additional 9 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in Seaboard by 400.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 30 shares of the company’s stock valued at $107,000 after purchasing an additional 24 shares in the last quarter. Brandes Investment Partners LP purchased a new position in Seaboard in the fourth quarter worth about $207,000. Signaturefd LLC lifted its stake in shares of Seaboard by 60.5% in the third quarter. Signaturefd LLC now owns 61 shares of the company’s stock worth $229,000 after buying an additional 23 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Seaboard by 38.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 61 shares of the company’s stock valued at $219,000 after acquiring an additional 17 shares in the last quarter. Institutional investors own 22.57% of the company’s stock.

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.