Y Intercept Hong Kong Ltd purchased a new stake in Seaboard Co. (NYSEAMERICAN:SEB – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 154 shares of the company’s stock, valued at approximately $374,000.
Several other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC grew its stake in shares of Seaboard by 0.9% during the third quarter. Jane Street Group LLC now owns 437 shares of the company’s stock valued at $1,371,000 after purchasing an additional 4 shares during the last quarter. Covestor Ltd lifted its holdings in Seaboard by 21.2% during the 3rd quarter. Covestor Ltd now owns 40 shares of the company’s stock worth $127,000 after buying an additional 7 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Seaboard in the 3rd quarter valued at $25,000. Rhumbline Advisers increased its stake in shares of Seaboard by 0.9% in the 4th quarter. Rhumbline Advisers now owns 931 shares of the company’s stock valued at $2,262,000 after buying an additional 8 shares during the period. Finally, Bfsg LLC increased its stake in shares of Seaboard by 22.4% in the 4th quarter. Bfsg LLC now owns 71 shares of the company’s stock valued at $173,000 after buying an additional 13 shares during the period. 22.57% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut shares of Seaboard from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th.
Seaboard Stock Performance
NYSEAMERICAN:SEB opened at $2,766.99 on Tuesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.50 and a current ratio of 2.50. Seaboard Co. has a 12-month low of $2,365.00 and a 12-month high of $3,412.00. The firm has a market capitalization of $2.68 billion, a PE ratio of 30.53 and a beta of 0.36.
Seaboard Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, February 24th will be paid a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 0.33%. The ex-dividend date is Monday, February 24th. Seaboard’s payout ratio is presently 9.93%.
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.
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