Mariner LLC Increases Stock Holdings in Seaboard Co. (NYSEAMERICAN:SEB)

Mariner LLC lifted its position in Seaboard Co. (NYSEAMERICAN:SEB) by 155.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 357 shares of the company’s stock after purchasing an additional 217 shares during the period. Mariner LLC’s holdings in Seaboard were worth $867,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in shares of Seaboard in the third quarter worth approximately $25,000. Quadrant Capital Group LLC increased its position in shares of Seaboard by 1,000.0% in the fourth quarter. Quadrant Capital Group LLC now owns 11 shares of the company’s stock worth $27,000 after purchasing an additional 10 shares during the last quarter. Sterling Capital Management LLC grew its position in Seaboard by 36.4% during the fourth quarter. Sterling Capital Management LLC now owns 15 shares of the company’s stock valued at $36,000 after acquiring an additional 4 shares during the last quarter. SG Americas Securities LLC bought a new position in Seaboard during the fourth quarter valued at approximately $102,000. Finally, Bfsg LLC grew its position in Seaboard by 22.4% during the fourth quarter. Bfsg LLC now owns 71 shares of the company’s stock valued at $173,000 after acquiring an additional 13 shares during the last quarter. 22.57% of the stock is owned by hedge funds and other institutional investors.

Seaboard Stock Down 2.6 %

Shares of NYSEAMERICAN SEB opened at $2,511.00 on Tuesday. Seaboard Co. has a one year low of $2,365.00 and a one year high of $3,412.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.50 and a quick ratio of 1.50. The firm’s 50 day simple moving average is $2,684.91 and its two-hundred day simple moving average is $2,700.95. The stock has a market capitalization of $2.44 billion, a P/E ratio of 27.71 and a beta of 0.36.

Seaboard Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, May 8th will be paid a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.36%. Seaboard’s dividend payout ratio (DPR) 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.