Seaboard Co. (NYSEAMERICAN:SEB) Shares Purchased by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. boosted its position in Seaboard Co. (NYSEAMERICAN:SEB) by 5.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,353 shares of the company’s stock after acquiring an additional 74 shares during the quarter. D. E. Shaw & Co. Inc. owned 0.14% of Seaboard worth $3,287,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB increased its stake in Seaboard by 1,937.5% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 163 shares of the company’s stock valued at $396,000 after purchasing an additional 155 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Seaboard in the fourth quarter valued at approximately $374,000. Barclays PLC increased its stake in Seaboard by 382.3% in the third quarter. Barclays PLC now owns 1,881 shares of the company’s stock valued at $5,900,000 after purchasing an additional 1,491 shares during the last quarter. Private Management Group Inc. increased its stake in Seaboard by 30.8% in the fourth quarter. Private Management Group Inc. now owns 8,541 shares of the company’s stock valued at $20,752,000 after purchasing an additional 2,010 shares during the last quarter. Finally, Perigon Wealth Management LLC purchased a new position in Seaboard in the fourth quarter valued at approximately $286,000. Institutional investors and hedge funds own 22.57% of the company’s stock.

Seaboard Stock Performance

Shares of SEB opened at $2,474.82 on Monday. The company has a current ratio of 2.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.21. The firm has a market cap of $2.40 billion, a PE ratio of 27.31 and a beta of 0.36. The company’s 50 day simple moving average is $2,601.69 and its 200-day simple moving average is $2,679.79. Seaboard Co. has a 12-month low of $2,365.00 and a 12-month high of $3,411.10.

Seaboard Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, May 8th will be given a dividend of $2.25 per share. The ex-dividend date is Thursday, May 8th. 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.