New York State Common Retirement Fund Acquires 206 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

New York State Common Retirement Fund raised its holdings in Seaboard Co. (NYSEAMERICAN:SEB) by 34.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 811 shares of the company’s stock after buying an additional 206 shares during the period. New York State Common Retirement Fund’s holdings in Seaboard were worth $2,895,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in SEB. Janiczek Wealth Management LLC raised its holdings in shares of Seaboard by 90.0% in the fourth quarter. Janiczek Wealth Management LLC now owns 19 shares of the company’s stock valued at $68,000 after purchasing an additional 9 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Seaboard by 38.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 61 shares of the company’s stock valued at $219,000 after buying an additional 17 shares during the last quarter. Signaturefd LLC lifted its position in shares of Seaboard by 60.5% during the 3rd 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. Dark Forest Capital Management LP bought a new position in shares of Seaboard in the third quarter valued at approximately $233,000. Finally, Pzena Investment Management LLC lifted its holdings in Seaboard by 6.8% during the third quarter. Pzena Investment Management LLC now owns 78 shares of the company’s stock worth $293,000 after acquiring an additional 5 shares during the period. 22.57% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on SEB. StockNews.com raised Seaboard from a “hold” rating to a “buy” rating in a research report on Saturday. TheStreet lowered shares of Seaboard from a “b” rating to a “c+” rating in a research report on Thursday, February 15th.

Seaboard Stock Performance

Shares of SEB stock opened at $3,219.00 on Tuesday. The company has a quick ratio of 1.55, a current ratio of 2.54 and a debt-to-equity ratio of 0.21. The company has a market cap of $3.12 billion, a PE ratio of 13.37 and a beta of 0.38. Seaboard Co. has a 12-month low of $3,048.01 and a 12-month high of $3,942.64.

Seaboard (NYSEAMERICAN:SEB) last released its earnings results on Tuesday, February 13th. The company reported $64.67 earnings per share (EPS) for the quarter. The business 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%.

Seaboard Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 20th. Investors of record on Friday, May 10th will be paid a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date of this dividend is Thursday, May 9th. Seaboard’s dividend payout ratio is currently 3.74%.

Seaboard 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.