Sei Investments Co. Increases Stake in Seaboard Co. (NYSEAMERICAN:SEB)

Sei Investments Co. increased its holdings in Seaboard Co. (NYSEAMERICAN:SEB) by 9.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186 shares of the company’s stock after acquiring an additional 16 shares during the quarter. Sei Investments Co.’s holdings in Seaboard were worth $452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in SEB. Wilmington Savings Fund Society FSB purchased a new stake in Seaboard in the third quarter worth about $25,000. SG Americas Securities LLC purchased a new position in shares of Seaboard during the fourth quarter valued at about $102,000. Bfsg LLC increased its holdings in shares of Seaboard by 22.4% in the fourth quarter. Bfsg LLC now owns 71 shares of the company’s stock worth $173,000 after purchasing an additional 13 shares during the last quarter. Aigen Investment Management LP bought a new stake in shares of Seaboard in the fourth quarter worth about $209,000. Finally, Levin Capital Strategies L.P. purchased a new stake in shares of Seaboard in the fourth quarter worth about $219,000. 22.57% of the stock is owned by institutional investors.

Seaboard Price Performance

Seaboard stock opened at $2,568.99 on Thursday. Seaboard Co. has a 52-week low of $2,365.00 and a 52-week high of $3,412.00. The company has a market cap of $2.49 billion, a price-to-earnings ratio of 28.35 and a beta of 0.36. The firm’s fifty day moving average is $2,667.50 and its 200 day moving average is $2,721.39. The company has a quick ratio of 1.50, a current ratio of 2.50 and a debt-to-equity ratio of 0.21.

Seaboard Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Monday, February 24th were issued a dividend of $2.25 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $9.00 dividend on an annualized basis and a yield of 0.35%. Seaboard’s payout ratio is 9.93%.

About Seaboard

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.