Parallel Advisors LLC Purchases 11 Shares of Seaboard Corporation $SEB

Parallel Advisors LLC grew its position in Seaboard Corporation (NYSEAMERICAN:SEB) by 11.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 109 shares of the company’s stock after acquiring an additional 11 shares during the period. Parallel Advisors LLC’s holdings in Seaboard were worth $312,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Rhumbline Advisers raised its position in Seaboard by 1.3% in the 1st quarter. Rhumbline Advisers now owns 943 shares of the company’s stock worth $2,543,000 after purchasing an additional 12 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Seaboard by 28.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 872 shares of the company’s stock worth $2,352,000 after purchasing an additional 193 shares during the last quarter. Caxton Associates LLP bought a new position in Seaboard in the 1st quarter worth approximately $351,000. PDT Partners LLC raised its position in Seaboard by 13.9% in the 1st quarter. PDT Partners LLC now owns 491 shares of the company’s stock worth $1,324,000 after purchasing an additional 60 shares during the last quarter. Finally, Algert Global LLC bought a new position in Seaboard in the 1st quarter worth approximately $1,268,000. Institutional investors own 22.57% of the company’s stock.

Seaboard Stock Performance

SEB stock opened at $3,500.20 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.40 and a quick ratio of 1.38. The company has a 50 day moving average price of $3,542.71 and a 200 day moving average price of $2,980.90. Seaboard Corporation has a fifty-two week low of $2,365.00 and a fifty-two week high of $4,038.54. The stock has a market capitalization of $3.36 billion, a PE ratio of 24.42 and a beta of 0.21.

Seaboard Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 18th. Investors of record on Friday, August 8th were given a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, August 8th. Seaboard’s payout ratio is 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.