Creative Planning Boosts Stock Holdings in Seaboard Corporation $SEB

Creative Planning increased its position in shares of Seaboard Corporation (NYSEAMERICAN:SEB) by 19.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 899 shares of the company’s stock after buying an additional 146 shares during the period. Creative Planning owned 0.09% of Seaboard worth $2,572,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Seaboard by 11.2% in the first quarter. Vanguard Group Inc. now owns 27,811 shares of the company’s stock worth $75,010,000 after acquiring an additional 2,792 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Seaboard by 22.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 7,124 shares of the company’s stock worth $19,214,000 after purchasing an additional 1,324 shares during the period. Bank of New York Mellon Corp boosted its position in Seaboard by 33.1% during the second quarter. Bank of New York Mellon Corp now owns 2,499 shares of the company’s stock worth $7,149,000 after purchasing an additional 622 shares in the last quarter. Nuveen LLC acquired a new stake in Seaboard in the first quarter valued at approximately $1,440,000. Finally, Algert Global LLC purchased a new stake in shares of Seaboard in the first quarter valued at approximately $1,268,000. Institutional investors and hedge funds own 22.57% of the company’s stock.

Seaboard Trading Up 2.5%

Shares of SEB stock opened at $4,392.36 on Tuesday. The stock has a 50 day simple moving average of $3,653.31 and a 200-day simple moving average of $3,316.76. Seaboard Corporation has a 1-year low of $2,365.00 and a 1-year high of $4,455.00. The company has a market cap of $4.22 billion, a price-to-earnings ratio of 10.70 and a beta of 0.22. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.44 and a quick ratio of 1.38.

Seaboard Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, November 7th were given a $2.25 dividend. The ex-dividend date was Friday, November 7th. This represents a $9.00 annualized dividend and a dividend yield of 0.2%. Seaboard’s dividend payout ratio (DPR) 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.