Brandes Investment Partners LP Purchases 195 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

Brandes Investment Partners LP raised its stake in shares of Seaboard Co. (NYSEAMERICAN:SEBFree Report) by 144.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 330 shares of the company’s stock after purchasing an additional 195 shares during the period. Brandes Investment Partners LP’s holdings in Seaboard were worth $802,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Private Management Group Inc. boosted its holdings in shares of Seaboard by 30.8% during the 4th 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. Charles Schwab Investment Management Inc. raised its position in shares of Seaboard by 46.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,800 shares of the company’s stock valued at $14,092,000 after buying an additional 1,838 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Seaboard by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 3,943 shares of the company’s stock valued at $12,373,000 after buying an additional 81 shares in the last quarter. Two Sigma Advisers LP raised its position in shares of Seaboard by 81.6% during the 3rd quarter. Two Sigma Advisers LP now owns 3,115 shares of the company’s stock valued at $9,772,000 after buying an additional 1,400 shares in the last quarter. Finally, Edgestream Partners L.P. raised its position in shares of Seaboard by 161.4% during the 4th quarter. Edgestream Partners L.P. now owns 2,172 shares of the company’s stock valued at $5,277,000 after buying an additional 1,341 shares in the last quarter. Institutional investors own 22.57% of the company’s stock.

Seaboard Trading Up 1.0 %

Shares of NYSEAMERICAN SEB opened at $2,688.80 on Friday. The firm’s 50-day simple moving average is $2,583.86. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.50 and a quick ratio of 1.50. The stock has a market cap of $2.61 billion, a PE ratio of 29.67 and a beta of 0.36. Seaboard Co. has a 12-month low of $2,365.00 and a 12-month high of $3,412.00.

Seaboard Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Monday, February 24th were given a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date was Monday, February 24th. Seaboard’s dividend payout ratio (DPR) is currently 9.93%.

About Seaboard

(Free Report)

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.

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Institutional Ownership by Quarter for Seaboard (NYSEAMERICAN:SEB)

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