Bfsg LLC Increases Holdings in Seaboard Co. (NYSEAMERICAN:SEB)

Bfsg LLC increased its position in Seaboard Co. (NYSEAMERICAN:SEB) by 3.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 110 shares of the company’s stock after purchasing an additional 4 shares during the period. Bfsg LLC’s holdings in Seaboard were worth $393,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Alaska Permanent Fund Corp bought a new stake in Seaboard during the fourth quarter worth approximately $1,189,000. Private Management Group Inc. grew its stake in shares of Seaboard by 15.2% during the fourth quarter. Private Management Group Inc. now owns 4,475 shares of the company’s stock valued at $15,976,000 after buying an additional 589 shares during the last quarter. New York State Common Retirement Fund grew its stake in shares of Seaboard by 34.0% during the fourth quarter. New York State Common Retirement Fund now owns 811 shares of the company’s stock valued at $2,895,000 after buying an additional 206 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Seaboard by 38.6% during the fourth 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. Finally, Janiczek Wealth Management LLC boosted 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 period. 22.57% of the stock is currently owned by hedge funds and other institutional investors.

Seaboard Price Performance

SEB traded up $1.55 during midday trading on Wednesday, hitting $3,285.92. 4,214 shares of the company were exchanged, compared to its average volume of 2,909. The company has a market capitalization of $3.19 billion, a P/E ratio of 16.09 and a beta of 0.41. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.42 and a current ratio of 2.52. Seaboard Co. has a 1-year low of $3,048.01 and a 1-year high of $4,080.11.

Seaboard (NYSEAMERICAN:SEB) last issued its quarterly earnings results on Tuesday, February 13th. The company reported $64.67 earnings per share for the quarter. Seaboard had a net margin of 2.36% and a return on equity of 4.55%. The firm had revenue of $2.28 billion for the quarter.

Seaboard Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 4th. Stockholders of record on Friday, February 23rd were paid a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date of this dividend was Thursday, February 22nd. Seaboard’s dividend payout ratio (DPR) is 4.41%.

Analyst Ratings Changes

Separately, TheStreet lowered Seaboard from a “b” rating to a “c+” rating in a report on Thursday, February 15th.

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.