Barclays PLC Purchases 914 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

Barclays PLC boosted its holdings in Seaboard Co. (NYSEAMERICAN:SEB) by 48.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,795 shares of the company’s stock after buying an additional 914 shares during the period. Barclays PLC’s holdings in Seaboard were worth $6,791,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Private Management Group Inc. raised its position in shares of Seaboard by 30.8% during the fourth quarter. Private Management Group Inc. now owns 8,541 shares of the company’s stock worth $20,752,000 after acquiring an additional 2,010 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in 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 purchasing an additional 1,838 shares during the period. Edgestream Partners L.P. lifted its position in shares of Seaboard by 161.4% in the 4th quarter. Edgestream Partners L.P. now owns 2,172 shares of the company’s stock worth $5,277,000 after purchasing an additional 1,341 shares during the period. Heartland Advisors Inc. boosted its stake in shares of Seaboard by 33.3% in the 4th quarter. Heartland Advisors Inc. now owns 1,600 shares of the company’s stock valued at $3,887,000 after purchasing an additional 400 shares during the last quarter. Finally, AlphaQuest LLC increased its position in shares of Seaboard by 8,525.0% during the fourth quarter. AlphaQuest LLC now owns 345 shares of the company’s stock worth $838,000 after buying an additional 341 shares during the period. 22.57% of the stock is currently owned by institutional investors and hedge funds.

Seaboard Price Performance

SEB stock opened at $2,628.02 on Friday. The company has a quick ratio of 1.50, a current ratio of 2.50 and a debt-to-equity ratio of 0.21. The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 29.00 and a beta of 0.36. The company’s fifty day simple moving average is $2,688.26 and its 200 day simple moving average is $2,703.04. Seaboard Co. has a 12-month low of $2,365.00 and a 12-month high of $3,412.00.

Seaboard Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Monday, February 24th were given a dividend of $2.25 per share. The ex-dividend date was Monday, February 24th. This represents a $9.00 annualized dividend and a dividend yield of 0.34%. 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.