Seaboard Co. (NYSEAMERICAN:SEB) Stake Boosted by Heartland Advisors Inc.

Heartland Advisors Inc. lifted its stake in Seaboard Co. (NYSEAMERICAN:SEB) by 33.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,600 shares of the company’s stock after acquiring an additional 400 shares during the quarter. Heartland Advisors Inc.’s holdings in Seaboard were worth $3,887,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of SEB. Private Management Group Inc. increased its position in Seaboard by 30.8% in the 4th quarter. Private Management Group Inc. now owns 8,541 shares of the company’s stock worth $20,752,000 after purchasing an additional 2,010 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Seaboard by 46.4% in 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. American Century Companies Inc. increased its holdings in Seaboard by 5.9% in the fourth quarter. American Century Companies Inc. now owns 4,564 shares of the company’s stock worth $11,089,000 after buying an additional 253 shares during the last quarter. Geode Capital Management LLC raised its position in Seaboard by 2.1% during the third quarter. Geode Capital Management LLC now owns 3,943 shares of the company’s stock valued at $12,373,000 after acquiring an additional 81 shares in the last quarter. Finally, Two Sigma Advisers LP lifted its stake in Seaboard by 81.6% in the third quarter. Two Sigma Advisers LP now owns 3,115 shares of the company’s stock valued at $9,772,000 after acquiring an additional 1,400 shares during the last quarter. 22.57% of the stock is currently owned by hedge funds and other institutional investors.

Seaboard Stock Up 1.7 %

SEB stock opened at $2,711.29 on Friday. The company has a market capitalization of $2.63 billion, a P/E ratio of 29.92 and a beta of 0.36. The business has a 50 day simple moving average of $2,634.74. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.50 and a quick ratio of 1.50. Seaboard Co. has a 12 month low of $2,365.00 and a 12 month high of $3,412.00.

Seaboard Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, February 24th were issued a dividend of $2.25 per share. The ex-dividend date was Monday, February 24th. This represents a $9.00 annualized dividend and a yield of 0.33%. Seaboard’s dividend payout ratio (DPR) is currently 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.