Seaboard Co. (NYSEAMERICAN:SEB) Shares Bought by Bfsg LLC

Bfsg LLC raised its stake in Seaboard Co. (NYSEAMERICAN:SEB) by 22.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 71 shares of the company’s stock after purchasing an additional 13 shares during the quarter. Bfsg LLC’s holdings in Seaboard were worth $173,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new position in Seaboard during the 3rd quarter worth approximately $25,000. Farther Finance Advisors LLC purchased a new position in Seaboard during the 3rd quarter worth approximately $50,000. Covestor Ltd grew its stake in Seaboard by 21.2% during the 3rd quarter. Covestor Ltd now owns 40 shares of the company’s stock worth $127,000 after buying an additional 7 shares during the last quarter. SG Americas Securities LLC purchased a new position in Seaboard during the 4th quarter worth approximately $102,000. Finally, Versor Investments LP purchased a new position in Seaboard during the 3rd quarter worth approximately $216,000. Institutional investors and hedge funds own 22.57% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Seaboard from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th.

Seaboard Trading Down 1.2 %

Shares of SEB stock opened at $2,890.51 on Wednesday. Seaboard Co. has a twelve month low of $2,365.00 and a twelve month high of $3,600.94. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 32.30 and a beta of 0.36. The company has a current ratio of 2.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.21.

Seaboard Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, February 24th will be issued a $2.25 dividend. The ex-dividend date of this dividend is Monday, February 24th. This represents a $9.00 annualized dividend and a dividend yield of 0.31%. Seaboard’s dividend payout ratio is currently 9.93%.

Seaboard 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.