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

Bfsg LLC increased its position in shares of Seaboard Co. (NYSEAMERICAN:SEB) by 4.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 124 shares of the company’s stock after buying an additional 5 shares during the quarter. Bfsg LLC’s holdings in Seaboard were worth $392,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Gladius Capital Management LP purchased a new position in shares of Seaboard in the second quarter valued at approximately $32,000. Covestor Ltd raised its position in Seaboard by 18.5% in the 1st quarter. Covestor Ltd now owns 32 shares of the company’s stock valued at $106,000 after purchasing an additional 5 shares in the last quarter. Janiczek Wealth Management LLC grew its position in shares of Seaboard by 115.8% during the first quarter. Janiczek Wealth Management LLC now owns 41 shares of the company’s stock worth $132,000 after buying an additional 22 shares in the last quarter. Brandes Investment Partners LP purchased a new stake in shares of Seaboard during the fourth quarter worth approximately $207,000. Finally, BNP Paribas Financial Markets lifted its stake in Seaboard by 36.7% in the first quarter. BNP Paribas Financial Markets now owns 67 shares of the company’s stock worth $216,000 after acquiring an additional 18 shares during the last quarter. 22.57% of the stock is currently owned by hedge funds and other institutional investors.

Seaboard Trading Down 0.4 %

SEB stock traded down $11.28 during trading on Thursday, hitting $3,109.14. The stock had a trading volume of 2,541 shares, compared to its average volume of 2,955. The company has a market capitalization of $3.02 billion, a price-to-earnings ratio of 12.92 and a beta of 0.35. The company has a current ratio of 2.45, a quick ratio of 1.47 and a debt-to-equity ratio of 0.21. Seaboard Co. has a 1-year low of $2,955.33 and a 1-year high of $3,850.00.

Seaboard (NYSEAMERICAN:SEB) last issued its quarterly earnings results on Tuesday, July 30th. The company reported $62.82 earnings per share (EPS) for the quarter. The firm had revenue of $2.21 billion for the quarter. Seaboard had a return on equity of 5.69% and a net margin of 3.01%.

Seaboard Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 19th. Investors of record on Friday, August 9th were issued a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 0.29%. The ex-dividend date of this dividend was Friday, August 9th. Seaboard’s payout ratio is currently 3.74%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Seaboard from a “hold” rating to a “buy” rating in a research note on Tuesday, August 20th.

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.