Pacer Advisors Inc. Acquires 4,134 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

Pacer Advisors Inc. raised its holdings in Seaboard Co. (NYSEAMERICAN:SEBFree Report) by 54.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,675 shares of the company’s stock after buying an additional 4,134 shares during the period. Pacer Advisors Inc. owned about 1.20% of Seaboard worth $41,681,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in SEB. MetLife Investment Management LLC bought a new position in Seaboard during the first quarter worth about $25,000. Tower Research Capital LLC TRC boosted its position in shares of Seaboard by 233.3% in the first quarter. Tower Research Capital LLC TRC now owns 10 shares of the company’s stock valued at $38,000 after acquiring an additional 7 shares during the period. Huntington National Bank bought a new stake in Seaboard during the second quarter valued at approximately $39,000. Citigroup Inc. lifted its position in Seaboard by 75.0% during the second quarter. Citigroup Inc. now owns 14 shares of the company’s stock valued at $50,000 after purchasing an additional 6 shares during the last quarter. Finally, Atlas Capital Advisors LLC bought a new stake in Seaboard during the first quarter valued at approximately $83,000. Hedge funds and other institutional investors own 22.57% of the company’s stock.

Seaboard Stock Down 0.9 %

NYSEAMERICAN SEB opened at $3,203.21 on Tuesday. The stock has a market cap of $3.11 billion, a PE ratio of 15.83 and a beta of 0.41. Seaboard Co. has a 52 week low of $3,145.02 and a 52 week high of $4,080.11. The company has a quick ratio of 1.42, a current ratio of 2.52 and a debt-to-equity ratio of 0.22.

Seaboard (NYSEAMERICAN:SEBGet Free Report) last posted its earnings results on Tuesday, February 13th. The company reported $64.67 EPS for the quarter. Seaboard had a return on equity of 4.55% and a net margin of 2.36%. The firm had revenue of $2.28 billion during the quarter.

Seaboard Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 4th. Investors of record on Friday, February 23rd were given a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date was Thursday, February 22nd. Seaboard’s payout ratio is currently 4.41%.

Wall Street Analysts Forecast Growth

Several research firms have commented on SEB. TheStreet downgraded shares of Seaboard from a “b” rating to a “c+” rating in a research note on Thursday, February 15th. StockNews.com downgraded shares of Seaboard from a “buy” rating to a “hold” rating in a research note on Thursday, December 14th.

View Our Latest Research Report on SEB

About Seaboard

(Free Report)

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.

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Institutional Ownership by Quarter for Seaboard (NYSEAMERICAN:SEB)

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