Balyasny Asset Management L.P. Takes Position in Seaboard Co. (NYSEAMERICAN:SEB)

Balyasny Asset Management L.P. purchased a new stake in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 194 shares of the company's stock, valued at approximately $471,000.

Several other hedge funds also recently modified their holdings of the company. Quadrant Capital Group LLC lifted its position in shares of Seaboard by 1,000.0% during the fourth quarter. Quadrant Capital Group LLC now owns 11 shares of the company's stock worth $27,000 after purchasing an additional 10 shares in the last quarter. Quarry LP bought a new position in Seaboard in the 4th quarter worth approximately $29,000. Sterling Capital Management LLC lifted its holdings in Seaboard by 36.4% during the 4th quarter. Sterling Capital Management LLC now owns 15 shares of the company's stock worth $36,000 after buying an additional 4 shares in the last quarter. SG Americas Securities LLC bought a new position in Seaboard in the 4th quarter valued at $102,000. Finally, Bfsg LLC increased its stake in shares of Seaboard by 22.4% in the 4th quarter. Bfsg LLC now owns 71 shares of the company's stock valued at $173,000 after buying an additional 13 shares during the period. Institutional investors and hedge funds own 22.57% of the company's stock.

Seaboard Trading Up 0.5%

Shares of SEB traded up $13.40 during trading hours on Wednesday, hitting $2,486.40. 172 shares of the stock traded hands, compared to its average volume of 2,355. The business has a fifty day moving average of $2,594.30 and a 200-day moving average of $2,677.50. The firm has a market capitalization of $2.41 billion, a PE ratio of 27.44 and a beta of 0.36. Seaboard Co. has a 1-year low of $2,365.00 and a 1-year high of $3,411.10. 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Thursday, May 8th were paid a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date of this dividend was Thursday, May 8th. Seaboard's dividend payout ratio (DPR) 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.