Crestline Management LP Takes Position in Seaboard Co. (NYSEAMERICAN:SEB)

Crestline Management LP bought a new stake in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 189 shares of the company's stock, valued at approximately $459,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Centiva Capital LP purchased a new position in shares of Seaboard in the 4th quarter valued at $287,000. Balyasny Asset Management L.P. purchased a new position in Seaboard during the 4th quarter worth $471,000. Bank of America Corp DE grew its stake in Seaboard by 8.3% during the 4th quarter. Bank of America Corp DE now owns 967 shares of the company's stock worth $2,349,000 after buying an additional 74 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Seaboard by 102.5% during the 4th quarter. BNP Paribas Financial Markets now owns 320 shares of the company's stock worth $777,000 after buying an additional 162 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in Seaboard by 175.3% during the 4th quarter. Jane Street Group LLC now owns 1,203 shares of the company's stock worth $2,923,000 after buying an additional 766 shares during the last quarter. 22.57% of the stock is owned by institutional investors.

Seaboard Stock Down 0.7%

SEB stock traded down $16.39 on Friday, hitting $2,481.57. 370 shares of the company's stock were exchanged, compared to its average volume of 2,373. Seaboard Co. has a 12-month low of $2,365.00 and a 12-month high of $3,411.10. The firm has a 50 day moving average price of $2,605.88 and a two-hundred day moving average price of $2,681.06. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.50 and a current ratio of 2.50. The stock has a market cap of $2.41 billion, a P/E ratio of 27.46 and a beta of 0.36.

Seaboard Dividend Announcement

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