Jacobs Levy Equity Management Inc. Buys New Position in Seaboard Co. (NYSEAMERICAN:SEB)

Jacobs Levy Equity Management Inc. bought a new stake in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 218 shares of the company's stock, valued at approximately $530,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Quadrant Capital Group LLC increased its position in shares of Seaboard by 1,000.0% during the 4th quarter. Quadrant Capital Group LLC now owns 11 shares of the company's stock worth $27,000 after purchasing an additional 10 shares during the last quarter. Quarry LP acquired a new position in shares of Seaboard during the 4th quarter worth approximately $29,000. Sterling Capital Management LLC increased its position in shares of 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 purchasing an additional 4 shares during the last quarter. Deutsche Bank AG increased its position in shares of Seaboard by 37.0% during the 4th quarter. Deutsche Bank AG now owns 37 shares of the company's stock worth $90,000 after purchasing an additional 10 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Seaboard during the 4th quarter worth approximately $102,000. Institutional investors and hedge funds own 22.57% of the company's stock.

Seaboard Stock Down 0.9%

NYSEAMERICAN:SEB opened at $2,474.82 on Friday. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of 27.31 and a beta of 0.36. Seaboard Co. has a twelve month low of $2,365.00 and a twelve month high of $3,411.10. The stock's 50 day moving average price is $2,601.69 and its two-hundred day moving average price is $2,679.79. The company has a quick ratio of 1.50, a current ratio of 2.50 and a debt-to-equity ratio of 0.21.

Seaboard Announces Dividend

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 issued 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 is Thursday, May 8th. Seaboard's payout ratio is presently 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.

Want to see what other hedge funds are holding SEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Seaboard Co. (NYSEAMERICAN:SEB - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.