BNP Paribas Financial Markets Has $777,000 Stock Holdings in Seaboard Co. (NYSEAMERICAN:SEB)

BNP Paribas Financial Markets boosted its holdings in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 102.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 320 shares of the company's stock after buying an additional 162 shares during the period. BNP Paribas Financial Markets' holdings in Seaboard were worth $777,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Private Management Group Inc. increased its position in shares of Seaboard by 30.8% during the 4th quarter. Private Management Group Inc. now owns 8,541 shares of the company's stock worth $20,752,000 after purchasing an additional 2,010 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Seaboard by 46.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,800 shares of the company's stock worth $14,092,000 after purchasing an additional 1,838 shares in the last quarter. American Century Companies Inc. increased its position in shares of Seaboard by 5.9% during the 4th quarter. American Century Companies Inc. now owns 4,564 shares of the company's stock worth $11,089,000 after purchasing an additional 253 shares in the last quarter. Geode Capital Management LLC lifted its position in Seaboard by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 3,972 shares of the company's stock worth $9,654,000 after buying an additional 29 shares in the last quarter. Finally, Barclays PLC lifted its position in Seaboard by 48.6% during the 4th quarter. Barclays PLC now owns 2,795 shares of the company's stock worth $6,791,000 after buying an additional 914 shares in the last quarter. Institutional investors and hedge funds own 22.57% of the company's stock.

Seaboard Price Performance

NYSEAMERICAN SEB traded up $28.89 on Wednesday, hitting $2,673.14. 36 shares of the company were exchanged, compared to its average volume of 2,368. The firm has a 50 day moving average of $2,580.31 and a two-hundred day moving average of $2,671.38. The company has a market cap of $2.59 billion, a P/E ratio of 29.50 and a beta of 0.36. 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 Co. has a 1-year low of $2,365.00 and a 1-year high of $3,372.12.

Seaboard Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, May 19th. Stockholders of record on Thursday, May 8th were given a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a dividend yield of 0.34%. The ex-dividend date was Thursday, May 8th. Seaboard's dividend payout ratio is 9.93%.

Seaboard announced that its Board of Directors has authorized a share repurchase plan on Wednesday, May 21st that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its stock is undervalued.

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.