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Seaboard Co. (NYSEAMERICAN:SEB) Shares Bought by Two Sigma Investments LP

Seaboard logo with Consumer Staples background

Two Sigma Investments LP boosted its holdings in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 8.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,285 shares of the company's stock after acquiring an additional 337 shares during the period. Two Sigma Investments LP owned 0.44% of Seaboard worth $10,411,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Quadrant Capital Group LLC grew its holdings in shares of Seaboard by 1,000.0% in the fourth quarter. Quadrant Capital Group LLC now owns 11 shares of the company's stock valued at $27,000 after purchasing an additional 10 shares during the period. Quarry LP acquired a new position in shares of Seaboard in the 4th quarter valued at $29,000. Sterling Capital Management LLC boosted its stake in Seaboard by 36.4% during the fourth quarter. Sterling Capital Management LLC now owns 15 shares of the company's stock worth $36,000 after buying an additional 4 shares during the period. Deutsche Bank AG increased its holdings in Seaboard by 37.0% in the 4th quarter. Deutsche Bank AG now owns 37 shares of the company's stock valued at $90,000 after purchasing an additional 10 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Seaboard in the 4th quarter valued at $102,000. 22.57% of the stock is owned by hedge funds and other institutional investors.

Seaboard Stock Up 0.7%

NYSEAMERICAN:SEB traded up $19.04 during midday trading on Friday, reaching $2,723.50. The company had a trading volume of 433 shares, compared to its average volume of 2,370. The stock's fifty day simple moving average is $2,579.84 and its 200-day simple moving average is $2,668.50. 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 12-month low of $2,365.00 and a 12-month high of $3,361.12. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 30.06 and a beta of 0.36.

Seaboard Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Thursday, May 8th were issued a dividend of $2.25 per share. The ex-dividend date of this dividend was Thursday, May 8th. This represents a $9.00 annualized dividend and a dividend yield of 0.33%. Seaboard's payout ratio is 9.93%.

Seaboard announced that its board has authorized a stock buyback program on Wednesday, May 21st that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 4% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board believes its shares are undervalued.

Seaboard Company Profile

(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.

See Also

Institutional Ownership by Quarter for Seaboard (NYSEAMERICAN:SEB)

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