Squarepoint Ops LLC Invests $539,000 in Seaboard Co. (NYSEAMERICAN:SEB)

Squarepoint Ops LLC acquired a new stake in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 222 shares of the company's stock, valued at approximately $539,000.

Other institutional investors have also recently bought and sold shares of the company. Barclays PLC lifted its holdings in shares of Seaboard by 382.3% during the 3rd quarter. Barclays PLC now owns 1,881 shares of the company's stock worth $5,900,000 after acquiring an additional 1,491 shares during the period. SG Americas Securities LLC bought a new stake in shares of Seaboard during the 4th quarter worth approximately $102,000. Private Management Group Inc. lifted its holdings 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 acquiring an additional 2,010 shares during the period. Wilmington Savings Fund Society FSB lifted its holdings in shares of Seaboard by 1,937.5% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 163 shares of the company's stock worth $396,000 after acquiring an additional 155 shares during the period. Finally, Rhumbline Advisers lifted its holdings in shares of Seaboard by 0.9% during the 4th quarter. Rhumbline Advisers now owns 931 shares of the company's stock worth $2,262,000 after acquiring an additional 8 shares during the period. Institutional investors own 22.57% of the company's stock.

Seaboard Price Performance

Shares of Seaboard stock traded up $38.64 on Thursday, reaching $2,768.24. 2,042 shares of the stock were exchanged, compared to its average volume of 2,380. The firm's 50 day moving average is $2,585.54 and its 200-day moving average is $2,670.08. Seaboard Co. has a one year low of $2,365.00 and a one year high of $3,300.00. 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 firm has a market cap of $2.69 billion, a PE ratio of 30.55 and a beta of 0.36.

Seaboard Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 19th. Stockholders of record on Thursday, May 8th were issued a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date of this dividend was Thursday, May 8th. Seaboard's dividend payout ratio (DPR) is presently 9.93%.

Seaboard declared that its Board of Directors has approved a stock buyback plan on Wednesday, May 21st that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to buy up to 4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its shares are 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.