UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 254 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 59.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 679 shares of the company's stock after purchasing an additional 254 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.07% of Seaboard worth $1,650,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SEB. Wilmington Savings Fund Society FSB raised its stake in 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. Millennium Management LLC raised its stake in Seaboard by 201.4% during the 4th quarter. Millennium Management LLC now owns 2,933 shares of the company's stock worth $7,126,000 after acquiring an additional 1,960 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in Seaboard during the 4th quarter worth approximately $374,000. The Manufacturers Life Insurance Company raised its stake in Seaboard by 9.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 265 shares of the company's stock worth $644,000 after acquiring an additional 22 shares during the period. Finally, Deutsche Bank AG raised its stake in Seaboard by 37.0% during the 4th quarter. Deutsche Bank AG now owns 37 shares of the company's stock worth $90,000 after acquiring an additional 10 shares during the period. Institutional investors own 22.57% of the company's stock.

Seaboard Stock Performance

NYSEAMERICAN SEB traded down $14.49 on Wednesday, reaching $2,711.24. 1,316 shares of the stock were exchanged, compared to its average volume of 2,387. Seaboard Co. has a one year low of $2,365.00 and a one year high of $3,300.00. The firm has a market capitalization of $2.63 billion, a PE ratio of 29.92 and a beta of 0.36. The company's 50-day simple moving average is $2,588.88 and its two-hundred day simple moving average is $2,662.72. 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 announced that its Board of Directors has initiated a share repurchase plan on Wednesday, May 21st that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the company to repurchase up to 4% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

Seaboard Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 19th. Shareholders 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 yield of 0.33%. The ex-dividend date was Thursday, May 8th. Seaboard's dividend payout ratio (DPR) is currently 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.