Hsbc Holdings PLC Increases Stake in Seaboard Co. (NYSEAMERICAN:SEB)

Hsbc Holdings PLC raised its holdings in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 24.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 635 shares of the company's stock after buying an additional 126 shares during the quarter. Hsbc Holdings PLC owned 0.07% of Seaboard worth $1,533,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB raised its position in shares of Seaboard by 1,937.5% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 163 shares of the company's stock worth $396,000 after purchasing an additional 155 shares during the period. Y Intercept Hong Kong Ltd bought a new position in shares of Seaboard in the fourth quarter valued at $374,000. Barclays PLC lifted its stake in shares of Seaboard by 382.3% in the third quarter. Barclays PLC now owns 1,881 shares of the company's stock valued at $5,900,000 after buying an additional 1,491 shares in the last quarter. Wedmont Private Capital acquired a new position in shares of Seaboard during the fourth quarter valued at about $311,000. Finally, Private Management Group Inc. increased its position in shares of Seaboard by 30.8% during the fourth 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 in the last quarter. Institutional investors and hedge funds own 22.57% of the company's stock.

Seaboard Stock Down 1.1 %

NYSEAMERICAN SEB traded down $27.60 during trading hours on Monday, hitting $2,564.50. The company's stock had a trading volume of 1,755 shares, compared to its average volume of 2,557. The company has a market capitalization of $2.49 billion, a PE ratio of 28.30 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 52 week low of $2,365.00 and a 52 week high of $3,412.00. The company's 50-day simple moving average is $2,662.92 and its two-hundred day simple moving average is $2,695.45.

Seaboard Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 19th. Investors of record on Thursday, May 8th will be given a dividend of $2.25 per share. The ex-dividend date of this dividend is Thursday, May 8th. This represents a $9.00 annualized dividend and a dividend yield of 0.35%. Seaboard's payout ratio is 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.