Seaboard Co. (NYSEAMERICAN:SEB) Shares Purchased by Two Sigma Advisers LP

Two Sigma Advisers LP increased its stake in shares of Seaboard Co. (NYSEAMERICAN:SEB) by 70.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 5,315 shares of the company’s stock after acquiring an additional 2,200 shares during the period. Two Sigma Advisers LP owned approximately 0.55% of Seaboard worth $12,914,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SEB. Sterling Capital Management LLC raised its position in shares of Seaboard by 36.4% in the 4th quarter. Sterling Capital Management LLC now owns 15 shares of the company’s stock valued at $36,000 after purchasing an additional 4 shares in the last quarter. Rhumbline Advisers raised its position in shares of Seaboard by 0.9% in the 4th quarter. Rhumbline Advisers now owns 931 shares of the company’s stock valued at $2,262,000 after purchasing an additional 8 shares in the last quarter. Quadrant Capital Group LLC raised its position in shares of Seaboard by 1,000.0% in the 4th quarter. Quadrant Capital Group LLC now owns 11 shares of the company’s stock valued at $27,000 after purchasing an additional 10 shares in the last quarter. Deutsche Bank AG raised its position in shares of 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 in the last quarter. Finally, Quarry LP acquired a new position in shares of Seaboard in the 4th quarter valued at approximately $29,000. 22.57% of the stock is owned by institutional investors and hedge funds.

Seaboard Stock Performance

SEB stock opened at $2,595.00 on Friday. The company has a current ratio of 2.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.21. The firm has a market cap of $2.52 billion, a P/E ratio of 28.64 and a beta of 0.36. Seaboard Co. has a 12-month low of $2,365.00 and a 12-month high of $3,411.10. The stock’s 50 day simple moving average is $2,587.22 and its 200 day simple moving average is $2,672.82.

Seaboard Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 19th. Investors 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 0.35%. The ex-dividend date of this dividend was Thursday, May 8th. Seaboard’s dividend payout ratio is currently 9.93%.

Seaboard declared that its Board of Directors has approved a share buyback program 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 stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

About Seaboard

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.