Diversified Trust Co Purchases Shares of 150 Seaboard Co. (NYSEAMERICAN:SEB)

Diversified Trust Co acquired a new position in shares of Seaboard Co. (NYSEAMERICAN:SEB) in the 1st quarter, Holdings Channel.com reports. The fund acquired 150 shares of the company’s stock, valued at approximately $484,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Janiczek Wealth Management LLC boosted its position in Seaboard by 90.0% during the 4th quarter. Janiczek Wealth Management LLC now owns 19 shares of the company’s stock worth $68,000 after acquiring an additional 9 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in Seaboard by 400.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 30 shares of the company’s stock worth $107,000 after purchasing an additional 24 shares during the last quarter. Brandes Investment Partners LP bought a new position in Seaboard in the fourth quarter valued at $207,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Seaboard by 38.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 61 shares of the company’s stock valued at $219,000 after buying an additional 17 shares during the last quarter. Finally, Bfsg LLC lifted its position in Seaboard by 3.8% during the 4th quarter. Bfsg LLC now owns 110 shares of the company’s stock worth $393,000 after buying an additional 4 shares in the last quarter. 22.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Seaboard from a “hold” rating to a “buy” rating in a report on Friday, May 10th.

Seaboard Stock Up 2.4 %

NYSEAMERICAN:SEB opened at $3,130.12 on Thursday. Seaboard Co. has a twelve month low of $2,955.33 and a twelve month high of $3,862.00. The company has a market cap of $3.04 billion, a price-to-earnings ratio of 12.70 and a beta of 0.35. The company has a current ratio of 2.54, a quick ratio of 1.55 and a debt-to-equity ratio of 0.21.

Seaboard (NYSEAMERICAN:SEB) last issued its earnings results on Tuesday, April 30th. The company reported $22.66 earnings per share for the quarter. Seaboard had a net margin of 2.85% and a return on equity of 5.41%. The business had revenue of $2.19 billion for the quarter.

Seaboard Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 20th. Stockholders of record on Friday, May 10th were paid a dividend of $2.25 per share. The ex-dividend date was Thursday, May 9th. This represents a $9.00 annualized dividend and a dividend yield of 0.29%. Seaboard’s dividend payout ratio is presently 3.74%.

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.