American Century Companies Inc. Has $11.77 Million Holdings in Seaboard Co. (NYSEAMERICAN:SEB)

American Century Companies Inc. raised its position in shares of Seaboard Co. (NYSEAMERICAN:SEB) by 8.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 3,725 shares of the company’s stock after acquiring an additional 287 shares during the period. American Century Companies Inc.’s holdings in Seaboard were worth $11,774,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SEB. Gladius Capital Management LP acquired a new position in Seaboard during the 2nd quarter worth about $32,000. Innealta Capital LLC acquired a new position in shares of Seaboard during the second quarter worth approximately $60,000. Covestor Ltd grew its stake in shares of Seaboard by 18.5% during the first quarter. Covestor Ltd now owns 32 shares of the company’s stock valued at $106,000 after purchasing an additional 5 shares during the last quarter. Janiczek Wealth Management LLC increased its holdings in shares of Seaboard by 115.8% in the first quarter. Janiczek Wealth Management LLC now owns 41 shares of the company’s stock valued at $132,000 after purchasing an additional 22 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its position in Seaboard by 36.7% in the 1st quarter. BNP Paribas Financial Markets now owns 67 shares of the company’s stock worth $216,000 after purchasing an additional 18 shares during the last quarter. Institutional investors own 22.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Seaboard from a “buy” rating to a “hold” rating in a research report on Tuesday, September 17th.

Seaboard Stock Performance

Seaboard stock opened at $3,300.00 on Friday. Seaboard Co. has a 1 year low of $2,955.33 and a 1 year high of $3,825.00. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.47 and a current ratio of 2.45. The stock has a market cap of $3.20 billion, a price-to-earnings ratio of 13.71 and a beta of 0.35.

Seaboard (NYSEAMERICAN:SEB) last announced its quarterly earnings data on Tuesday, July 30th. The company reported $62.82 earnings per share for the quarter. Seaboard had a net margin of 3.01% and a return on equity of 5.69%. The business had revenue of $2.21 billion for the quarter.

Seaboard Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 19th. Investors of record on Friday, August 9th were issued a $2.25 dividend. The ex-dividend date was Friday, August 9th. This represents a $9.00 dividend on an annualized basis and a yield of 0.27%. 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.