Caxton Associates LP Purchases Shares of 382 Seaboard Co. (NYSEAMERICAN:SEB)

Caxton Associates LP bought a new position in Seaboard Co. (NYSEAMERICAN:SEB) during the 2nd quarter, Holdings Channel reports. The fund bought 382 shares of the company’s stock, valued at approximately $1,207,000.

Other large investors have also recently made changes to their positions in the company. Dean Capital Management raised its position in Seaboard by 0.7% during the fourth quarter. Dean Capital Management now owns 542 shares of the company’s stock valued at $1,935,000 after purchasing an additional 4 shares during the period. Covestor Ltd raised its position in 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 period. Bfsg LLC grew its stake in shares of Seaboard by 4.2% during the second quarter. Bfsg LLC now owns 124 shares of the company’s stock valued at $392,000 after buying an additional 5 shares during the last quarter. Gladius Capital Management LP bought a new position in shares of Seaboard during the second quarter valued at approximately $32,000. Finally, Diversified Trust Co grew its stake in shares of Seaboard by 8.7% during the second quarter. Diversified Trust Co now owns 163 shares of the company’s stock valued at $515,000 after buying an additional 13 shares during the last quarter. 22.57% of the stock is owned by institutional investors.

Seaboard Price Performance

Shares of NYSEAMERICAN:SEB opened at $3,152.00 on Thursday. Seaboard Co. has a 52-week low of $2,955.33 and a 52-week high of $3,804.85. The company has a market capitalization of $3.06 billion, a P/E ratio of 13.10 and a beta of 0.35. The company has a current ratio of 2.45, a quick ratio of 1.47 and a debt-to-equity ratio of 0.21.

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

Seaboard Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 19th. Shareholders of record on Friday, August 9th were given a dividend of $2.25 per share. The ex-dividend date of this dividend was Friday, August 9th. This represents a $9.00 annualized dividend and a yield of 0.29%. Seaboard’s dividend payout ratio (DPR) is presently 3.74%.

Wall Street Analyst Weigh In

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

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.