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

American Century Companies Inc. lifted its holdings in Seaboard Co. (NYSEAMERICAN:SEB) by 8.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,725 shares of the company’s stock after buying an additional 287 shares during the period. American Century Companies Inc. owned about 0.38% of Seaboard worth $11,774,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Gladius Capital Management LP purchased a new stake in Seaboard in the 2nd quarter worth approximately $32,000. Innealta Capital LLC acquired a new position in Seaboard in the second quarter worth approximately $60,000. 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 acquiring an additional 5 shares in the last quarter. Janiczek Wealth Management LLC lifted its stake in 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 acquiring an additional 22 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in Seaboard by 36.7% in the first quarter. BNP Paribas Financial Markets now owns 67 shares of the company’s stock worth $216,000 after acquiring an additional 18 shares in the last quarter. Hedge funds and other institutional investors own 22.57% of the company’s stock.

Seaboard Stock Up 3.7 %

Shares of SEB stock opened at $3,300.00 on Friday. The firm has a market cap of $3.20 billion, a P/E ratio of 13.71 and a beta of 0.35. 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.

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

Seaboard Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 19th. Investors of record on Friday, August 9th were given a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 0.27%. The ex-dividend date was Friday, August 9th. Seaboard’s dividend payout ratio (DPR) is presently 3.74%.

Wall Street Analysts Forecast Growth

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

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.