Dimensional Fund Advisors LP Purchases 1,081 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

Dimensional Fund Advisors LP increased its position in shares of Seaboard Co. (NYSEAMERICAN:SEB) by 2.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 45,989 shares of the company’s stock after buying an additional 1,081 shares during the quarter. Dimensional Fund Advisors LP owned 4.74% of Seaboard worth $145,358,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Massachusetts Financial Services Co. MA grew its holdings in shares of Seaboard by 10.1% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 925 shares of the company’s stock valued at $2,924,000 after acquiring an additional 85 shares in the last quarter. American Century Companies Inc. increased its position in shares of Seaboard by 8.3% during the 2nd quarter. American Century Companies Inc. now owns 3,725 shares of the company’s stock worth $11,774,000 after purchasing an additional 287 shares during the last quarter. Factorial Partners LLC acquired a new stake in shares of Seaboard in the 2nd quarter valued at approximately $3,834,000. Private Management Group Inc. grew its position in shares of Seaboard by 16.0% in the 2nd quarter. Private Management Group Inc. now owns 6,242 shares of the company’s stock valued at $19,729,000 after acquiring an additional 860 shares during the period. Finally, Quest Partners LLC grew its position in shares of Seaboard by 625.0% in the 2nd quarter. Quest Partners LLC now owns 116 shares of the company’s stock valued at $367,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 22.57% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Seaboard Stock Up 3.7 %

Shares of SEB stock opened at $3,300.00 on Friday. Seaboard Co. has a 52 week low of $2,955.33 and a 52 week high of $3,825.00. The stock has a market cap of $3.20 billion, a P/E ratio of 13.71 and a beta of 0.35. The company has a quick ratio of 1.47, a current ratio of 2.45 and a debt-to-equity ratio of 0.21.

Seaboard (NYSEAMERICAN:SEB) last released its quarterly earnings results 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 business had revenue of $2.21 billion during the quarter.

Seaboard Dividend Announcement

The firm 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 was Friday, August 9th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.27%. Seaboard’s payout ratio is presently 3.74%.

Seaboard 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.