Creative Planning Buys 136 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

Creative Planning increased its holdings in Seaboard Co. (NYSEAMERICAN:SEB) by 92.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 283 shares of the company’s stock after acquiring an additional 136 shares during the period. Creative Planning’s holdings in Seaboard were worth $888,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Virtu Financial LLC bought a new position in shares of Seaboard in the first quarter valued at approximately $550,000. DAVENPORT & Co LLC lifted its stake in Seaboard by 4.8% in the first quarter. DAVENPORT & Co LLC now owns 7,372 shares of the company’s stock valued at $23,608,000 after purchasing an additional 337 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in Seaboard in the first quarter valued at approximately $1,847,000. Rhumbline Advisers lifted its stake in Seaboard by 44.9% in the second quarter. Rhumbline Advisers now owns 913 shares of the company’s stock valued at $2,886,000 after purchasing an additional 283 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its stake in Seaboard by 2,337.5% in the first quarter. Lazard Asset Management LLC now owns 390 shares of the company’s stock valued at $1,257,000 after purchasing an additional 374 shares during the last quarter. 22.57% of the stock is owned by institutional investors.

Seaboard Price Performance

SEB opened at $2,669.14 on Friday. The firm has a market capitalization of $2.59 billion, a P/E ratio of -811.29 and a beta of 0.35. The company has a current ratio of 2.44, a quick ratio of 1.47 and a debt-to-equity ratio of 0.22. Seaboard Co. has a 52 week low of $2,650.00 and a 52 week high of $3,796.00.

Seaboard (NYSEAMERICAN:SEB) last announced its quarterly earnings data on Tuesday, October 29th. The company reported ($153.44) earnings per share (EPS) for the quarter. Seaboard had a negative net margin of 0.02% and a negative return on equity of 0.04%. The company had revenue of $2.22 billion for the quarter.

Seaboard Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 18th. Stockholders of record on Friday, November 8th will be issued a dividend of $2.25 per share. The ex-dividend date of this dividend is Friday, November 8th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.34%. Seaboard’s dividend payout ratio is currently -273.56%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Seaboard from a “hold” rating to a “buy” rating in a research report on Tuesday.

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.