Alaska Permanent Fund Corp Takes $1.19 Million Position in Seaboard Co. (NYSEAMERICAN:SEB)

Alaska Permanent Fund Corp acquired a new stake in Seaboard Co. (NYSEAMERICAN:SEB) in the 4th quarter, Holdings Channel.com reports. The fund acquired 333 shares of the company’s stock, valued at approximately $1,189,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Janiczek Wealth Management LLC boosted its holdings in Seaboard by 90.0% in the fourth quarter. Janiczek Wealth Management LLC now owns 19 shares of the company’s stock valued at $68,000 after acquiring an additional 9 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Seaboard by 38.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 61 shares of the company’s stock valued at $219,000 after acquiring an additional 17 shares during the last quarter. Signaturefd LLC boosted its holdings in Seaboard by 60.5% in the third quarter. Signaturefd LLC now owns 61 shares of the company’s stock valued at $229,000 after acquiring an additional 23 shares during the last quarter. Dark Forest Capital Management LP bought a new stake in Seaboard in the third quarter valued at approximately $233,000. Finally, Pzena Investment Management LLC boosted its holdings in Seaboard by 6.8% in the third quarter. Pzena Investment Management LLC now owns 78 shares of the company’s stock valued at $293,000 after acquiring an additional 5 shares during the last quarter. Institutional investors and hedge funds own 22.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, TheStreet cut Seaboard from a “b” rating to a “c+” rating in a report on Thursday, February 15th.

Seaboard Trading Down 2.5 %

Shares of SEB opened at $3,205.33 on Friday. The firm has a market capitalization of $3.11 billion, a P/E ratio of 16.09 and a beta of 0.41. Seaboard Co. has a 12-month low of $3,048.01 and a 12-month high of $4,080.11. The company has a current ratio of 2.52, a quick ratio of 1.42 and a debt-to-equity ratio of 0.22.

Seaboard (NYSEAMERICAN:SEB) last released its quarterly earnings results on Tuesday, February 13th. The company reported $64.67 EPS for the quarter. Seaboard had a return on equity of 4.55% and a net margin of 2.36%. The business had revenue of $2.28 billion during the quarter.

Seaboard Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 4th. Investors of record on Friday, February 23rd were issued a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 0.28%. The ex-dividend date was Thursday, February 22nd. Seaboard’s dividend payout ratio (DPR) is currently 4.41%.

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.