Inceptionr LLC Takes $430,000 Position in Seaboard Co. (NYSEAMERICAN:SEB)

Inceptionr LLC purchased a new stake in shares of Seaboard Co. (NYSEAMERICAN:SEB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 177 shares of the company’s stock, valued at approximately $430,000.

Several other hedge funds have also modified their holdings of the stock. Cerity Partners LLC lifted its holdings in Seaboard by 263.5% in the third quarter. Cerity Partners LLC now owns 1,403 shares of the company’s stock valued at $4,401,000 after buying an additional 1,017 shares during the period. Victory Capital Management Inc. lifted its holdings in Seaboard by 195.4% in the third quarter. Victory Capital Management Inc. now owns 700 shares of the company’s stock valued at $2,196,000 after buying an additional 463 shares during the period. Wilmington Savings Fund Society FSB lifted its holdings in Seaboard by 1,937.5% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 163 shares of the company’s stock valued at $396,000 after buying an additional 155 shares during the period. Factorial Partners LLC lifted its holdings in Seaboard by 44.8% in the third quarter. Factorial Partners LLC now owns 1,756 shares of the company’s stock valued at $5,509,000 after buying an additional 543 shares during the period. Finally, Two Sigma Advisers LP lifted its holdings in Seaboard by 81.6% in the third quarter. Two Sigma Advisers LP now owns 3,115 shares of the company’s stock valued at $9,772,000 after buying an additional 1,400 shares during the period. 22.57% of the stock is owned by institutional investors.

Seaboard Price Performance

Shares of NYSEAMERICAN SEB opened at $2,976.63 on Friday. The firm has a 50 day simple moving average of $2,561.49. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.50 and a quick ratio of 1.50. The firm has a market capitalization of $2.89 billion, a price-to-earnings ratio of 32.85 and a beta of 0.36. Seaboard Co. has a fifty-two week low of $2,365.00 and a fifty-two week high of $3,412.00.

Seaboard Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, February 24th were issued a $2.25 dividend. The ex-dividend date of this dividend was Monday, February 24th. This represents a $9.00 annualized dividend and a yield of 0.30%. Seaboard’s dividend payout ratio (DPR) is presently 9.93%.

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.