Oak Thistle LLC Makes New Investment in Seaboard Co. (NYSEAMERICAN:SEB)

Oak Thistle LLC bought a new position in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 104 shares of the company's stock, valued at approximately $253,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP lifted its holdings in Seaboard by 2.4% during the second quarter. Dimensional Fund Advisors LP now owns 45,989 shares of the company's stock valued at $145,358,000 after purchasing an additional 1,081 shares in the last quarter. AQR Capital Management LLC raised its stake in Seaboard by 81.4% during the second quarter. AQR Capital Management LLC now owns 9,204 shares of the company's stock worth $28,957,000 after purchasing an additional 4,129 shares during the period. Private Management Group Inc. lifted its holdings in Seaboard by 4.6% in the third quarter. Private Management Group Inc. now owns 6,531 shares of the company's stock valued at $20,488,000 after acquiring an additional 289 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Seaboard by 20.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,962 shares of the company's stock valued at $12,429,000 after purchasing an additional 663 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Seaboard by 2.1% during the third quarter. Geode Capital Management LLC now owns 3,943 shares of the company's stock worth $12,373,000 after buying an additional 81 shares during the period. Institutional investors and hedge funds own 22.57% of the company's stock.

Seaboard Price Performance

Shares of NYSEAMERICAN SEB traded up $12.01 during midday trading on Friday, hitting $2,474.54. 1,828 shares of the company's stock were exchanged, compared to its average volume of 2,276. The firm has a market capitalization of $2.40 billion, a PE ratio of -752.14 and a beta of 0.36. Seaboard Co. has a twelve month low of $2,365.00 and a twelve month high of $3,779.52. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.50 and a current ratio of 2.44.

Seaboard (NYSEAMERICAN:SEB - Get Free Report) last posted its earnings results on Tuesday, October 29th. The company reported ($153.44) EPS for the quarter. The firm had revenue of $2.22 billion for the quarter. Seaboard had a negative return on equity of 0.04% and a negative net margin of 0.02%.

Seaboard Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were issued a $2.25 dividend. This represents a $9.00 annualized dividend and a dividend yield of 0.36%. The ex-dividend date was Friday, November 8th. Seaboard's payout ratio is -273.56%.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Seaboard from a "buy" rating to a "hold" rating in a report on Wednesday, November 6th.

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.