Barclays PLC Increases Stock Holdings in Seaboard Co. (NYSEAMERICAN:SEB)

Barclays PLC boosted its holdings in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 382.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,881 shares of the company's stock after purchasing an additional 1,491 shares during the quarter. Barclays PLC owned about 0.19% of Seaboard worth $5,900,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its stake in Seaboard by 2.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 45,989 shares of the company's stock worth $145,358,000 after purchasing an additional 1,081 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Seaboard by 81.4% in the second quarter. AQR Capital Management LLC now owns 9,204 shares of the company's stock worth $28,957,000 after buying an additional 4,129 shares in the last quarter. Private Management Group Inc. boosted its stake in Seaboard by 4.6% during the third quarter. Private Management Group Inc. now owns 6,531 shares of the company's stock valued at $20,488,000 after buying an additional 289 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Seaboard by 20.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,962 shares of the company's stock valued at $12,429,000 after buying an additional 663 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in Seaboard by 8.3% in the 2nd quarter. American Century Companies Inc. now owns 3,725 shares of the company's stock worth $11,774,000 after acquiring an additional 287 shares during the last quarter. Institutional investors own 22.57% of the company's stock.

Seaboard Trading Up 0.3 %

NYSEAMERICAN SEB traded up $8.09 on Friday, reaching $2,461.99. 5,951 shares of the stock traded hands, compared to its average volume of 2,805. Seaboard Co. has a 12 month low of $2,413.00 and a 12 month high of $3,796.00. The firm has a market cap of $2.39 billion, a PE ratio of -748.32 and a beta of 0.35. The company has a quick ratio of 1.50, a current ratio of 2.44 and a debt-to-equity ratio of 0.22.

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

Seaboard Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were given a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend was Friday, November 8th. Seaboard's payout ratio is currently -273.56%.

Wall Street Analysts Forecast Growth

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

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.