Factorial Partners LLC Raises Position in Seaboard Co. (NYSEAMERICAN:SEB)

Factorial Partners LLC increased its position in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 44.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,756 shares of the company's stock after buying an additional 543 shares during the period. Seaboard comprises approximately 3.2% of Factorial Partners LLC's holdings, making the stock its 4th largest holding. Factorial Partners LLC owned about 0.18% of Seaboard worth $5,509,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SEB. Bfsg LLC lifted its position in Seaboard by 4.2% in the 2nd quarter. Bfsg LLC now owns 124 shares of the company's stock valued at $392,000 after purchasing an additional 5 shares during the last quarter. Covestor Ltd grew its holdings in Seaboard by 18.5% during the first quarter. Covestor Ltd now owns 32 shares of the company's stock worth $106,000 after purchasing an additional 5 shares during the period. Gladius Capital Management LP acquired a new stake in Seaboard during the second quarter worth approximately $32,000. The Manufacturers Life Insurance Company raised its holdings in Seaboard by 4.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 250 shares of the company's stock valued at $790,000 after buying an additional 10 shares during the last quarter. Finally, Diversified Trust Co boosted its stake in Seaboard by 8.7% during the second quarter. Diversified Trust Co now owns 163 shares of the company's stock worth $515,000 after acquiring an additional 13 shares in the last quarter. 22.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Seaboard Price Performance

Shares of NYSEAMERICAN SEB traded up $3.70 during midday trading on Wednesday, hitting $2,656.12. 1,643 shares of the stock traded hands, compared to its average volume of 2,823. Seaboard Co. has a one year low of $2,580.28 and a one year high of $3,796.00. The stock has a market capitalization of $2.58 billion, a price-to-earnings ratio of -802.43 and a beta of 0.37. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.44 and a quick ratio of 1.50.

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

Seaboard Announces Dividend

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

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.