Two Sigma Advisers LP Acquires 1,400 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

Two Sigma Advisers LP grew its position in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 81.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 3,115 shares of the company's stock after buying an additional 1,400 shares during the period. Two Sigma Advisers LP owned 0.32% of Seaboard worth $9,772,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC lifted its stake in Seaboard by 81.4% in the second quarter. AQR Capital Management LLC now owns 9,204 shares of the company's stock valued at $28,957,000 after buying an additional 4,129 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of Seaboard by 91.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,981 shares of the company's stock valued at $9,422,000 after purchasing an additional 1,421 shares during the last quarter. Factorial Partners LLC bought a new position in Seaboard during the second quarter worth about $3,834,000. Dimensional Fund Advisors LP increased its stake in Seaboard by 2.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 45,989 shares of the company's stock worth $145,358,000 after acquiring an additional 1,081 shares during the period. Finally, National Bank of Canada FI acquired a new position in shares of Seaboard in the 2nd quarter valued at approximately $3,344,000. Institutional investors own 22.57% of the company's stock.

Analysts Set New Price Targets

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

Seaboard Stock Down 2.0 %

Shares of NYSEAMERICAN SEB traded down $53.16 during midday trading on Tuesday, reaching $2,591.45. The stock had a trading volume of 2,249 shares, compared to its average volume of 2,800. 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 Co. has a twelve month low of $2,531.31 and a twelve month high of $3,796.00. The company has a market capitalization of $2.51 billion, a P/E ratio of -803.92 and a beta of 0.36.

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

Seaboard Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were issued a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date was Friday, November 8th. Seaboard's dividend payout ratio is currently -273.56%.

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.