Alaska Permanent Fund Corp Invests $1.19 Million in Seaboard Co. (NYSEAMERICAN:SEB)

Alaska Permanent Fund Corp bought a new position in shares of Seaboard Co. (NYSEAMERICAN:SEB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 333 shares of the company’s stock, valued at approximately $1,189,000.

A number of other hedge funds have also bought and sold shares of the company. Deutsche Bank AG boosted its holdings in Seaboard by 15,133,323.3% during the third quarter. Deutsche Bank AG now owns 4,540,027 shares of the company’s stock worth $17,038,721,000 after purchasing an additional 4,539,997 shares during the last quarter. Pacer Advisors Inc. boosted its stake in shares of Seaboard by 54.8% in the 4th quarter. Pacer Advisors Inc. now owns 11,675 shares of the company’s stock valued at $41,681,000 after purchasing an additional 4,134 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Seaboard by 411.2% in the 3rd quarter. Invesco Ltd. now owns 2,096 shares of the company’s stock valued at $7,866,000 after purchasing an additional 1,686 shares in the last quarter. Private Management Group Inc. boosted its position in Seaboard by 15.2% during the 4th quarter. Private Management Group Inc. now owns 4,475 shares of the company’s stock valued at $15,976,000 after buying an additional 589 shares during the period. Finally, State Board of Administration of Florida Retirement System boosted its position in Seaboard by 114.7% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 981 shares of the company’s stock valued at $3,682,000 after buying an additional 524 shares during the period. Institutional investors own 22.57% of the company’s stock.

Seaboard Trading Down 2.5 %

SEB stock opened at $3,205.33 on Friday. The company has a current ratio of 2.52, a quick ratio of 1.42 and a debt-to-equity ratio of 0.22. Seaboard Co. has a twelve month low of $3,048.01 and a twelve month high of $4,080.11. The firm has a market cap of $3.11 billion, a price-to-earnings ratio of 16.09 and a beta of 0.41.

Seaboard (NYSEAMERICAN:SEB) last issued its earnings results on Tuesday, February 13th. The company reported $64.67 earnings per share (EPS) for the quarter. The firm had revenue of $2.28 billion during the quarter. Seaboard had a net margin of 2.36% and a return on equity of 4.55%.

Seaboard Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 4th. Shareholders of record on Friday, February 23rd were given a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a dividend yield of 0.28%. The ex-dividend date was Thursday, February 22nd. Seaboard’s payout ratio is 4.41%.

Analysts Set New Price Targets

Separately, TheStreet lowered shares of Seaboard from a “b” rating to a “c+” rating in a research note on Thursday, February 15th.

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.