Private Management Group Inc. Has $15.98 Million Stock Position in Seaboard Co. (NYSEAMERICAN:SEB)

Private Management Group Inc. grew its position in Seaboard Co. (NYSEAMERICAN:SEB) by 15.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,475 shares of the company’s stock after buying an additional 589 shares during the quarter. Private Management Group Inc.’s holdings in Seaboard were worth $15,976,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SEB. Deutsche Bank AG boosted its holdings in shares of 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 period. Pacer Advisors Inc. boosted its holdings in shares of Seaboard by 54.8% during the fourth quarter. Pacer Advisors Inc. now owns 11,675 shares of the company’s stock worth $41,681,000 after purchasing an additional 4,134 shares during the period. DAVENPORT & Co LLC raised its position in Seaboard by 2.8% during the fourth quarter. DAVENPORT & Co LLC now owns 7,035 shares of the company’s stock valued at $25,137,000 after acquiring an additional 191 shares in the last quarter. AQR Capital Management LLC raised its position in Seaboard by 5.9% during the third quarter. AQR Capital Management LLC now owns 2,774 shares of the company’s stock valued at $10,411,000 after acquiring an additional 154 shares in the last quarter. Finally, Invesco Ltd. raised its position in Seaboard by 411.2% during the third quarter. Invesco Ltd. now owns 2,096 shares of the company’s stock valued at $7,866,000 after acquiring an additional 1,686 shares in the last quarter. 22.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Seaboard Trading Up 4.2 %

Shares of NYSEAMERICAN:SEB traded up $132.12 during trading on Tuesday, reaching $3,284.37. The stock had a trading volume of 4,428 shares, compared to its average volume of 2,893. Seaboard Co. has a 52 week low of $3,048.01 and a 52 week high of $4,080.11. The firm has a market cap of $3.19 billion, a price-to-earnings ratio of 16.08 and a beta of 0.41. The company has a quick ratio of 1.42, a current ratio of 2.52 and a debt-to-equity ratio of 0.22.

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

Seaboard Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 4th. Stockholders of record on Friday, February 23rd were given a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date was Thursday, February 22nd. Seaboard’s dividend payout ratio is 4.41%.

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.