New York State Common Retirement Fund Purchases 206 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

New York State Common Retirement Fund grew its position in Seaboard Co. (NYSEAMERICAN:SEB) by 34.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 811 shares of the company’s stock after acquiring an additional 206 shares during the period. New York State Common Retirement Fund owned 0.08% of Seaboard worth $2,895,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Janiczek Wealth Management LLC grew its stake in shares of Seaboard by 90.0% during the fourth quarter. Janiczek Wealth Management LLC now owns 19 shares of the company’s stock valued at $68,000 after purchasing an additional 9 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Seaboard by 38.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 61 shares of the company’s stock valued at $219,000 after buying an additional 17 shares during the last quarter. Signaturefd LLC increased its stake in shares of Seaboard by 60.5% in the 3rd quarter. Signaturefd LLC now owns 61 shares of the company’s stock valued at $229,000 after buying an additional 23 shares during the period. Dark Forest Capital Management LP bought a new stake in shares of Seaboard during the third quarter worth $233,000. Finally, Pzena Investment Management LLC lifted its stake in shares of Seaboard by 6.8% during the third quarter. Pzena Investment Management LLC now owns 78 shares of the company’s stock valued at $293,000 after acquiring an additional 5 shares during the period. Institutional investors own 22.57% of the company’s stock.

Seaboard Trading Down 0.0 %

Shares of Seaboard stock opened at $3,219.00 on Tuesday. Seaboard Co. has a 52 week low of $3,048.01 and a 52 week high of $3,942.64. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.54 and a quick ratio of 1.55. The firm has a market cap of $3.12 billion, a price-to-earnings ratio of 13.37 and a beta of 0.38.

Seaboard (NYSEAMERICAN:SEB) last released its earnings results on Tuesday, February 13th. The company reported $64.67 earnings per share for the quarter. Seaboard had a return on equity of 5.41% and a net margin of 2.85%. The firm had revenue of $2.28 billion for the quarter.

Seaboard Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 20th. Investors of record on Friday, May 10th will be paid a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a yield of 0.28%. The ex-dividend date is Thursday, May 9th. Seaboard’s payout ratio is 3.74%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. StockNews.com upgraded Seaboard from a “hold” rating to a “buy” rating in a research report on Saturday. TheStreet downgraded shares of Seaboard from a “b” rating to a “c+” rating in a research note on Thursday, February 15th.

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.