American Century Companies Inc. Purchases 837 Shares of Seaboard Corporation $SEB

American Century Companies Inc. increased its position in Seaboard Corporation (NYSEAMERICAN:SEB) by 18.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 5,485 shares of the company’s stock after acquiring an additional 837 shares during the period. American Century Companies Inc.’s holdings in Seaboard were worth $15,694,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SEB. Vanguard Group Inc. lifted its stake in Seaboard by 11.2% in the first quarter. Vanguard Group Inc. now owns 27,811 shares of the company’s stock valued at $75,010,000 after acquiring an additional 2,792 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Seaboard by 22.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 7,124 shares of the company’s stock valued at $19,214,000 after purchasing an additional 1,324 shares in the last quarter. Rhumbline Advisers lifted its stake in shares of Seaboard by 94.8% in the 2nd quarter. Rhumbline Advisers now owns 1,837 shares of the company’s stock valued at $5,256,000 after purchasing an additional 894 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Seaboard by 33.1% in the second quarter. Bank of New York Mellon Corp now owns 2,499 shares of the company’s stock worth $7,149,000 after purchasing an additional 622 shares in the last quarter. Finally, Nuveen LLC bought a new stake in Seaboard in the first quarter worth $1,440,000. Institutional investors own 22.57% of the company’s stock.

Seaboard Price Performance

NYSEAMERICAN SEB opened at $4,689.72 on Wednesday. Seaboard Corporation has a fifty-two week low of $2,365.00 and a fifty-two week high of $4,785.00. The stock’s 50-day moving average is $3,761.52 and its two-hundred day moving average is $3,407.68. The firm has a market cap of $4.50 billion, a P/E ratio of 11.43 and a beta of 0.22. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.44 and a quick ratio of 1.38.

Seaboard (NYSEAMERICAN:SEB) last released its quarterly earnings results on Tuesday, October 28th. The company reported $113.71 earnings per share (EPS) for the quarter. The company had revenue of $2.54 billion during the quarter. Seaboard had a return on equity of 8.21% and a net margin of 4.04%.

Seaboard Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, November 7th were issued a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, November 7th. Seaboard’s dividend payout ratio (DPR) is 9.93%.

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.