AlphaQuest LLC lifted its holdings in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 8,525.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 345 shares of the company's stock after acquiring an additional 341 shares during the quarter. AlphaQuest LLC's holdings in Seaboard were worth $838,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in the business. Farther Finance Advisors LLC bought a new position in shares of Seaboard in the third quarter worth approximately $50,000. Covestor Ltd increased its position in shares of Seaboard by 21.2% in the third quarter. Covestor Ltd now owns 40 shares of the company's stock valued at $127,000 after acquiring an additional 7 shares during the period. Diamond Hill Capital Management Inc. raised its stake in shares of Seaboard by 27.6% during the third quarter. Diamond Hill Capital Management Inc. now owns 509 shares of the company's stock valued at $1,597,000 after acquiring an additional 110 shares during the last quarter. Versor Investments LP purchased a new stake in shares of Seaboard during the third quarter worth about $216,000. Finally, Victory Capital Management Inc. raised its position in Seaboard by 195.4% during the 3rd quarter. Victory Capital Management Inc. now owns 700 shares of the company's stock valued at $2,196,000 after purchasing an additional 463 shares during the last quarter. Hedge funds and other institutional investors own 22.57% of the company's stock.
Seaboard Stock Performance
Shares of NYSEAMERICAN SEB traded up $27.55 during midday trading on Friday, hitting $2,688.80. 1,353 shares of the company traded hands, compared to its average volume of 2,348. Seaboard Co. has a 12-month low of $2,365.00 and a 12-month high of $3,412.00. The company has a market capitalization of $2.61 billion, a price-to-earnings ratio of 29.67 and a beta of 0.36. The firm has a 50-day moving average of $2,579.22. The company has a current ratio of 2.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.21.
Seaboard Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, February 24th were given a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date of this dividend was Monday, February 24th. Seaboard's dividend payout ratio is presently 9.93%.
Seaboard Company Profile
(
Free Report)
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.
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