Bank of New York Mellon Corp Sells 264 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

Bank of New York Mellon Corp lowered its position in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 11.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,997 shares of the company's stock after selling 264 shares during the period. Bank of New York Mellon Corp owned approximately 0.21% of Seaboard worth $4,851,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. boosted its holdings in shares of Seaboard by 195.4% in the 3rd quarter. Victory Capital Management Inc. now owns 700 shares of the company's stock valued at $2,196,000 after buying an additional 463 shares during the period. Factorial Partners LLC grew its position in Seaboard by 44.8% in the 3rd quarter. Factorial Partners LLC now owns 1,756 shares of the company's stock valued at $5,509,000 after buying an additional 543 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Seaboard by 20.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,962 shares of the company's stock valued at $12,429,000 after acquiring an additional 663 shares during the period. Cerity Partners LLC lifted its holdings in shares of Seaboard by 263.5% in the third quarter. Cerity Partners LLC now owns 1,403 shares of the company's stock valued at $4,401,000 after buying an additional 1,017 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in Seaboard by 122.5% during the third quarter. BNP Paribas Financial Markets now owns 158 shares of the company's stock worth $496,000 after buying an additional 87 shares in the last quarter. Institutional investors and hedge funds own 22.57% of the company's stock.

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Seaboard Trading Up 0.0 %

Shares of Seaboard stock traded up $0.68 on Friday, reaching $2,712.15. 1,564 shares of the company were exchanged, compared to its average volume of 2,705. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.50 and a quick ratio of 1.50. Seaboard Co. has a fifty-two week low of $2,365.00 and a fifty-two week high of $3,412.00. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 29.93 and a beta of 0.36. The business has a fifty day simple moving average of $2,606.45.

Seaboard Announces Dividend

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. The ex-dividend date was Monday, February 24th. This represents a $9.00 annualized dividend and a dividend yield of 0.33%. Seaboard's dividend payout ratio (DPR) is presently 9.93%.

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.