Seaboard Co. (NYSEAMERICAN:SEB) Position Increased by Cerity Partners LLC

Cerity Partners LLC raised its holdings in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 263.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,403 shares of the company's stock after acquiring an additional 1,017 shares during the quarter. Cerity Partners LLC owned 0.14% of Seaboard worth $4,401,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC boosted its position in Seaboard by 81.4% during the second quarter. AQR Capital Management LLC now owns 9,204 shares of the company's stock worth $28,957,000 after purchasing an additional 4,129 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Seaboard by 91.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,981 shares of the company's stock worth $9,422,000 after buying an additional 1,421 shares in the last quarter. Factorial Partners LLC acquired a new stake in Seaboard in the 2nd quarter valued at about $3,834,000. Dimensional Fund Advisors LP increased its holdings in Seaboard by 2.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 45,989 shares of the company's stock valued at $145,358,000 after acquiring an additional 1,081 shares in the last quarter. Finally, National Bank of Canada FI acquired a new position in Seaboard during the second quarter worth about $3,344,000. Institutional investors and hedge funds own 22.57% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Seaboard from a "buy" rating to a "hold" rating in a research report on Wednesday, November 6th.

Seaboard Stock Performance

NYSEAMERICAN:SEB traded down $20.39 during trading hours on Friday, reaching $2,619.50. 708 shares of the company were exchanged, compared to its average volume of 2,800. The company has a market cap of $2.54 billion, a P/E ratio of -802.40 and a beta of 0.37. The company has a quick ratio of 1.50, a current ratio of 2.44 and a debt-to-equity ratio of 0.22. Seaboard Co. has a 52-week low of $2,559.07 and a 52-week high of $3,796.00.

Seaboard (NYSEAMERICAN:SEB - Get Free Report) last issued its earnings results on Tuesday, October 29th. The company reported ($153.44) earnings per share (EPS) for the quarter. Seaboard had a negative return on equity of 0.04% and a negative net margin of 0.02%. The firm had revenue of $2.22 billion for the quarter.

Seaboard Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were given a dividend of $2.25 per share. The ex-dividend date was Friday, November 8th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.34%. Seaboard's payout ratio is currently -273.56%.

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.