Diamond Hill Capital Management Inc. cut its stake in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 26.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 375 shares of the company's stock after selling 134 shares during the period. Diamond Hill Capital Management Inc.'s holdings in Seaboard were worth $911,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in Seaboard in the 3rd quarter valued at $25,000. SG Americas Securities LLC acquired a new position in shares of Seaboard in the 4th quarter valued at $102,000. Bfsg LLC raised its stake in shares of Seaboard by 22.4% in the 4th quarter. Bfsg LLC now owns 71 shares of the company's stock valued at $173,000 after buying an additional 13 shares in the last quarter. Aigen Investment Management LP acquired a new position in shares of Seaboard in the 4th quarter valued at $209,000. Finally, Versor Investments LP acquired a new position in shares of Seaboard in the 3rd quarter valued at $216,000. 22.57% of the stock is owned by institutional investors.
Seaboard Stock Performance
Shares of SEB stock traded up $14.49 during mid-day trading on Wednesday, reaching $2,712.49. The company's stock had a trading volume of 1,345 shares, compared to its average volume of 2,705. Seaboard Co. has a 1-year low of $2,365.00 and a 1-year high of $3,412.00. The company has a market capitalization of $2.63 billion, a P/E ratio of 29.93 and a beta of 0.36. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.50 and a current ratio of 2.50. The firm's 50-day moving average is $2,593.87.
Seaboard Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, February 24th were paid 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 9.93%.
About Seaboard
(
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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