Fmr LLC Has $636,000 Stock Position in Seaboard Co. (NYSEAMERICAN:SEB)

FMR LLC reduced its stake in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 72.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 203 shares of the company's stock after selling 538 shares during the period. FMR LLC's holdings in Seaboard were worth $636,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SEB. Farther Finance Advisors LLC acquired a new position in shares of Seaboard in the third quarter valued at approximately $50,000. Innealta Capital LLC purchased a new stake in shares of Seaboard in the second quarter valued at $60,000. Covestor Ltd lifted its position in Seaboard by 21.2% during the third quarter. Covestor Ltd now owns 40 shares of the company's stock worth $127,000 after buying an additional 7 shares during the period. Squarepoint Ops LLC purchased a new position in Seaboard during the second quarter worth about $205,000. Finally, Versor Investments LP acquired a new position in shares of Seaboard during the 3rd quarter valued at about $216,000. Hedge funds and other institutional investors own 22.57% of the company's stock.

Seaboard Price Performance

Shares of NYSEAMERICAN:SEB traded down $12.07 during trading on Thursday, reaching $2,453.90. 3,547 shares of the company's stock traded hands, compared to its average volume of 2,792. The company has a market cap of $2.38 billion, a PE ratio of -745.86 and a beta of 0.35. Seaboard Co. has a 12 month low of $2,413.00 and a 12 month high of $3,796.00. 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 (NYSEAMERICAN:SEB - Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The company reported ($153.44) earnings per share for the quarter. Seaboard had a negative return on equity of 0.04% and a negative net margin of 0.02%. The company had revenue of $2.22 billion during the quarter.

Seaboard Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were issued a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend was Friday, November 8th. Seaboard's payout ratio is -273.56%.

Wall Street Analysts Forecast Growth

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

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.