Inceptionr LLC purchased a new position in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 177 shares of the company's stock, valued at approximately $430,000.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Jane Street Group LLC raised its position in Seaboard by 0.9% in the third quarter. Jane Street Group LLC now owns 437 shares of the company's stock valued at $1,371,000 after purchasing an additional 4 shares during the period. Covestor Ltd raised its holdings in Seaboard by 21.2% in the 3rd quarter. Covestor Ltd now owns 40 shares of the company's stock valued at $127,000 after buying an additional 7 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in Seaboard in the third quarter valued at about $25,000. Rhumbline Advisers boosted its stake in Seaboard by 0.9% during the fourth quarter. Rhumbline Advisers now owns 931 shares of the company's stock worth $2,262,000 after buying an additional 8 shares during the period. Finally, 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 acquiring an additional 13 shares during the period. Institutional investors and hedge funds own 22.57% of the company's stock.
Seaboard Price Performance
Shares of NYSEAMERICAN:SEB traded down $2.41 during mid-day trading on Wednesday, reaching $2,681.70. 692 shares of the company were exchanged, compared to its average volume of 2,384. The company has a market cap of $2.60 billion, a price-to-earnings ratio of 29.59 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. Seaboard Co. has a 1 year low of $2,365.00 and a 1 year high of $3,412.00. The company has a 50-day moving average price of $2,570.44.
Seaboard Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Monday, February 24th were issued a $2.25 dividend. The ex-dividend date of this dividend was Monday, February 24th. This represents a $9.00 annualized dividend and a dividend yield of 0.34%. Seaboard's dividend payout ratio is presently 9.93%.
Seaboard 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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