Martingale Asset Management L P lowered its holdings in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 59.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 83 shares of the company's stock after selling 124 shares during the quarter. Martingale Asset Management L P's holdings in Seaboard were worth $202,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in SEB. Jane Street Group LLC increased its stake in shares of Seaboard by 0.9% in the third quarter. Jane Street Group LLC now owns 437 shares of the company's stock worth $1,371,000 after purchasing an additional 4 shares in the last quarter. Rhumbline Advisers increased its stake in Seaboard by 0.9% in the 4th quarter. Rhumbline Advisers now owns 931 shares of the company's stock worth $2,262,000 after buying an additional 8 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Seaboard during the third quarter valued at about $25,000. Quadrant Capital Group LLC lifted its position in shares of Seaboard by 1,000.0% in the fourth quarter. Quadrant Capital Group LLC now owns 11 shares of the company's stock valued at $27,000 after acquiring an additional 10 shares in the last quarter. Finally, Bfsg LLC boosted its stake in shares of Seaboard by 22.4% in the fourth quarter. Bfsg LLC now owns 71 shares of the company's stock worth $173,000 after acquiring an additional 13 shares during the period. Institutional investors own 22.57% of the company's stock.
Seaboard Price Performance
SEB traded down $25.50 during trading on Friday, hitting $2,556.50. 1,375 shares of the company traded hands, compared to its average volume of 2,645. The company has a current ratio of 2.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.21. The company has a market cap of $2.48 billion, a PE ratio of 28.21 and a beta of 0.36. The stock's 50-day simple moving average is $2,681.73 and its two-hundred day simple moving average is $2,710.55. Seaboard Co. has a 1 year low of $2,365.00 and a 1 year high of $3,412.00.
Seaboard Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, February 24th were issued a $2.25 dividend. The ex-dividend date was Monday, February 24th. This represents a $9.00 annualized dividend and a dividend yield of 0.35%. Seaboard's dividend payout ratio (DPR) is 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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