National Bank of Canada FI Trims Stock Position in Seaboard Co. (NYSEAMERICAN:SEB)

National Bank of Canada FI decreased its stake in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 64.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 88 shares of the company's stock after selling 161 shares during the period. National Bank of Canada FI's holdings in Seaboard were worth $214,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB raised its position in shares of Seaboard by 1,937.5% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 163 shares of the company's stock valued at $396,000 after purchasing an additional 155 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in Seaboard during the 4th quarter valued at $374,000. Barclays PLC lifted its position in shares of Seaboard by 382.3% during the third quarter. Barclays PLC now owns 1,881 shares of the company's stock worth $5,900,000 after acquiring an additional 1,491 shares in the last quarter. Wedmont Private Capital bought a new position in shares of Seaboard in the fourth quarter worth $311,000. Finally, Private Management Group Inc. grew its position in shares of Seaboard by 30.8% in the fourth quarter. Private Management Group Inc. now owns 8,541 shares of the company's stock valued at $20,752,000 after purchasing an additional 2,010 shares in the last quarter. 22.57% of the stock is currently owned by hedge funds and other institutional investors.

Seaboard Price Performance

NYSEAMERICAN:SEB traded down $7.37 during trading hours on Wednesday, hitting $2,602.86. 39 shares of the company's stock traded hands, compared to its average volume of 2,644. Seaboard Co. has a 52 week low of $2,365.00 and a 52 week high of $3,412.00. The business's fifty day simple moving average is $2,676.59 and its two-hundred day simple moving average is $2,715.07. The company has a quick ratio of 1.50, a current ratio of 2.50 and a debt-to-equity ratio of 0.21. The firm has a market cap of $2.52 billion, a P/E ratio of 28.72 and a beta of 0.36.

Seaboard Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Monday, February 24th were given a $2.25 dividend. This represents a $9.00 annualized dividend and a dividend yield of 0.35%. The ex-dividend date of this dividend was Monday, February 24th. Seaboard's dividend payout ratio (DPR) is 9.93%.

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.