Cerity Partners LLC Purchases 151 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

Cerity Partners LLC grew its stake in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 10.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,554 shares of the company's stock after acquiring an additional 151 shares during the quarter. Cerity Partners LLC owned about 0.16% of Seaboard worth $3,776,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SEB. Wilmington Savings Fund Society FSB bought a new stake in shares of Seaboard in the third quarter worth approximately $25,000. Quadrant Capital Group LLC grew its position in Seaboard by 1,000.0% in the 4th quarter. Quadrant Capital Group LLC now owns 11 shares of the company's stock worth $27,000 after purchasing an additional 10 shares during the period. SG Americas Securities LLC purchased a new stake in Seaboard during the 4th quarter valued at $102,000. Bfsg LLC lifted its holdings in shares of Seaboard by 22.4% during the 4th quarter. Bfsg LLC now owns 71 shares of the company's stock valued at $173,000 after buying an additional 13 shares during the period. Finally, Aigen Investment Management LP purchased a new position in shares of Seaboard in the 4th quarter worth $209,000. 22.57% of the stock is currently owned by hedge funds and other institutional investors.

Seaboard Stock Performance

NYSEAMERICAN SEB traded down $25.50 during trading hours on Friday, hitting $2,556.50. 1,375 shares of the company's stock 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. Seaboard Co. has a 52 week low of $2,365.00 and a 52 week high of $3,412.00. The firm has a market capitalization of $2.48 billion, a P/E ratio of 28.21 and a beta of 0.36. The business's fifty day moving average price is $2,681.73 and its two-hundred day moving average price is $2,710.55.

Seaboard Announces Dividend

The business 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. 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 Company 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.