Heartland Advisors Inc. grew its stake in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 33.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,600 shares of the company's stock after buying an additional 400 shares during the period. Heartland Advisors Inc. owned 0.16% of Seaboard worth $3,887,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Seaboard during the third quarter valued at approximately $25,000. SG Americas Securities LLC bought a new stake in Seaboard in the 4th quarter valued at $102,000. Bfsg LLC lifted its stake in Seaboard by 22.4% in the 4th quarter. Bfsg LLC now owns 71 shares of the company's stock worth $173,000 after purchasing an additional 13 shares in the last quarter. Aigen Investment Management LP bought a new position in shares of Seaboard during the 4th quarter valued at about $209,000. Finally, Levin Capital Strategies L.P. purchased a new position in shares of Seaboard during the fourth quarter valued at about $219,000. Institutional investors own 22.57% of the company's stock.
Seaboard Trading Up 2.6 %
Shares of NYSEAMERICAN:SEB traded up $70.87 during mid-day trading on Tuesday, reaching $2,767.99. The stock had a trading volume of 1,511 shares, compared to its average volume of 2,747. The business has a 50 day moving average of $2,639.68. Seaboard Co. has a 1 year low of $2,365.00 and a 1 year high of $3,412.00. The firm has a market cap of $2.68 billion, a P/E ratio of 30.55 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 Dividend Announcement
The firm 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 of this dividend was Monday, February 24th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.33%. Seaboard's dividend payout ratio (DPR) is presently 9.93%.
Seaboard Company 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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