Arrowstreet Capital Limited Partnership Cuts Stock Holdings in Seaboard Co. (NYSEAMERICAN:SEB)

Arrowstreet Capital Limited Partnership lowered its position in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 63.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 567 shares of the company's stock after selling 974 shares during the period. Arrowstreet Capital Limited Partnership owned 0.06% of Seaboard worth $1,378,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of SEB. Private Management Group Inc. boosted its stake in Seaboard by 30.8% during the fourth quarter. Private Management Group Inc. now owns 8,541 shares of the company's stock worth $20,752,000 after acquiring an additional 2,010 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Seaboard by 46.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,800 shares of the company's stock valued at $14,092,000 after buying an additional 1,838 shares in the last quarter. American Century Companies Inc. raised its stake in Seaboard by 5.9% during the 4th quarter. American Century Companies Inc. now owns 4,564 shares of the company's stock worth $11,089,000 after buying an additional 253 shares during the period. Geode Capital Management LLC boosted its holdings in Seaboard by 2.1% in the third quarter. Geode Capital Management LLC now owns 3,943 shares of the company's stock worth $12,373,000 after acquiring an additional 81 shares in the last quarter. Finally, Edgestream Partners L.P. grew its stake in Seaboard by 161.4% in the fourth quarter. Edgestream Partners L.P. now owns 2,172 shares of the company's stock valued at $5,277,000 after acquiring an additional 1,341 shares during the period. Institutional investors own 22.57% of the company's stock.

Seaboard Stock Up 0.2 %

Shares of NYSEAMERICAN:SEB traded up $5.82 during trading on Thursday, reaching $2,587.82. 373 shares of the stock were exchanged, compared to its average volume of 2,640. The stock has a fifty day moving average of $2,679.50 and a two-hundred day moving average of $2,714.16. Seaboard Co. has a 1-year low of $2,365.00 and a 1-year high of $3,412.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.50 and a quick ratio of 1.50. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of 28.28 and a beta of 0.36.

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 given a dividend of $2.25 per share. 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 payout ratio is presently 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.