EVR Research LP Lowers Stake in Seaboard Co. (NYSEAMERICAN:SEB)

EVR Research LP reduced its stake in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 72.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,000 shares of the company's stock after selling 2,600 shares during the quarter. Seaboard accounts for 0.8% of EVR Research LP's holdings, making the stock its 28th largest position. EVR Research LP owned approximately 0.10% of Seaboard worth $2,430,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Private Management Group Inc. increased 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 buying an additional 2,010 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Seaboard by 46.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,800 shares of the company's stock worth $14,092,000 after buying an additional 1,838 shares during the last quarter. Barclays PLC lifted its stake in shares of Seaboard by 382.3% in the 3rd quarter. Barclays PLC now owns 1,881 shares of the company's stock valued at $5,900,000 after purchasing an additional 1,491 shares during the last quarter. Edgestream Partners L.P. lifted its stake in Seaboard by 161.4% during the fourth quarter. Edgestream Partners L.P. now owns 2,172 shares of the company's stock worth $5,277,000 after purchasing an additional 1,341 shares in the last quarter. Finally, Heartland Advisors Inc. boosted its stake in shares of Seaboard by 33.3% in the fourth quarter. Heartland Advisors Inc. now owns 1,600 shares of the company's stock valued at $3,887,000 after purchasing an additional 400 shares during the period. Hedge funds and other institutional investors own 22.57% of the company's stock.

Seaboard Stock Up 0.7 %

SEB stock traded up $17.10 during trading on Thursday, hitting $2,599.10. 818 shares of the company's stock were exchanged, compared to its average volume of 2,642. The stock has a market capitalization of $2.52 billion, a price-to-earnings ratio of 28.68 and a beta of 0.36. Seaboard Co. has a 52-week low of $2,365.00 and a 52-week high of $3,412.00. 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 business has a 50-day moving average price of $2,679.50 and a two-hundred day moving average price of $2,714.16.

Seaboard Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, February 24th were given a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a yield of 0.35%. The ex-dividend date was Monday, February 24th. Seaboard's payout ratio 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.