Vanguard Group Inc. Has $60.79 Million Holdings in Seaboard Co. (NYSEAMERICAN:SEB)

Vanguard Group Inc. cut its position in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,019 shares of the company's stock after selling 1,196 shares during the quarter. Vanguard Group Inc. owned 2.58% of Seaboard worth $60,788,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. KLP Kapitalforvaltning AS acquired a new stake in shares of Seaboard in the 4th quarter valued at approximately $651,000. Sei Investments Co. grew its position in shares of Seaboard by 9.4% in the 4th quarter. Sei Investments Co. now owns 186 shares of the company's stock valued at $452,000 after acquiring an additional 16 shares during the period. American Century Companies Inc. increased its stake in shares of 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 purchasing an additional 253 shares during the last quarter. Magnetar Financial LLC acquired a new position in shares of Seaboard during the 4th quarter worth about $581,000. Finally, Brandes Investment Partners LP raised its holdings in shares of Seaboard by 144.4% in the 4th quarter. Brandes Investment Partners LP now owns 330 shares of the company's stock valued at $802,000 after purchasing an additional 195 shares during the period. Institutional investors own 22.57% of the company's stock.

Seaboard Stock Performance

Shares of SEB traded down $18.77 during mid-day trading on Thursday, reaching $2,563.23. The company's stock had a trading volume of 297 shares, compared to its average volume of 2,127. 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 stock has a market cap of $2.49 billion, a P/E ratio of 28.29 and a beta of 0.36. Seaboard Co. has a 1-year low of $2,365.00 and a 1-year high of $3,412.00. The business has a 50-day simple moving average of $2,679.50 and a two-hundred day simple moving average of $2,714.16.

Seaboard Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders 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 annualized dividend and a dividend yield of 0.35%. Seaboard's dividend payout ratio is currently 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.