Victory Capital Management Inc. Sells 437 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

Victory Capital Management Inc. lowered its position in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 62.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 263 shares of the company's stock after selling 437 shares during the quarter. Victory Capital Management Inc.'s holdings in Seaboard were worth $639,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SEB. Jane Street Group LLC grew its stake in shares of Seaboard by 0.9% in the 3rd quarter. Jane Street Group LLC now owns 437 shares of the company's stock worth $1,371,000 after buying an additional 4 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Seaboard in the third quarter worth $25,000. Rhumbline Advisers increased its holdings in shares of Seaboard by 0.9% during the fourth quarter. Rhumbline Advisers now owns 931 shares of the company's stock valued at $2,262,000 after acquiring an additional 8 shares in the last quarter. Bfsg LLC increased its holdings in shares of Seaboard by 22.4% during the fourth quarter. Bfsg LLC now owns 71 shares of the company's stock valued at $173,000 after acquiring an additional 13 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of Seaboard in the 4th quarter worth about $102,000. Institutional investors own 22.57% of the company's stock.

Seaboard Price Performance

SEB stock traded down $22.63 during trading on Tuesday, hitting $2,650.00. 1,961 shares of the stock traded hands, compared to its average volume of 2,706. The stock has a market capitalization of $2.57 billion, a PE ratio of 29.24 and a beta of 0.36. 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 1 year low of $2,365.00 and a 1 year high of $3,412.00. The stock has a 50 day simple moving average of $2,617.26.

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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 issued a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date of this dividend 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.