Wilmington Savings Fund Society FSB boosted its position in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 1,937.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 163 shares of the company's stock after acquiring an additional 155 shares during the quarter. Wilmington Savings Fund Society FSB's holdings in Seaboard were worth $396,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new stake in Seaboard in the third quarter worth about $50,000. Covestor Ltd boosted its stake in shares of Seaboard by 21.2% in the third quarter. Covestor Ltd now owns 40 shares of the company's stock worth $127,000 after acquiring an additional 7 shares during the period. SG Americas Securities LLC bought a new position in shares of Seaboard in the fourth quarter worth about $102,000. Versor Investments LP bought a new position in Seaboard during the third quarter valued at approximately $216,000. Finally, Oak Thistle LLC bought a new position in Seaboard during the fourth quarter valued at approximately $253,000. Hedge funds and other institutional investors own 22.57% of the company's stock.
Seaboard Price Performance
Shares of NYSEAMERICAN:SEB traded up $312.03 during trading on Friday, hitting $2,927.00. The company had a trading volume of 4,655 shares, compared to its average volume of 1,880. The firm has a market capitalization of $2.84 billion, a price-to-earnings ratio of -889.66 and a beta of 0.36. Seaboard Co. has a one year low of $2,365.00 and a one year high of $3,600.94. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.44 and a quick ratio of 1.50.
Seaboard Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, February 24th will be issued a $2.25 dividend. The ex-dividend date of this dividend is Monday, February 24th. This represents a $9.00 annualized dividend and a dividend yield of 0.31%. Seaboard's payout ratio is -273.56%.
Analysts Set New Price Targets
Separately, StockNews.com lowered Seaboard from a "buy" rating to a "hold" rating in a research note on Wednesday, November 6th.
View Our Latest Stock Report on SEB
Seaboard 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.
Further Reading
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