Y Intercept Hong Kong Ltd purchased a new stake in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 154 shares of the company's stock, valued at approximately $374,000.
A number of other hedge funds also recently made changes to their positions in the business. Wilmington Savings Fund Society FSB bought a new stake in shares of Seaboard during the third quarter valued at about $25,000. Farther Finance Advisors LLC bought a new stake in shares of Seaboard during the 3rd quarter worth about $50,000. SG Americas Securities LLC acquired a new stake in shares of Seaboard in the 4th quarter worth approximately $102,000. Covestor Ltd boosted its holdings in shares of Seaboard by 21.2% in the third quarter. Covestor Ltd now owns 40 shares of the company's stock valued at $127,000 after acquiring an additional 7 shares in the last quarter. Finally, Bfsg LLC boosted its holdings in shares of Seaboard by 22.4% in 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. Institutional investors own 22.57% of the company's stock.
Seaboard Trading Up 6.2 %
NYSEAMERICAN:SEB traded up $170.06 during midday trading on Friday, hitting $2,904.30. 1,565 shares of the stock were exchanged, compared to its average volume of 2,381. The company has a market cap of $2.82 billion, a P/E ratio of 32.00 and a beta of 0.36. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.50 and a quick ratio of 1.50. Seaboard Co. has a one year low of $2,365.00 and a one year high of $3,412.00. The company's 50-day moving average price is $2,561.49.
Seaboard Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders 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 0.31%. Seaboard's dividend payout ratio (DPR) is 9.93%.
Seaboard Company 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.
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