Oak Thistle LLC purchased a new stake in Seaboard Co. (NYSEAMERICAN:SEB – Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 104 shares of the company’s stock, valued at approximately $253,000.
Other hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its holdings in shares of Seaboard by 2.4% during the second quarter. Dimensional Fund Advisors LP now owns 45,989 shares of the company’s stock worth $145,358,000 after buying an additional 1,081 shares in the last quarter. AQR Capital Management LLC grew its position in Seaboard by 81.4% during the 2nd quarter. AQR Capital Management LLC now owns 9,204 shares of the company’s stock worth $28,957,000 after acquiring an additional 4,129 shares during the last quarter. Private Management Group Inc. increased its holdings in Seaboard by 4.6% during the 3rd quarter. Private Management Group Inc. now owns 6,531 shares of the company’s stock valued at $20,488,000 after purchasing an additional 289 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Seaboard by 20.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,962 shares of the company’s stock valued at $12,429,000 after purchasing an additional 663 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Seaboard by 2.1% in the third quarter. Geode Capital Management LLC now owns 3,943 shares of the company’s stock worth $12,373,000 after purchasing an additional 81 shares in the last quarter. 22.57% of the stock is currently owned by institutional investors and hedge funds.
Seaboard Price Performance
SEB opened at $2,474.54 on Friday. The company has a current ratio of 2.44, a quick ratio of 1.50 and a debt-to-equity ratio of 0.22. The company has a market cap of $2.40 billion, a PE ratio of -752.14 and a beta of 0.36. Seaboard Co. has a one year low of $2,365.00 and a one year high of $3,779.52.
Seaboard Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were given a $2.25 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $9.00 dividend on an annualized basis and a yield of 0.36%. Seaboard’s payout ratio is -273.56%.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut Seaboard from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th.
Check Out Our Latest Analysis on SEB
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.
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