AQR Capital Management LLC lessened its holdings in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 8.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,598 shares of the company's stock after selling 676 shares during the period. AQR Capital Management LLC owned approximately 0.78% of Seaboard worth $18,265,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Sterling Capital Management LLC lifted its holdings in shares of Seaboard by 36.4% in the fourth quarter. Sterling Capital Management LLC now owns 15 shares of the company's stock valued at $36,000 after purchasing an additional 4 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Seaboard during the third quarter worth $25,000. Rhumbline Advisers raised its holdings in shares of Seaboard by 0.9% in the fourth quarter. Rhumbline Advisers now owns 931 shares of the company's stock worth $2,262,000 after acquiring an additional 8 shares during the last quarter. Quadrant Capital Group LLC raised its stake in Seaboard by 1,000.0% in the 4th quarter. Quadrant Capital Group LLC now owns 11 shares of the company's stock valued at $27,000 after purchasing an additional 10 shares during the last quarter. Finally, Quarry LP acquired a new stake in shares of Seaboard during the 4th quarter worth about $29,000. Institutional investors and hedge funds own 22.57% of the company's stock.
Seaboard Trading Up 0.6 %
Shares of NYSEAMERICAN:SEB traded up $16.32 during trading on Thursday, reaching $2,531.43. The stock had a trading volume of 948 shares, compared to its average volume of 2,470. The stock has a market cap of $2.46 billion, a P/E ratio of 27.93 and a beta of 0.36. The company has a quick ratio of 1.50, a current ratio of 2.50 and a debt-to-equity ratio of 0.21. Seaboard Co. has a fifty-two week low of $2,365.00 and a fifty-two week high of $3,411.10. The business has a fifty day moving average price of $2,641.88 and a 200-day moving average price of $2,692.42.
Seaboard Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, May 8th will be paid a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date of this dividend is Thursday, May 8th. Seaboard's dividend payout ratio is currently 9.93%.
About Seaboard
(
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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