Barclays PLC boosted its holdings in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 48.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,795 shares of the company's stock after acquiring an additional 914 shares during the quarter. Barclays PLC owned 0.29% of Seaboard worth $6,791,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB raised its stake in shares of Seaboard by 1,937.5% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 163 shares of the company's stock worth $396,000 after purchasing an additional 155 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Seaboard in the 4th quarter valued at approximately $374,000. Wedmont Private Capital bought a new position in shares of Seaboard in the 4th quarter valued at approximately $311,000. Private Management Group Inc. raised its stake in shares of Seaboard by 30.8% in the 4th quarter. Private Management Group Inc. now owns 8,541 shares of the company's stock valued at $20,752,000 after acquiring an additional 2,010 shares in the last quarter. Finally, Perigon Wealth Management LLC bought a new position in shares of Seaboard in the 4th quarter valued at approximately $286,000. 22.57% of the stock is owned by hedge funds and other institutional investors.
Seaboard Stock Performance
SEB traded up $18.05 during midday trading on Wednesday, reaching $2,585.98. The company's stock had a trading volume of 1,949 shares, compared to its average volume of 2,574. The stock has a market cap of $2.51 billion, a P/E ratio of 28.54 and a beta of 0.36. The company has a fifty day simple moving average of $2,677.23 and a 200 day simple moving average of $2,699.34. 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 twelve month low of $2,365.00 and a twelve month high of $3,412.00.
Seaboard Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, May 8th will be issued a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a dividend yield of 0.35%. The ex-dividend date of this dividend is Thursday, May 8th. Seaboard's payout ratio is presently 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.
Read More
Before you consider Seaboard, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Seaboard wasn't on the list.
While Seaboard currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
