California State Teachers Retirement System Sells 67 Shares of Seaboard Corporation $SEB

California State Teachers Retirement System cut its position in Seaboard Corporation (NYSEAMERICAN:SEB - Free Report) by 18.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 300 shares of the company's stock after selling 67 shares during the period. California State Teachers Retirement System's holdings in Seaboard were worth $1,339,299 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. KBC Group NV purchased a new stake in Seaboard during the 1st quarter valued at about $34,000. Fifth Third Bancorp bought a new position in shares of Seaboard during the 1st quarter valued at about $62,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Seaboard during the 4th quarter valued at about $93,000. Nykredit A S acquired a new stake in Seaboard in the 2nd quarter worth $98,000. Finally, Comerica Bank grew its holdings in shares of Seaboard by 700.0% during the fourth quarter. Comerica Bank now owns 24 shares of the company's stock worth $107,000 after purchasing an additional 21 shares during the last quarter. 22.57% of the stock is currently owned by institutional investors.

Seaboard Stock Performance

Shares of SEB traded up $29.61 during mid-day trading on Tuesday, reaching $4,293.98. The company's stock had a trading volume of 4,562 shares, compared to its average volume of 14,331. The company has a current ratio of 2.40, a quick ratio of 1.33 and a debt-to-equity ratio of 0.18. Seaboard Corporation has a 1-year low of $3,140.01 and a 1-year high of $5,989.37. The stock has a market cap of $4.12 billion, a P/E ratio of 6.49 and a beta of 0.22. The business has a 50-day simple moving average of $4,376.19 and a two-hundred day simple moving average of $4,882.44.

Seaboard (NYSEAMERICAN:SEB - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $159.74 earnings per share (EPS) for the quarter. Seaboard had a net margin of 6.17% and a return on equity of 12.03%. The business had revenue of $2.92 billion during the quarter.

Seaboard Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 24th. Shareholders of record on Friday, August 14th were given a dividend of $2.25 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $9.00 dividend on an annualized basis and a yield of 0.2%. Seaboard's payout ratio is currently 9.93%.

Seaboard Company Profile

Seaboard Corporation is a diversified international agribusiness and transportation company headquartered in Merriam, Kansas. Founded in 1918, the company has expanded from its early milling operations into several business segments serving food, agricultural, energy and transportation markets.

Seaboard's pork operations include hog production, pork processing and related agricultural activities, primarily in the United States. Through its Commodity Trading and Milling segment, the company trades and processes agricultural commodities and operates flour mills, feed mills and related businesses in the Caribbean, Latin America and Africa.

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