First Trust Advisors LP Trims Position in Seaboard Co. (NYSEAMERICAN:SEB)

First Trust Advisors LP cut its stake in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 80.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,386 shares of the company's stock after selling 5,759 shares during the quarter. First Trust Advisors LP owned about 0.14% of Seaboard worth $3,368,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Wilmington Savings Fund Society FSB bought a new position in Seaboard during the 3rd quarter valued at about $25,000. Quadrant Capital Group LLC lifted its position in Seaboard by 1,000.0% during the fourth 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 period. Sterling Capital Management LLC boosted its holdings in Seaboard by 36.4% in the fourth quarter. Sterling Capital Management LLC now owns 15 shares of the company's stock worth $36,000 after purchasing an additional 4 shares during the last quarter. SG Americas Securities LLC bought a new stake in Seaboard in the 4th quarter worth approximately $102,000. Finally, Bfsg LLC raised its stake in Seaboard by 22.4% during the 4th quarter. Bfsg LLC now owns 71 shares of the company's stock valued at $173,000 after buying an additional 13 shares during the last quarter. Hedge funds and other institutional investors own 22.57% of the company's stock.

Seaboard Stock Performance

Shares of SEB stock traded up $4.24 on Friday, reaching $2,535.67. The stock had a trading volume of 131 shares, compared to its average volume of 2,461. The stock has a market cap of $2.46 billion, a P/E ratio of 27.98 and a beta of 0.36. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.50 and a current ratio of 2.50. Seaboard Co. has a 1 year low of $2,365.00 and a 1 year high of $3,411.10. The company has a 50 day simple moving average of $2,634.33 and a 200 day simple moving average of $2,688.97.

Seaboard Dividend Announcement

The firm also recently declared 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 annualized dividend and a dividend yield of 0.35%. The ex-dividend date is Thursday, May 8th. Seaboard's dividend payout ratio is presently 9.93%.

Seaboard 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.