Invesco Ltd. lifted its holdings in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 15.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 951 shares of the company's stock after acquiring an additional 126 shares during the quarter. Invesco Ltd. owned about 0.10% of Seaboard worth $2,311,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in SEB. Barclays PLC grew its position in Seaboard by 382.3% in the third quarter. Barclays PLC now owns 1,881 shares of the company's stock valued at $5,900,000 after acquiring an additional 1,491 shares in the last quarter. Geode Capital Management LLC grew its holdings in Seaboard by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 3,943 shares of the company's stock valued at $12,373,000 after purchasing an additional 81 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Seaboard during the 3rd quarter worth $25,000. Wedmont Private Capital acquired a new position in Seaboard in the 4th quarter worth $311,000. Finally, Oak Thistle LLC acquired a new position in Seaboard in the 4th quarter worth $253,000. 22.57% of the stock is owned by hedge funds and other institutional investors.
Seaboard Stock Up 0.8 %
Shares of Seaboard stock traded up $20.97 during trading hours on Friday, hitting $2,592.10. 1,308 shares of the company's stock traded hands, compared to its average volume of 2,561. Seaboard Co. has a twelve month low of $2,365.00 and a twelve month high of $3,412.00. The company has a market cap of $2.51 billion, a PE ratio of 28.60 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. The stock has a 50 day simple moving average of $2,662.92 and a 200-day simple moving average of $2,695.45.
Seaboard Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Shareholders of record on Thursday, May 8th will be issued a dividend of $2.25 per share. The ex-dividend date is Thursday, May 8th. This represents a $9.00 annualized dividend and a yield of 0.35%. Seaboard's dividend 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.
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