Marshall Wace LLP boosted its holdings in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 335.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 827 shares of the company's stock after buying an additional 637 shares during the period. Marshall Wace LLP owned approximately 0.09% of Seaboard worth $2,009,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of SEB. Wilmington Savings Fund Society FSB bought a new stake in Seaboard during the 3rd quarter worth approximately $25,000. Quadrant Capital Group LLC grew its position in shares of Seaboard by 1,000.0% during 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 in the last quarter. Sterling Capital Management LLC increased 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 worth $36,000 after purchasing an additional 4 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Seaboard in the fourth quarter worth $102,000. Finally, Bfsg LLC boosted its stake in Seaboard by 22.4% during the fourth quarter. Bfsg LLC now owns 71 shares of the company's stock valued at $173,000 after buying an additional 13 shares during the period. Institutional investors own 22.57% of the company's stock.
Seaboard Price Performance
Seaboard stock traded up $27.24 during midday trading on Friday, hitting $2,598.37. 309 shares of the company's stock were exchanged, compared to its average volume of 2,081. The stock has a 50-day moving average price of $2,670.89 and a two-hundred day moving average price of $2,696.12. Seaboard Co. has a 52-week low of $2,365.00 and a 52-week high of $3,412.00. The company has a market cap of $2.52 billion, a P/E ratio of 28.67 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 Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Investors of record on Thursday, May 8th will be given a $2.25 dividend. 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 (DPR) is 9.93%.
Seaboard Profile
(
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.
Further Reading
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