Seaboard Co. (NYSEAMERICAN:SEB) Shares Sold by Martingale Asset Management L P

Martingale Asset Management L P trimmed its stake in shares of Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 59.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83 shares of the company's stock after selling 124 shares during the period. Martingale Asset Management L P's holdings in Seaboard were worth $202,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Jane Street Group LLC raised its position in shares of Seaboard by 0.9% in the third quarter. Jane Street Group LLC now owns 437 shares of the company's stock valued at $1,371,000 after buying an additional 4 shares during the last quarter. Barclays PLC grew its stake in Seaboard by 382.3% during the 3rd 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 raised its holdings in Seaboard by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 3,943 shares of the company's stock valued at $12,373,000 after acquiring an additional 81 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Seaboard in the 3rd quarter worth approximately $25,000. Finally, Wedmont Private Capital acquired a new position in shares of Seaboard during the 4th quarter worth approximately $311,000. 22.57% of the stock is currently owned by institutional investors and hedge funds.

Seaboard Price Performance

Shares of NYSEAMERICAN:SEB traded down $25.50 during midday trading on Friday, hitting $2,556.50. The company had a trading volume of 1,375 shares, compared to its average volume of 2,642. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of 28.21 and a beta of 0.36. Seaboard Co. has a twelve month low of $2,365.00 and a twelve month high of $3,412.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.50 and a quick ratio of 1.50. The business's 50-day simple moving average is $2,683.55 and its 200-day simple moving average is $2,709.51.

Seaboard Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, February 24th were paid a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date of this dividend was Monday, February 24th. Seaboard's dividend payout ratio is currently 9.93%.

About Seaboard

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.