Seaboard (NYSEAMERICAN:SEB) Hits New 12-Month Low at $3,137.34

Seaboard Co. (NYSEAMERICAN:SEB - Get Free Report)'s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $3,137.34 and last traded at $3,149.60, with a volume of 4425 shares. The stock had previously closed at $3,211.40.

Analyst Ratings Changes

SEB has been the subject of a number of analyst reports. StockNews.com downgraded Seaboard from a "buy" rating to a "hold" rating in a report on Thursday, December 14th. TheStreet downgraded Seaboard from a "b" rating to a "c+" rating in a research note on Thursday, February 15th.

Seaboard Stock Performance

The company has a quick ratio of 1.42, a current ratio of 2.52 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $3.06 billion, a P/E ratio of 15.42 and a beta of 0.41.

Seaboard (NYSEAMERICAN:SEB - Get Free Report) last issued its earnings results on Tuesday, February 13th. The company reported $64.67 earnings per share (EPS) for the quarter. The company had revenue of $2.28 billion during the quarter. Seaboard had a return on equity of 4.55% and a net margin of 2.36%.

Seaboard Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 4th. Stockholders of record on Friday, February 23rd were issued a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date of this dividend was Thursday, February 22nd. Seaboard's dividend payout ratio is presently 4.41%.

Hedge Funds Weigh In On Seaboard

A number of hedge funds have recently modified their holdings of the business. American Century Companies Inc. lifted its stake in Seaboard by 47.9% during the 3rd quarter. American Century Companies Inc. now owns 1,467 shares of the company's stock worth $5,506,000 after acquiring an additional 475 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Seaboard by 411.2% in the 3rd quarter. Invesco Ltd. now owns 2,096 shares of the company's stock valued at $7,866,000 after buying an additional 1,686 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Seaboard by 12.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,425 shares of the company's stock valued at $5,348,000 after buying an additional 161 shares during the period. Deutsche Bank AG boosted its stake in shares of Seaboard by 15,133,323.3% in the 3rd quarter. Deutsche Bank AG now owns 4,540,027 shares of the company's stock valued at $17,038,721,000 after buying an additional 4,539,997 shares during the period. Finally, New York State Common Retirement Fund boosted its stake in shares of Seaboard by 5.8% in the 3rd quarter. New York State Common Retirement Fund now owns 605 shares of the company's stock valued at $2,271,000 after buying an additional 33 shares during the period. 22.57% of the stock is currently owned by hedge funds and other institutional investors.

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.