Shares of Seaboard Co. (NYSEAMERICAN:SEB - Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as $3,118.20 and last traded at $3,123.82, with a volume of 834 shares. The stock had previously closed at $3,165.41.
Analyst Ratings Changes
SEB has been the topic of several recent research reports. TheStreet downgraded Seaboard from a "b" rating to a "c+" rating in a research note on Thursday, February 15th. StockNews.com downgraded Seaboard from a "buy" rating to a "hold" rating in a research note on Thursday, December 14th.
View Our Latest Stock Report on SEB
Seaboard Price 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 company has a market cap of $3.07 billion, a PE ratio of 15.40 and a beta of 0.41.
Seaboard (NYSEAMERICAN:SEB - Get Free Report) last released its earnings results on Tuesday, February 13th. The company reported $64.67 earnings per share for the quarter. The firm 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 Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, March 4th. Shareholders of record on Friday, February 23rd were given a dividend of $2.25 per share. The ex-dividend date was Thursday, February 22nd. This represents a $9.00 dividend on an annualized basis and a yield of 0.28%. Seaboard's dividend payout ratio (DPR) is currently 4.41%.
Hedge Funds Weigh In On Seaboard
Large investors have recently added to or reduced their stakes in the business. Alaska Permanent Fund Corp grew its position in Seaboard by 165.5% during the first quarter. Alaska Permanent Fund Corp now owns 884 shares of the company's stock valued at $2,850,000 after buying an additional 551 shares during the period. Vanguard Group Inc. grew its position in Seaboard by 4.5% during the fourth quarter. Vanguard Group Inc. now owns 23,123 shares of the company's stock valued at $82,551,000 after buying an additional 999 shares during the period. Legal & General Group Plc grew its position in Seaboard by 3.8% during the fourth quarter. Legal & General Group Plc now owns 276 shares of the company's stock valued at $985,000 after buying an additional 10 shares during the period. Barclays PLC boosted its position in Seaboard by 63.4% during the fourth quarter. Barclays PLC now owns 317 shares of the company's stock worth $1,132,000 after purchasing an additional 123 shares during the period. Finally, Voloridge Investment Management LLC bought a new position in Seaboard during the fourth quarter worth about $2,203,000. Institutional investors own 22.57% of the company's stock.
Seaboard Company Profile
(
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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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