Seaboard (NYSEAMERICAN:SEB) Reaches New 52-Week Low at $3,060.00

Seaboard Co. (NYSEAMERICAN:SEB - Get Free Report) shares reached a new 52-week low on Wednesday . The company traded as low as $3,060.00 and last traded at $3,069.93, with a volume of 902 shares changing hands. The stock had previously closed at $3,108.58.

Wall Street Analysts Forecast Growth

Separately, TheStreet lowered shares of Seaboard from a "b" rating to a "c+" rating in a research report on Thursday, February 15th.

Seaboard Stock Performance

The stock has a market cap of $2.98 billion, a PE ratio of 14.98 and a beta of 0.41. The company has a current ratio of 2.52, a quick ratio of 1.42 and a debt-to-equity ratio of 0.22.

Seaboard (NYSEAMERICAN:SEB - Get Free Report) last announced its quarterly earnings data 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 net margin of 2.36% and a return on equity of 4.55%.

Seaboard Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 4th. Investors of record on Friday, February 23rd were issued 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 0.29%. Seaboard's dividend payout ratio is currently 4.41%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Advisor Group Holdings Inc. grew its position in shares of Seaboard by 3,450.0% in the 1st quarter. Advisor Group Holdings Inc. now owns 71 shares of the company's stock worth $298,000 after buying an additional 69 shares during the period. American Century Companies Inc. purchased a new stake in shares of Seaboard in the 1st quarter worth about $383,000. Citigroup Inc. grew its position in shares of Seaboard by 36.4% in the 1st quarter. Citigroup Inc. now owns 30 shares of the company's stock worth $126,000 after buying an additional 8 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Seaboard in the 1st quarter worth about $400,000. Finally, MetLife Investment Management LLC purchased a new stake in shares of Seaboard in the 1st quarter worth about $25,000. 22.57% of the stock is owned by hedge funds and other institutional investors.

Seaboard Company Profile

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.