Renaissance Technologies LLC reduced its position in Seaboard Co. (NYSEAMERICAN:SEB - Free Report) by 7.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,293 shares of the company's stock after selling 434 shares during the quarter. Renaissance Technologies LLC owned approximately 0.55% of Seaboard worth $12,860,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of SEB. Wilmington Savings Fund Society FSB acquired a new stake in shares of Seaboard during the 3rd quarter worth approximately $25,000. Quadrant Capital Group LLC lifted its holdings in shares of Seaboard by 1,000.0% in the fourth quarter. Quadrant Capital Group LLC now owns 11 shares of the company's stock valued at $27,000 after buying an additional 10 shares during the period. SG Americas Securities LLC acquired a new stake in Seaboard in the 4th quarter valued at about $102,000. Bfsg LLC lifted 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 purchasing an additional 13 shares during the last quarter. Finally, Aigen Investment Management LP bought a new stake in shares of Seaboard during the 4th quarter worth $209,000. Institutional investors and hedge funds own 22.57% of the company's stock.
Seaboard Trading Up 0.5 %
SEB traded up $11.83 during trading on Monday, reaching $2,568.33. The company had a trading volume of 104 shares, compared to its average volume of 2,626. The firm's 50-day simple moving average is $2,683.55 and its 200 day simple moving average is $2,709.51. The company has a market cap of $2.49 billion, a price-to-earnings ratio of 28.34 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 Co. has a 12-month low of $2,365.00 and a 12-month high of $3,412.00.
Seaboard Announces Dividend
The firm also recently announced 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. The ex-dividend date of this dividend was Monday, February 24th. This represents a $9.00 annualized dividend and a yield of 0.35%. Seaboard's dividend payout ratio (DPR) is presently 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.
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