Dimensional Fund Advisors LP grew its stake in shares of Seaboard Co. (NYSEAMERICAN:SEB – Get Rating) by 1.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,544 shares of the company’s stock after purchasing an additional 590 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Seaboard were worth $153,682,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. MetLife Investment Management LLC acquired a new stake in Seaboard in the first quarter worth approximately $25,000. Covestor Ltd acquired a new stake in Seaboard during the 4th quarter valued at $119,000. Citigroup Inc. raised its stake in Seaboard by 36.4% during the 1st quarter. Citigroup Inc. now owns 30 shares of the company’s stock valued at $126,000 after purchasing an additional 8 shares during the period. Van ECK Associates Corp raised its stake in Seaboard by 45.5% during the 1st quarter. Van ECK Associates Corp now owns 32 shares of the company’s stock valued at $135,000 after purchasing an additional 10 shares during the period. Finally, Signaturefd LLC raised its stake in Seaboard by 33.3% during the 4th quarter. Signaturefd LLC now owns 36 shares of the company’s stock valued at $142,000 after purchasing an additional 9 shares during the period. 17.67% of the stock is owned by institutional investors.
Seaboard Price Performance
NYSEAMERICAN:SEB traded down $2.99 during trading hours on Thursday, hitting $3,964.01. 1 shares of the stock traded hands, compared to its average volume of 836. Seaboard Co. has a fifty-two week low of $3,535.57 and a fifty-two week high of $4,400.00. The company has a quick ratio of 1.65, a current ratio of 2.72 and a debt-to-equity ratio of 0.17. The company has a market cap of $4.60 billion, a P/E ratio of 6.51 and a beta of 0.31.
Seaboard Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, May 23rd. Shareholders of record on Friday, May 13th were issued a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date was Thursday, May 12th. Seaboard’s dividend payout ratio (DPR) is 1.48%.
Seaboard Company Profile
Seaboard Corporation operates as an agribusiness and 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 fresh and frozen pork products to further processors, foodservice operators, grocery stores, and distributors; hogs; and biodiesel.
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