Dimensional Fund Advisors LP increased its holdings in Seaboard Corporation (NYSEAMERICAN:SEB – Free Report) by 4.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 47,087 shares of the company’s stock after purchasing an additional 2,017 shares during the period. Dimensional Fund Advisors LP’s holdings in Seaboard were worth $266,222,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Seaboard by 28.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 872 shares of the company’s stock worth $2,352,000 after purchasing an additional 193 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Seaboard by 97.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 465 shares of the company’s stock valued at $1,330,000 after buying an additional 229 shares during the last quarter. Legal & General Group Plc grew its position in shares of Seaboard by 5.3% in the 2nd quarter. Legal & General Group Plc now owns 376 shares of the company’s stock valued at $1,076,000 after buying an additional 19 shares during the last quarter. M&T Bank Corp increased its stake in shares of Seaboard by 3.1% in the second quarter. M&T Bank Corp now owns 99 shares of the company’s stock valued at $284,000 after buying an additional 3 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Seaboard by 15.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,229 shares of the company’s stock valued at $3,516,000 after buying an additional 167 shares during the period. 22.57% of the stock is currently owned by institutional investors and hedge funds.
Seaboard Price Performance
Shares of SEB opened at $4,618.02 on Thursday. The business has a 50-day moving average of $4,827.92 and a 200-day moving average of $5,052.84. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.38 and a quick ratio of 1.29. The company has a market capitalization of $4.43 billion, a price-to-earnings ratio of 7.60 and a beta of 0.25. Seaboard Corporation has a 1 year low of $3,055.86 and a 1 year high of $5,989.37.
Seaboard Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, May 25th. Stockholders of record on Friday, May 15th were given a $2.25 dividend. The ex-dividend date was Friday, May 15th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.2%. Seaboard’s payout ratio is 9.93%.
Seaboard Company Profile
Seaboard Corporation is a diversified agribusiness and transportation company engaged in a range of global operations. Organized into several operating segments, the company’s principal activities include pork production and processing, commodity trading and milling, marine products, sugar production, and shipping. Seaboard’s integrated business model spans the entire value chain—from feed grain procurement and hog production to finished pork products—enabling the company to capture efficiencies across each stage of its operations.
In its pork segment, conducted under the Seaboard Foods subsidiary, the company raises hogs and operates slaughter and processing facilities in the United States.
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