Caxton Associates LLP boosted its holdings in Seaboard Corporation (NYSEAMERICAN:SEB – Free Report) by 135.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 329 shares of the company’s stock after buying an additional 189 shares during the period. Caxton Associates LLP’s holdings in Seaboard were worth $1,860,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the business. KBC Group NV purchased a new position in shares of Seaboard in the first quarter valued at about $34,000. EverSource Wealth Advisors LLC boosted its stake in shares of Seaboard by 160.0% in the second quarter. EverSource Wealth Advisors LLC now owns 13 shares of the company’s stock worth $37,000 after acquiring an additional 8 shares during the period. Wells Fargo & Company MN grew its position in shares of Seaboard by 33.3% during the fourth quarter. Wells Fargo & Company MN now owns 12 shares of the company’s stock worth $53,000 after purchasing an additional 3 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of Seaboard during the fourth quarter worth about $58,000. Finally, Fifth Third Bancorp bought a new stake in Seaboard during the 1st quarter valued at approximately $62,000. 22.57% of the stock is owned by institutional investors.
Seaboard Stock Up 2.0%
NYSEAMERICAN SEB opened at $4,714.45 on Friday. The stock’s 50 day moving average is $4,827.29 and its 200 day moving average is $5,051.86. The company has a current ratio of 2.38, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. Seaboard Corporation has a 12 month low of $3,081.22 and a 12 month high of $5,989.37. The stock has a market cap of $4.53 billion, a PE ratio of 7.76 and a beta of 0.25.
Seaboard Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, May 25th. Stockholders of record on Friday, May 15th were issued a $2.25 dividend. This represents a $9.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, May 15th. Seaboard’s payout ratio is 9.93%.
About Seaboard
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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