Seaboard Co. (NYSEAMERICAN:SEB) Holdings Decreased by Vestcor Inc

Vestcor Inc decreased its holdings in shares of Seaboard Co. (NYSEAMERICAN:SEB) by 37.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 265 shares of the company’s stock after selling 161 shares during the quarter. Vestcor Inc’s holdings in Seaboard were worth $644,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. AlphaQuest LLC grew its holdings in shares of Seaboard by 8,525.0% during the fourth quarter. AlphaQuest LLC now owns 345 shares of the company’s stock valued at $838,000 after buying an additional 341 shares in the last quarter. Edgestream Partners L.P. grew its holdings in shares of Seaboard by 161.4% during the fourth quarter. Edgestream Partners L.P. now owns 2,172 shares of the company’s stock valued at $5,277,000 after buying an additional 1,341 shares in the last quarter. Inceptionr LLC purchased a new position in Seaboard in the fourth quarter valued at about $430,000. Aigen Investment Management LP purchased a new position in Seaboard in the fourth quarter valued at about $209,000. Finally, Charles Schwab Investment Management Inc. grew its stake in Seaboard by 46.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,800 shares of the company’s stock valued at $14,092,000 after purchasing an additional 1,838 shares in the last quarter. Hedge funds and other institutional investors own 22.57% of the company’s stock.

Seaboard Price Performance

Shares of NYSEAMERICAN SEB opened at $2,688.80 on Monday. The company has a 50-day moving average price of $2,583.86. The company has a quick ratio of 1.50, a current ratio of 2.50 and a debt-to-equity ratio of 0.21. Seaboard Co. has a one year low of $2,365.00 and a one year high of $3,412.00. The stock has a market capitalization of $2.61 billion, a P/E ratio of 29.67 and a beta of 0.36.

Seaboard Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, February 24th were paid a $2.25 dividend. The ex-dividend date was Monday, February 24th. This represents a $9.00 dividend on an annualized basis and a yield of 0.33%. Seaboard’s dividend payout ratio (DPR) is currently 9.93%.

Seaboard 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.