Corient Private Wealth LLC lifted its stake in Seaboard Corporation (NYSEAMERICAN:SEB – Free Report) by 108.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,045 shares of the company’s stock after purchasing an additional 543 shares during the quarter. Corient Private Wealth LLC owned 0.11% of Seaboard worth $4,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Seaboard by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 27,267 shares of the company’s stock worth $121,197,000 after acquiring an additional 434 shares in the last quarter. M&T Bank Corp grew its stake in shares of Seaboard by 14,586.5% in the 4th quarter. M&T Bank Corp now owns 15,274 shares of the company’s stock valued at $67,890,000 after buying an additional 15,170 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Seaboard by 6.5% in the 3rd quarter. American Century Companies Inc. now owns 5,844 shares of the company’s stock valued at $21,313,000 after buying an additional 359 shares in the last quarter. AQR Capital Management LLC increased its holdings in Seaboard by 11.7% in the fourth quarter. AQR Capital Management LLC now owns 4,793 shares of the company’s stock worth $21,302,000 after buying an additional 501 shares during the last quarter. Finally, Twin Lions Management LLC increased its holdings in Seaboard by 14.4% in the fourth quarter. Twin Lions Management LLC now owns 4,398 shares of the company’s stock worth $19,548,000 after buying an additional 555 shares during the last quarter. 22.57% of the stock is currently owned by institutional investors and hedge funds.
Seaboard Price Performance
NYSEAMERICAN SEB opened at $4,738.08 on Friday. The company has a quick ratio of 1.29, a current ratio of 2.38 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $4.55 billion, a PE ratio of 7.80 and a beta of 0.23. Seaboard Corporation has a 12-month low of $2,740.00 and a 12-month high of $5,989.37. The company has a 50 day moving average price of $5,124.98 and a two-hundred day moving average price of $5,031.67.
Seaboard Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, May 25th. Investors of record on Friday, May 15th were issued a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, May 15th. 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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