Seaboard Co. (NYSEAMERICAN:SEB) Stock Position Lessened by Dark Forest Capital Management LP

Dark Forest Capital Management LP trimmed its position in Seaboard Co. (NYSEAMERICAN:SEB) by 35.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 206 shares of the company’s stock after selling 112 shares during the period. Dark Forest Capital Management LP’s holdings in Seaboard were worth $651,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SEB. Dean Capital Management grew its stake in shares of Seaboard by 0.7% in the 4th quarter. Dean Capital Management now owns 542 shares of the company’s stock worth $1,935,000 after purchasing an additional 4 shares during the last quarter. Covestor Ltd grew its position in Seaboard by 18.5% in the first quarter. Covestor Ltd now owns 32 shares of the company’s stock worth $106,000 after buying an additional 5 shares during the last quarter. Bfsg LLC grew its position in Seaboard by 4.2% in the second quarter. Bfsg LLC now owns 124 shares of the company’s stock worth $392,000 after buying an additional 5 shares during the last quarter. Gladius Capital Management LP bought a new position in shares of Seaboard in the second quarter valued at $32,000. Finally, Diversified Trust Co lifted its position in shares of Seaboard by 8.7% during the 2nd quarter. Diversified Trust Co now owns 163 shares of the company’s stock valued at $515,000 after acquiring an additional 13 shares during the last quarter. 22.57% of the stock is owned by institutional investors.

Seaboard Stock Up 0.8 %

SEB opened at $3,176.47 on Friday. The stock has a market cap of $3.08 billion, a PE ratio of 13.20 and a beta of 0.35. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.45 and a quick ratio of 1.47. Seaboard Co. has a fifty-two week low of $2,955.33 and a fifty-two week high of $3,799.93.

Seaboard (NYSEAMERICAN:SEB) last posted its earnings results on Tuesday, July 30th. The company reported $62.82 earnings per share for the quarter. Seaboard had a return on equity of 5.69% and a net margin of 3.01%. The company had revenue of $2.21 billion for the quarter.

Seaboard Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 19th. Shareholders of record on Friday, August 9th were issued a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date was Friday, August 9th. Seaboard’s dividend payout ratio (DPR) is 3.74%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Seaboard from a “buy” rating to a “hold” rating in a report on Tuesday, September 17th.

Seaboard Company 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.