UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in shares of Seaboard Co. (NYSEAMERICAN:SEB – Free Report) by 19.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 425 shares of the company’s stock after selling 101 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Seaboard were worth $1,333,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in shares of Seaboard by 2.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 45,989 shares of the company’s stock worth $145,358,000 after purchasing an additional 1,081 shares during the period. AQR Capital Management LLC lifted its position in Seaboard by 81.4% in the second quarter. AQR Capital Management LLC now owns 9,204 shares of the company’s stock valued at $28,957,000 after buying an additional 4,129 shares during the last quarter. Private Management Group Inc. lifted its position in Seaboard by 4.6% in the third quarter. Private Management Group Inc. now owns 6,531 shares of the company’s stock valued at $20,488,000 after buying an additional 289 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Seaboard by 20.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,962 shares of the company’s stock worth $12,429,000 after buying an additional 663 shares during the period. Finally, American Century Companies Inc. increased its position in shares of Seaboard by 8.3% during the second quarter. American Century Companies Inc. now owns 3,725 shares of the company’s stock valued at $11,774,000 after acquiring an additional 287 shares during the last quarter. 22.57% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of Seaboard from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th.
Seaboard Stock Down 0.8 %
Shares of NYSEAMERICAN SEB opened at $2,537.00 on Wednesday. The company has a quick ratio of 1.50, a current ratio of 2.44 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $2.46 billion, a PE ratio of -772.78 and a beta of 0.35. Seaboard Co. has a twelve month low of $2,510.00 and a twelve month high of $3,796.00.
Seaboard (NYSEAMERICAN:SEB – Get Free Report) last released its earnings results on Tuesday, October 29th. The company reported ($153.44) earnings per share for the quarter. The firm had revenue of $2.22 billion during the quarter. Seaboard had a negative net margin of 0.02% and a negative return on equity of 0.04%.
Seaboard Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were paid a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a yield of 0.35%. The ex-dividend date of this dividend was Friday, November 8th. Seaboard’s payout ratio is currently -273.56%.
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.
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