Seaboard (NYSEAMERICAN:SEB) Reaches New 52-Week Low at $3,060.00

Seaboard Co. (NYSEAMERICAN:SEB)’s share price hit a new 52-week low on Wednesday . The stock traded as low as $3,060.00 and last traded at $3,069.93, with a volume of 902 shares. The stock had previously closed at $3,108.58.

Analyst Upgrades and Downgrades

Separately, TheStreet cut Seaboard from a “b” rating to a “c+” rating in a report on Thursday, February 15th.

Seaboard Trading Up 3.6 %

The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.42 and a current ratio of 2.52. The firm has a market cap of $3.15 billion, a PE ratio of 15.73 and a beta of 0.41.

Seaboard (NYSEAMERICAN:SEB) last posted its earnings results on Tuesday, February 13th. The company reported $64.67 EPS for the quarter. The firm had revenue of $2.28 billion during the quarter. Seaboard had a return on equity of 4.55% and a net margin of 2.36%.

Seaboard Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 4th. Investors of record on Friday, February 23rd were given a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a yield of 0.28%. The ex-dividend date of this dividend was Thursday, February 22nd. Seaboard’s dividend payout ratio is currently 4.41%.

Hedge Funds Weigh In On Seaboard

A number of hedge funds and other institutional investors have recently made changes to their positions in SEB. Deutsche Bank AG lifted its holdings in Seaboard by 15,133,323.3% in the third quarter. Deutsche Bank AG now owns 4,540,027 shares of the company’s stock valued at $17,038,721,000 after buying an additional 4,539,997 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Seaboard by 5.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 42,580 shares of the company’s stock valued at $152,015,000 after purchasing an additional 2,342 shares during the period. Vanguard Group Inc. boosted its position in shares of Seaboard by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 23,123 shares of the company’s stock valued at $82,551,000 after purchasing an additional 999 shares in the last quarter. BlackRock Inc. grew its stake in Seaboard by 6.2% during the second quarter. BlackRock Inc. now owns 15,471 shares of the company’s stock worth $55,088,000 after purchasing an additional 910 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in Seaboard by 2,402.8% in the first quarter. Envestnet Asset Management Inc. now owns 11,788 shares of the company’s stock worth $1,802,000 after purchasing an additional 11,317 shares in the last quarter. 22.57% of the stock is owned by institutional investors and hedge funds.

About Seaboard

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.