Diversified Trust Co Purchases 13 Shares of Seaboard Co. (NYSEAMERICAN:SEB)

Diversified Trust Co grew its holdings in Seaboard Co. (NYSEAMERICAN:SEB) by 8.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 163 shares of the company’s stock after purchasing an additional 13 shares during the quarter. Diversified Trust Co’s holdings in Seaboard were worth $515,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of SEB. Dimensional Fund Advisors LP raised its position in 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 buying an additional 2,342 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Seaboard by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 23,189 shares of the company’s stock worth $74,759,000 after buying an additional 66 shares in the last quarter. Kahn Brothers Group Inc. lifted its holdings in shares of Seaboard by 1.0% in the first quarter. Kahn Brothers Group Inc. now owns 9,052 shares of the company’s stock worth $29,183,000 after acquiring an additional 89 shares during the last quarter. DAVENPORT & Co LLC grew its stake in shares of Seaboard by 4.8% during the first quarter. DAVENPORT & Co LLC now owns 7,372 shares of the company’s stock worth $23,608,000 after buying an additional 337 shares during the last quarter. Finally, Herr Investment Group LLC bought a new stake in shares of Seaboard during the first quarter worth about $20,714,000. 22.57% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Seaboard from a “hold” rating to a “buy” rating in a research report on Wednesday.

Seaboard Trading Down 1.2 %

Seaboard stock opened at $3,021.00 on Thursday. The company has a market capitalization of $2.93 billion, a P/E ratio of 12.55 and a beta of 0.35. Seaboard Co. has a 1-year low of $2,955.33 and a 1-year high of $3,862.00. The company has a quick ratio of 1.47, a current ratio of 2.45 and a debt-to-equity ratio of 0.21.

Seaboard Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 19th. Stockholders of record on Friday, August 9th will be paid a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date of this dividend is Friday, August 9th. Seaboard’s dividend payout ratio (DPR) is presently 3.74%.

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.