Seaboard (NYSEAMERICAN:SEB) Reaches New 12-Month Low at $3,060.00

Seaboard Co. (NYSEAMERICAN:SEB) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $3,060.00 and last traded at $3,069.93, with a volume of 902 shares trading hands. 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 research note on Thursday, February 15th.

Seaboard Stock Performance

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

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

Seaboard Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 4th. Stockholders of record on Friday, February 23rd were paid a $2.25 dividend. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.28%. Seaboard’s dividend payout ratio (DPR) is currently 4.41%.

Institutional Trading of Seaboard

Several large investors have recently added to or reduced their stakes in SEB. Legal & General Group Plc lifted its stake in shares of Seaboard by 2.8% during the 4th quarter. Legal & General Group Plc now owns 112 shares of the company’s stock valued at $423,000 after buying an additional 3 shares in the last quarter. Legato Capital Management LLC raised its holdings in Seaboard by 0.7% during the fourth quarter. Legato Capital Management LLC now owns 542 shares of the company’s stock valued at $1,935,000 after acquiring an additional 4 shares during the period. Bfsg LLC boosted its stake in shares of Seaboard by 3.8% in the fourth quarter. Bfsg LLC now owns 110 shares of the company’s stock worth $393,000 after acquiring an additional 4 shares during the period. Dean Capital Management boosted its stake in shares of Seaboard by 0.7% in the fourth quarter. Dean Capital Management now owns 542 shares of the company’s stock worth $1,935,000 after acquiring an additional 4 shares during the period. Finally, UBS Group AG grew its position in shares of Seaboard by 9.5% during the first quarter. UBS Group AG now owns 46 shares of the company’s stock worth $173,000 after purchasing an additional 4 shares in the last quarter. 22.57% of the stock is currently owned by institutional investors.

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.