Diamond Hill Capital Management Inc. Decreases Holdings in Seaboard Co. (NYSEAMERICAN:SEB)

Diamond Hill Capital Management Inc. decreased its position in shares of Seaboard Co. (NYSEAMERICAN:SEB) by 26.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 375 shares of the company’s stock after selling 134 shares during the quarter. Diamond Hill Capital Management Inc.’s holdings in Seaboard were worth $911,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in Seaboard in the 3rd quarter valued at approximately $25,000. SG Americas Securities LLC purchased a new stake in Seaboard in the 4th quarter valued at approximately $102,000. Versor Investments LP purchased a new stake in Seaboard in the 3rd quarter valued at approximately $216,000. Bfsg LLC lifted its stake in Seaboard by 22.4% in the 4th quarter. Bfsg LLC now owns 71 shares of the company’s stock valued at $173,000 after buying an additional 13 shares in the last quarter. Finally, Aigen Investment Management LP purchased a new position in shares of Seaboard during the 4th quarter worth $209,000. Hedge funds and other institutional investors own 22.57% of the company’s stock.

Seaboard Stock Up 1.0 %

Shares of Seaboard stock opened at $2,688.80 on Friday. Seaboard Co. has a fifty-two week low of $2,365.00 and a fifty-two week high of $3,412.00. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of 29.67 and a beta of 0.36. The business’s fifty day simple moving average is $2,579.22. The company has a current ratio of 2.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.21.

Seaboard Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, February 24th were paid a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date was Monday, February 24th. Seaboard’s dividend payout ratio is presently 9.93%.

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.