Seaboard Corporation $SEB Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. reduced its stake in shares of Seaboard Corporation (NYSEAMERICAN:SEB) by 15.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,147 shares of the company’s stock after selling 208 shares during the quarter. Goldman Sachs Group Inc. owned 0.12% of Seaboard worth $3,094,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bfsg LLC lifted its holdings in shares of Seaboard by 8.5% in the first quarter. Bfsg LLC now owns 77 shares of the company’s stock valued at $208,000 after purchasing an additional 6 shares in the last quarter. Aigen Investment Management LP lifted its holdings in shares of Seaboard by 7.0% in the first quarter. Aigen Investment Management LP now owns 92 shares of the company’s stock valued at $248,000 after purchasing an additional 6 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Seaboard by 3.0% in the first quarter. Victory Capital Management Inc. now owns 271 shares of the company’s stock valued at $731,000 after purchasing an additional 8 shares in the last quarter. Covestor Ltd lifted its holdings in shares of Seaboard by 19.5% in the first quarter. Covestor Ltd now owns 49 shares of the company’s stock valued at $133,000 after purchasing an additional 8 shares in the last quarter. Finally, Deutsche Bank AG lifted its holdings in shares of Seaboard by 37.0% in the fourth quarter. Deutsche Bank AG now owns 37 shares of the company’s stock valued at $90,000 after purchasing an additional 10 shares in the last quarter. 22.57% of the stock is currently owned by institutional investors and hedge funds.

Seaboard Stock Performance

Shares of SEB opened at $3,500.20 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.38 and a current ratio of 2.40. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 24.42 and a beta of 0.21. The company’s 50 day simple moving average is $3,542.71 and its 200 day simple moving average is $2,980.41. Seaboard Corporation has a 1 year low of $2,365.00 and a 1 year high of $4,038.54.

Seaboard Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 18th. Stockholders of record on Friday, August 8th were given a $2.25 dividend. The ex-dividend date of this dividend was Friday, August 8th. This represents a $9.00 annualized dividend and a dividend yield of 0.3%. Seaboard’s dividend payout ratio is presently 9.93%.

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.