Dimensional Fund Advisors LP Sells 749 Shares of Seaboard Corporation $SEB

Dimensional Fund Advisors LP trimmed its position in Seaboard Corporation (NYSEAMERICAN:SEB) by 1.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,133 shares of the company’s stock after selling 749 shares during the period. Dimensional Fund Advisors LP owned 4.70% of Seaboard worth $164,602,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SEB. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Seaboard by 28.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 872 shares of the company’s stock worth $2,352,000 after buying an additional 193 shares during the period. Teacher Retirement System of Texas purchased a new position in Seaboard during the 2nd quarter valued at about $212,000. Bank of New York Mellon Corp lifted its position in Seaboard by 33.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,499 shares of the company’s stock valued at $7,149,000 after acquiring an additional 622 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Seaboard by 264.6% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 638 shares of the company’s stock worth $1,825,000 after acquiring an additional 463 shares in the last quarter. Finally, Allworth Financial LP purchased a new stake in Seaboard in the second quarter worth about $31,000. Hedge funds and other institutional investors own 22.57% of the company’s stock.

Seaboard Price Performance

Shares of NYSEAMERICAN SEB opened at $4,862.36 on Tuesday. The company has a 50 day simple moving average of $4,931.60 and a two-hundred day simple moving average of $4,273.47. Seaboard Corporation has a fifty-two week low of $2,437.00 and a fifty-two week high of $5,654.00. The company has a market capitalization of $4.67 billion, a price-to-earnings ratio of 9.42 and a beta of 0.36. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.40 and a current ratio of 2.40.

Seaboard (NYSEAMERICAN:SEB) last issued its quarterly earnings results on Thursday, February 12th. The company reported $262.99 EPS for the quarter. The firm had revenue of $2.41 billion for the quarter. Seaboard had a return on equity of 10.01% and a net margin of 5.09%.

Seaboard Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, February 23rd were issued a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Monday, February 23rd. Seaboard’s payout ratio is 9.93%.

About Seaboard

Seaboard Corporation is a diversified agribusiness and transportation company engaged in a range of global operations. Organized into several operating segments, the company’s principal activities include pork production and processing, commodity trading and milling, marine products, sugar production, and shipping. Seaboard’s integrated business model spans the entire value chain—from feed grain procurement and hog production to finished pork products—enabling the company to capture efficiencies across each stage of its operations.

In its pork segment, conducted under the Seaboard Foods subsidiary, the company raises hogs and operates slaughter and processing facilities in the United States.