Occudo Quantitative Strategies LP Decreases Stock Holdings in Seaboard Co. (NYSEAMERICAN:SEB)

Occudo Quantitative Strategies LP reduced its position in shares of Seaboard Co. (NYSEAMERICAN:SEB) by 16.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 93 shares of the company’s stock after selling 18 shares during the period. Occudo Quantitative Strategies LP’s holdings in Seaboard were worth $226,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SEB. Barclays PLC lifted its position in shares of Seaboard by 382.3% during the 3rd quarter. Barclays PLC now owns 1,881 shares of the company’s stock worth $5,900,000 after purchasing an additional 1,491 shares during the last quarter. Oak Thistle LLC purchased a new position in shares of Seaboard during the fourth quarter worth about $253,000. SG Americas Securities LLC acquired a new stake in shares of Seaboard during the fourth quarter worth about $102,000. Perigon Wealth Management LLC purchased a new stake in shares of Seaboard in the 4th quarter valued at about $286,000. Finally, Private Management Group Inc. lifted its holdings in shares of Seaboard by 30.8% in the 4th quarter. Private Management Group Inc. now owns 8,541 shares of the company’s stock valued at $20,752,000 after purchasing an additional 2,010 shares during the last quarter. 22.57% of the stock is owned by hedge funds and other institutional investors.

Seaboard Stock Down 0.9%

Seaboard stock opened at $2,474.82 on Friday. Seaboard Co. has a fifty-two week low of $2,365.00 and a fifty-two week high of $3,411.10. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.50 and a current ratio of 2.50. The company has a market capitalization of $2.40 billion, a P/E ratio of 27.31 and a beta of 0.36. The stock has a 50-day simple moving average of $2,601.69 and a 200-day simple moving average of $2,679.79.

Seaboard Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, May 8th will be issued a $2.25 dividend. This represents a $9.00 annualized dividend and a dividend yield of 0.36%. The ex-dividend date is Thursday, May 8th. Seaboard’s payout ratio is currently 9.93%.

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.