Factorial Partners LLC increased its position in shares of Seaboard Co. (NYSEAMERICAN:SEB – Free Report) by 44.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,756 shares of the company’s stock after buying an additional 543 shares during the quarter. Seaboard comprises approximately 3.2% of Factorial Partners LLC’s portfolio, making the stock its 4th largest position. Factorial Partners LLC’s holdings in Seaboard were worth $5,509,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Gladius Capital Management LP acquired a new position in Seaboard in the second quarter valued at about $32,000. Farther Finance Advisors LLC acquired a new position in shares of Seaboard in the 3rd quarter worth approximately $50,000. Innealta Capital LLC purchased a new position in shares of Seaboard during the 2nd quarter worth approximately $60,000. Covestor Ltd raised its position in Seaboard by 18.5% in the first quarter. Covestor Ltd now owns 32 shares of the company’s stock valued at $106,000 after purchasing an additional 5 shares during the period. Finally, Squarepoint Ops LLC purchased a new stake in Seaboard in the second quarter valued at approximately $205,000. 22.57% of the stock is currently owned by institutional investors and hedge funds.
Seaboard Price Performance
Shares of Seaboard stock opened at $2,652.42 on Wednesday. The stock has a market cap of $2.57 billion, a PE ratio of -806.20 and a beta of 0.37. Seaboard Co. has a one year low of $2,580.28 and a one year high of $3,796.00. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.44 and a quick ratio of 1.50.
Seaboard Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were paid a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a yield of 0.34%. The ex-dividend date of this dividend was Friday, November 8th. Seaboard’s dividend payout ratio is presently -273.56%.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Seaboard from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th.
Check Out Our Latest Report on SEB
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.
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