ClearAlpha Technologies LP Has $301,000 Stock Holdings in Seaboard Co. (NYSEAMERICAN:SEB)

ClearAlpha Technologies LP trimmed its holdings in Seaboard Co. (NYSEAMERICAN:SEB) by 37.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 96 shares of the company’s stock after selling 58 shares during the period. ClearAlpha Technologies LP’s holdings in Seaboard were worth $301,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. BNP Paribas Financial Markets boosted its holdings in Seaboard by 122.5% in the third quarter. BNP Paribas Financial Markets now owns 158 shares of the company’s stock worth $496,000 after purchasing an additional 87 shares in the last quarter. Cerity Partners LLC raised its holdings in Seaboard by 263.5% during the third quarter. Cerity Partners LLC now owns 1,403 shares of the company’s stock valued at $4,401,000 after buying an additional 1,017 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Seaboard by 20.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,962 shares of the company’s stock worth $12,429,000 after buying an additional 663 shares during the last quarter. Factorial Partners LLC boosted its stake in shares of Seaboard by 44.8% during the 3rd quarter. Factorial Partners LLC now owns 1,756 shares of the company’s stock worth $5,509,000 after acquiring an additional 543 shares in the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of Seaboard by 195.4% during the 3rd quarter. Victory Capital Management Inc. now owns 700 shares of the company’s stock valued at $2,196,000 after acquiring an additional 463 shares during the last quarter. Institutional investors and hedge funds own 22.57% of the company’s stock.

Seaboard Price Performance

NYSEAMERICAN SEB opened at $2,607.00 on Tuesday. Seaboard Co. has a 1 year low of $2,559.07 and a 1 year high of $3,796.00. The company has a current ratio of 2.44, a quick ratio of 1.50 and a debt-to-equity ratio of 0.22.

Seaboard (NYSEAMERICAN:SEB) last released its quarterly earnings results on Tuesday, October 29th. The company reported ($153.44) earnings per share (EPS) for the quarter. The firm had revenue of $2.22 billion for the quarter. Seaboard had a negative net margin of 0.02% and a negative return on equity of 0.04%.

Seaboard Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were issued a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date of this dividend was Friday, November 8th. Seaboard’s dividend payout ratio (DPR) is currently -273.56%.

Analysts Set New Price Targets

Separately, StockNews.com lowered Seaboard from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th.

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.