Seaboard Co. (NYSEAMERICAN:SEB) Shares Sold by Amalgamated Bank

Amalgamated Bank lessened its holdings in Seaboard Co. (NYSEAMERICAN:SEB) by 8.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 44 shares of the company’s stock after selling 4 shares during the period. Amalgamated Bank’s holdings in Seaboard were worth $139,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Dean Capital Management raised its holdings in shares of Seaboard by 0.7% during the fourth quarter. Dean Capital Management now owns 542 shares of the company’s stock valued at $1,935,000 after buying an additional 4 shares during the last quarter. Covestor Ltd lifted its stake in Seaboard by 18.5% during 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 last quarter. Bfsg LLC lifted its holdings in shares of Seaboard by 4.2% in the second quarter. Bfsg LLC now owns 124 shares of the company’s stock valued at $392,000 after purchasing an additional 5 shares in the last quarter. Gladius Capital Management LP purchased a new position in Seaboard during the second quarter valued at approximately $32,000. Finally, Diversified Trust Co boosted its stake in shares of Seaboard by 8.7% during the 2nd quarter. Diversified Trust Co now owns 163 shares of the company’s stock valued at $515,000 after buying an additional 13 shares during the period. Institutional investors and hedge funds own 22.57% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Seaboard from a “buy” rating to a “hold” rating in a research note on Tuesday, September 17th.

Seaboard Trading Up 0.8 %

Shares of SEB stock opened at $3,163.38 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.45 and a quick ratio of 1.47. Seaboard Co. has a 12 month low of $2,955.33 and a 12 month high of $3,796.00. The company has a market cap of $3.07 billion, a PE ratio of 13.14 and a beta of 0.35.

Seaboard (NYSEAMERICAN:SEB) last issued its quarterly earnings results on Tuesday, July 30th. The company reported $62.82 earnings per share (EPS) for the quarter. The business had revenue of $2.21 billion for the quarter. Seaboard had a net margin of 3.01% and a return on equity of 5.69%.

Seaboard Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 19th. Investors of record on Friday, August 9th were issued a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a dividend yield of 0.28%. The ex-dividend date was Friday, August 9th. Seaboard’s payout ratio is 3.74%.

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.