SG Americas Securities LLC lifted its stake in shares of Seaboard Corporation (NYSEAMERICAN:SEB – Free Report) by 79.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 321 shares of the company’s stock after buying an additional 142 shares during the period. SG Americas Securities LLC’s holdings in Seaboard were worth $1,427,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of SEB. EverSource Wealth Advisors LLC lifted its stake in Seaboard by 160.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 13 shares of the company’s stock valued at $37,000 after acquiring an additional 8 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Seaboard by 328.6% in the third quarter. Russell Investments Group Ltd. now owns 30 shares of the company’s stock valued at $109,000 after purchasing an additional 23 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of Seaboard by 20.0% during the second quarter. CANADA LIFE ASSURANCE Co now owns 36 shares of the company’s stock valued at $103,000 after purchasing an additional 6 shares in the last quarter. Abel Hall LLC purchased a new position in Seaboard during the third quarter worth about $201,000. Finally, Brighton Jones LLC purchased a new position in Seaboard during the third quarter worth about $208,000. 22.57% of the stock is owned by hedge funds and other institutional investors.
Seaboard Trading Down 1.7%
Shares of SEB stock opened at $5,807.52 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.40 and a current ratio of 2.40. The company has a market capitalization of $5.58 billion, a price-to-earnings ratio of 11.25 and a beta of 0.28. Seaboard Corporation has a 52-week low of $2,437.00 and a 52-week high of $5,932.39. The company has a 50-day simple moving average of $5,206.98 and a two-hundred day simple moving average of $4,471.90.
Seaboard Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, February 23rd were given a $2.25 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $9.00 annualized dividend and a yield of 0.2%. Seaboard’s payout ratio is currently 9.93%.
Seaboard Profile
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.
See Also
Receive News & Ratings for Seaboard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seaboard and related companies with MarketBeat.com's FREE daily email newsletter.
