Seaboard Corporation $SEB Shares Acquired by Entropy Technologies LP

Entropy Technologies LP grew its position in shares of Seaboard Corporation (NYSEAMERICAN:SEB) by 92.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 313 shares of the company’s stock after purchasing an additional 150 shares during the quarter. Entropy Technologies LP’s holdings in Seaboard were worth $1,770,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Seaboard by 28.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 872 shares of the company’s stock valued at $2,352,000 after buying an additional 193 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Seaboard by 97.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 465 shares of the company’s stock worth $1,330,000 after purchasing an additional 229 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Seaboard by 5.3% during the 2nd quarter. Legal & General Group Plc now owns 376 shares of the company’s stock valued at $1,076,000 after acquiring an additional 19 shares during the last quarter. M&T Bank Corp grew its position in Seaboard by 3.1% in the second quarter. M&T Bank Corp now owns 99 shares of the company’s stock worth $284,000 after acquiring an additional 3 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its position in Seaboard by 15.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,229 shares of the company’s stock valued at $3,516,000 after buying an additional 167 shares during the last quarter. 22.57% of the stock is currently owned by institutional investors and hedge funds.

Seaboard Stock Performance

Shares of SEB stock opened at $4,714.45 on Monday. Seaboard Corporation has a 1-year low of $3,081.22 and a 1-year high of $5,989.37. The firm has a market cap of $4.53 billion, a PE ratio of 7.76 and a beta of 0.25. The company has a 50-day moving average of $4,827.29 and a two-hundred day moving average of $5,056.66. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.38 and a quick ratio of 1.29.

Seaboard (NYSEAMERICAN:SEB) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $124.24 earnings per share for the quarter. Seaboard had a net margin of 5.93% and a return on equity of 11.42%. The firm had revenue of $2.40 billion during the quarter.

Seaboard Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 25th. Shareholders of record on Friday, May 15th were given a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, May 15th. Seaboard’s payout ratio is currently 9.93%.

Seaboard Company 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.