Vanguard Group Inc. Increases Stake in Seaboard Corporation $SEB

Vanguard Group Inc. increased its stake in Seaboard Corporation (NYSEAMERICAN:SEB) by 1.6% in the fourth quarter, Holdings Channel reports. The firm owned 27,267 shares of the company’s stock after purchasing an additional 434 shares during the period. Vanguard Group Inc.’s holdings in Seaboard were worth $121,197,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC raised its holdings in shares of Seaboard by 160.0% in the second quarter. EverSource Wealth Advisors LLC now owns 13 shares of the company’s stock worth $37,000 after buying an additional 8 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Seaboard by 37.5% in the 4th quarter. Farther Finance Advisors LLC now owns 22 shares of the company’s stock valued at $98,000 after acquiring an additional 6 shares during the period. CANADA LIFE ASSURANCE Co increased its position in shares of Seaboard by 20.0% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 36 shares of the company’s stock valued at $103,000 after acquiring an additional 6 shares during the period. Russell Investments Group Ltd. raised its stake in Seaboard by 328.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 30 shares of the company’s stock worth $109,000 after acquiring an additional 23 shares during the last quarter. Finally, Abel Hall LLC acquired a new stake in Seaboard during the 3rd quarter worth about $201,000. Institutional investors and hedge funds own 22.57% of the company’s stock.

Seaboard Stock Up 1.0%

Seaboard stock opened at $4,639.99 on Wednesday. The business’s 50-day simple moving average is $5,365.27 and its two-hundred day simple moving average is $4,806.86. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 2.38. The company has a market cap of $4.45 billion, a PE ratio of 7.64 and a beta of 0.27. Seaboard Corporation has a fifty-two week low of $2,437.00 and a fifty-two week high of $5,989.37.

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

Seaboard Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 25th. Investors of record on Friday, May 15th will be issued a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, May 15th. Seaboard’s payout ratio is 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.