Ieq Capital LLC Takes Position in Seaboard Corporation $SEB

Ieq Capital LLC bought a new position in shares of Seaboard Corporation (NYSEAMERICAN:SEB) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 280 shares of the company’s stock, valued at approximately $1,250,000.

Other hedge funds have also added to or reduced their stakes in the company. KBC Group NV acquired a new stake in Seaboard in the first quarter worth about $34,000. EverSource Wealth Advisors LLC lifted its position 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 purchasing an additional 8 shares during the period. Wells Fargo & Company MN lifted its position in Seaboard by 33.3% during the 4th quarter. Wells Fargo & Company MN now owns 12 shares of the company’s stock valued at $53,000 after purchasing an additional 3 shares during the period. Empowered Funds LLC bought a new position in shares of Seaboard in the 4th quarter valued at about $58,000. Finally, Fifth Third Bancorp bought a new position in shares of Seaboard in the 1st quarter valued at about $62,000. Institutional investors own 22.57% of the company’s stock.

Seaboard Stock Down 2.6%

Shares of NYSEAMERICAN:SEB opened at $4,026.77 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.40 and a quick ratio of 1.33. The stock has a market cap of $3.87 billion, a price-to-earnings ratio of 6.08 and a beta of 0.24. The company has a 50 day moving average of $4,486.13 and a 200-day moving average of $4,975.48. Seaboard Corporation has a one year low of $3,140.01 and a one year high of $5,989.37.

Seaboard (NYSEAMERICAN:SEB) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $159.74 earnings per share for the quarter. Seaboard had a net margin of 6.17% and a return on equity of 12.03%. The business had revenue of $2.92 billion for the quarter.

Seaboard Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 24th. Stockholders of record on Friday, August 14th were paid a $2.25 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.2%. Seaboard’s dividend payout ratio is 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.