Seaboard Corporation (NYSEAMERICAN:SEB) Short Interest Update

Seaboard Corporation (NYSEAMERICAN:SEB) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 14,542 shares, an increase of 38.6% from the January 15th total of 10,494 shares. Approximately 5.7% of the shares of the company are sold short. Based on an average daily volume of 21,414 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 21,414 shares, the short-interest ratio is presently 0.7 days. Approximately 5.7% of the shares of the company are sold short.

Hedge Funds Weigh In On Seaboard

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Personalized Indexing Management LLC grew its position in Seaboard by 4.5% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 92 shares of the company’s stock valued at $409,000 after buying an additional 4 shares during the period. Sargent Investment Group LLC purchased a new position in shares of Seaboard during the 4th quarter worth $311,000. Entropy Technologies LP bought a new stake in shares of Seaboard during the 4th quarter valued at $725,000. Maverick Capital Ltd. purchased a new stake in shares of Seaboard in the 4th quarter worth $3,080,000. Finally, Marshall Wace LLP bought a new position in Seaboard in the 4th quarter worth $5,623,000. Hedge funds and other institutional investors own 22.57% of the company’s stock.

Seaboard Stock Performance

NYSEAMERICAN:SEB traded down $213.73 during trading hours on Monday, reaching $5,373.93. The company had a trading volume of 35,039 shares, compared to its average volume of 20,507. The firm has a market cap of $5.16 billion, a price-to-earnings ratio of 10.41 and a beta of 0.37. The company has a current ratio of 2.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.19. The firm’s 50 day moving average price is $4,755.45 and its 200-day moving average price is $4,116.69. Seaboard has a 52 week low of $2,437.00 and a 52 week high of $5,654.00.

Seaboard (NYSEAMERICAN:SEB) last released its quarterly earnings results on Thursday, February 12th. The company reported $262.99 earnings per share (EPS) for the quarter. Seaboard had a return on equity of 10.01% and a net margin of 5.09%.The firm had revenue of $2.41 billion for the quarter.

Seaboard Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Monday, February 23rd will be paid a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Monday, February 23rd. Seaboard’s payout ratio is currently 9.93%.

About Seaboard

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.