Sumitomo Mitsui Trust Group Inc. Has $277,000 Stake in Seaboard Corporation $SEB

Sumitomo Mitsui Trust Group Inc. lessened its position in Seaboard Corporation (NYSEAMERICAN:SEB) by 74.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 49 shares of the company’s stock after selling 144 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Seaboard were worth $277,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its position in shares of Seaboard by 160.0% in the second quarter. EverSource Wealth Advisors LLC now owns 13 shares of the company’s stock valued at $37,000 after acquiring an additional 8 shares during the last quarter. Wells Fargo & Company MN raised its stake in Seaboard by 33.3% in the 4th quarter. Wells Fargo & Company MN now owns 12 shares of the company’s stock valued at $53,000 after acquiring an additional 3 shares during the period. Empowered Funds LLC bought a new position in shares of Seaboard in the fourth quarter valued at about $58,000. Caitong International Asset Management Co. Ltd acquired a new stake in Seaboard during the fourth quarter worth approximately $93,000. Finally, Farther Finance Advisors LLC grew its position in shares of Seaboard by 37.5% in the fourth quarter. Farther Finance Advisors LLC now owns 22 shares of the company’s stock valued at $98,000 after purchasing an additional 6 shares during the last quarter. 22.57% of the stock is currently owned by institutional investors and hedge funds.

Seaboard Stock Down 1.7%

SEB opened at $4,588.75 on Friday. Seaboard Corporation has a fifty-two week low of $2,990.00 and a fifty-two week high of $5,989.37. 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 capitalization of $4.41 billion, a P/E ratio of 7.56 and a beta of 0.25. The stock has a fifty day moving average of $4,834.16 and a 200-day moving average of $5,049.59.

Seaboard (NYSEAMERICAN:SEB) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $124.24 earnings per share (EPS) 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, May 25th. Investors of record on Friday, May 15th were given a dividend of $2.25 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $9.00 dividend on an annualized basis and a yield of 0.2%. Seaboard’s dividend 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.