Seaboard (NYSEAMERICAN:SEB) Sees Large Volume Increase – Here’s What Happened

Seaboard Corporation (NYSEAMERICAN:SEB) saw an uptick in trading volume on Tuesday . 3,388 shares traded hands during mid-day trading, a decline of 3% from the previous session’s volume of 3,486 shares.The stock last traded at $4,363.00 and had previously closed at $4,367.15.

Seaboard Stock Down 1.5%

The business’s fifty day simple moving average is $3,997.84 and its two-hundred day simple moving average is $3,582.59. The company has a market cap of $4.13 billion, a PE ratio of 10.48 and a beta of 0.33. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.44 and a quick ratio of 1.49.

Seaboard (NYSEAMERICAN:SEB) last posted its quarterly earnings data on Tuesday, October 28th. The company reported $113.71 earnings per share for the quarter. Seaboard had a net margin of 4.04% and a return on equity of 8.21%. The company had revenue of $2.54 billion during the quarter.

Seaboard Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, November 7th were issued a $2.25 dividend. The ex-dividend date was Friday, November 7th. This represents a $9.00 dividend on an annualized basis and a yield of 0.2%. Seaboard’s dividend payout ratio is presently 9.93%.

Institutional Investors Weigh In On Seaboard

Large investors have recently made changes to their positions in the stock. Signaturefd LLC increased its stake in shares of Seaboard by 2.9% in the 3rd quarter. Signaturefd LLC now owns 105 shares of the company’s stock worth $383,000 after acquiring an additional 3 shares during the last quarter. M&T Bank Corp raised its stake in Seaboard by 3.1% during the second quarter. M&T Bank Corp now owns 99 shares of the company’s stock worth $284,000 after purchasing an additional 3 shares during the period. Sei Investments Co. boosted its holdings in Seaboard by 2.7% in the 3rd quarter. Sei Investments Co. now owns 113 shares of the company’s stock valued at $412,000 after purchasing an additional 3 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its stake 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 buying an additional 6 shares during the period. Finally, Treasurer of the State of North Carolina increased its holdings in shares of Seaboard by 5.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 123 shares of the company’s stock worth $352,000 after buying an additional 6 shares during the last quarter. 22.57% of the stock is currently owned by hedge funds and other institutional investors.

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.