Seaboard Corporation (NYSEAMERICAN:SEB) Short Interest Update

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

Seaboard Stock Performance

NYSEAMERICAN:SEB traded down $213.73 during mid-day trading on Friday, reaching $5,373.93. 35,039 shares of the company’s stock were exchanged, compared to its average volume of 19,433. Seaboard has a one year low of $2,437.00 and a one year high of $5,654.00. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.49 and a current ratio of 2.44. The business’s fifty day simple moving average is $4,733.24 and its two-hundred day simple moving average is $4,094.99. The firm has a market capitalization of $5.16 billion, a PE ratio of 10.41 and a beta of 0.37.

Seaboard (NYSEAMERICAN:SEB) last posted its quarterly earnings data on Thursday, February 12th. The company reported $262.99 earnings per share (EPS) for the quarter. Seaboard had a net margin of 5.09% and a return on equity of 10.20%. The firm had revenue of $2.41 billion during the quarter.

Seaboard Announces Dividend

The business also recently disclosed 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 yield of 0.2%. The ex-dividend date is Monday, February 23rd. Seaboard’s dividend payout ratio (DPR) is 9.93%.

Hedge Funds Weigh In On Seaboard

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Seaboard by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 27,267 shares of the company’s stock worth $121,197,000 after acquiring an additional 434 shares during the period. M&T Bank Corp raised its position in Seaboard by 14,586.5% during the fourth quarter. M&T Bank Corp now owns 15,274 shares of the company’s stock valued at $67,890,000 after purchasing an additional 15,170 shares in the last quarter. American Century Companies Inc. lifted its stake in Seaboard by 6.5% during the third quarter. American Century Companies Inc. now owns 5,844 shares of the company’s stock worth $21,313,000 after purchasing an additional 359 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Seaboard by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 4,322 shares of the company’s stock valued at $19,216,000 after purchasing an additional 64 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Seaboard by 33.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,499 shares of the company’s stock valued at $7,149,000 after purchasing an additional 622 shares in the last quarter. 22.57% of the stock is currently owned by institutional investors and hedge funds.

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.