Vanguard Group Inc. Purchases 230 Shares of Seaboard Corporation $SEB

Vanguard Group Inc. boosted its position in shares of Seaboard Corporation (NYSEAMERICAN:SEB) by 0.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,833 shares of the company’s stock after acquiring an additional 230 shares during the period. Vanguard Group Inc.’s holdings in Seaboard were worth $97,860,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Signaturefd LLC increased its stake in shares of Seaboard by 2.9% in the third quarter. Signaturefd LLC now owns 105 shares of the company’s stock worth $383,000 after purchasing an additional 3 shares during the period. M&T Bank Corp grew its holdings in Seaboard by 3.1% in the 2nd quarter. M&T Bank Corp now owns 99 shares of the company’s stock valued at $284,000 after buying an additional 3 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its position in Seaboard by 20.0% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 36 shares of the company’s stock worth $103,000 after buying an additional 6 shares during the period. Treasurer of the State of North Carolina increased its position in Seaboard by 5.1% in 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 period. Finally, Wedmont Private Capital lifted its holdings in shares of Seaboard by 3.0% during the third quarter. Wedmont Private Capital now owns 244 shares of the company’s stock worth $863,000 after buying an additional 7 shares during the last quarter. 22.57% of the stock is owned by institutional investors and hedge funds.

Seaboard Trading Up 0.2%

Shares of Seaboard stock opened at $5,028.83 on Friday. The company’s fifty day simple moving average is $4,909.25 and its 200-day simple moving average is $4,244.62. The company has a market cap of $4.83 billion, a price-to-earnings ratio of 9.75 and a beta of 0.36. The company has a current ratio of 2.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.19. Seaboard Corporation has a 1 year low of $2,437.00 and a 1 year high of $5,654.00.

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

Seaboard Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, February 23rd were given a dividend of $2.25 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.2%. Seaboard’s dividend payout ratio is currently 9.93%.

Seaboard 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.