Seaboard (NYSEAMERICAN:SEB) Sees Strong Trading Volume – What’s Next?

by · The Markets Daily

Shares of Seaboard Corporation (NYSEAMERICAN:SEB – Get Free Report) saw strong trading volume on Tuesday . 4,173 shares changed hands during mid-day trading, an increase of 35% from the previous session’s volume of 3,089 shares.The stock last traded at $4,268.4350 and had previously closed at $4,263.25.

Seaboard Price Performance

The company’s 50 day moving average price is $3,847.40 and its 200-day moving average price is $3,480.25. The stock has a market cap of $4.24 billion, a P/E ratio of 10.75 and a beta of 0.34. The company has a quick ratio of 1.49, a current ratio of 2.44 and a debt-to-equity ratio of 0.20.

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

Seaboard Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, November 7th were given 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 of this dividend was Friday, November 7th. Seaboard’s dividend payout ratio (DPR) is presently 9.93%.

Institutional Trading of Seaboard

Several hedge funds have recently made changes to their positions in the company. M&T Bank Corp grew its holdings in Seaboard by 3.1% during 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. Signaturefd LLC grew its holdings in Seaboard by 2.9% in the third quarter. Signaturefd LLC now owns 105 shares of the company’s stock valued at $383,000 after purchasing an additional 3 shares during the period. Sei Investments Co. boosted its holdings in Seaboard by 2.7% in the third quarter. Sei Investments Co. now owns 113 shares of the company’s stock valued at $412,000 after acquiring an additional 3 shares during the last quarter. Aigen Investment Management LP grew its holdings in shares of Seaboard by 7.0% during the 1st quarter. Aigen Investment Management LP now owns 92 shares of the company’s stock worth $248,000 after purchasing an additional 6 shares during the period. Finally, Treasurer of the State of North Carolina raised its stake in shares of Seaboard by 5.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 123 shares of the company’s stock valued at $352,000 after acquiring an additional 6 shares during the period. 22.57% of the stock is currently owned by institutional investors.

Seaboard Company Profile

(Get Free Report)

Seaboard Corporation, together with its subsidiaries, operates as an agricultural and ocean transportation company worldwide. It operates through six segments: Pork, Commodity Trading and Milling (CT&M), Marine, Sugar and Alcohol, Power, and Turkey. The Pork segment produces and sells pork products to further processors, food service operators, grocery stores, and distributors; hogs; and biodiesel.

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