Hsbc Holdings PLC Reduces Position in Seaboard Corporation $SEB

Hsbc Holdings PLC trimmed its position in shares of Seaboard Corporation (NYSEAMERICAN:SEB) by 22.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 728 shares of the company’s stock after selling 211 shares during the period. Hsbc Holdings PLC owned about 0.08% of Seaboard worth $3,245,000 as of its most recent SEC filing.

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

Seaboard Stock Performance

SEB stock opened at $4,738.08 on Monday. Seaboard Corporation has a twelve month low of $2,740.00 and a twelve month high of $5,989.37. The firm has a market cap of $4.55 billion, a price-to-earnings ratio of 7.80 and a beta of 0.23. The business’s fifty day simple moving average is $5,124.98 and its two-hundred day simple moving average is $5,037.08. The company has a quick ratio of 1.29, a current ratio of 2.38 and a debt-to-equity ratio of 0.18.

Seaboard (NYSEAMERICAN:SEB) last issued its earnings results on Tuesday, May 5th. The company reported $124.24 earnings per share (EPS) for the quarter. The firm had revenue of $2.40 billion during the quarter. Seaboard had a net margin of 5.93% and a return on equity of 11.42%.

Seaboard Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 25th. Shareholders of record on Friday, May 15th were given a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, May 15th. Seaboard’s payout ratio is 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.