Seaboard (NYSEAMERICAN:SEB) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Seaboard Corporation (NYSEAMERICAN:SEB)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $5,044.23 and traded as low as $4,634.95. Seaboard shares last traded at $4,705.56, with a volume of 3,522 shares traded.

Seaboard Stock Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 2.38 and a quick ratio of 1.29. The stock has a market capitalization of $4.52 billion, a P/E ratio of 7.75 and a beta of 0.25. The company has a fifty day moving average of $4,858.51 and a two-hundred day moving average of $5,044.23.

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

Seaboard Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, May 25th. Investors of record on Friday, May 15th were given a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, May 15th. Seaboard’s dividend payout ratio is currently 9.93%.

Hedge Funds Weigh In On Seaboard

Large investors have recently added to or reduced their stakes in the company. KBC Group NV bought a new stake in Seaboard during the first quarter valued at $34,000. EverSource Wealth Advisors LLC raised its holdings in shares of Seaboard by 160.0% during the second quarter. EverSource Wealth Advisors LLC now owns 13 shares of the company’s stock worth $37,000 after purchasing an additional 8 shares during the period. Wells Fargo & Company MN grew its position in shares of Seaboard by 33.3% during the 4th quarter. Wells Fargo & Company MN now owns 12 shares of the company’s stock valued at $53,000 after buying an additional 3 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of Seaboard during the 4th quarter valued at about $58,000. Finally, Fifth Third Bancorp bought a new stake in shares of Seaboard during the 1st quarter valued at about $62,000. 22.57% of the stock is currently owned by 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.