Seaboard Corporation $SEB Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lessened its holdings in Seaboard Corporation (NYSEAMERICAN:SEB) by 42.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 186 shares of the company’s stock after selling 135 shares during the period. SG Americas Securities LLC’s holdings in Seaboard were worth $1,052,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Seaboard by 28.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 872 shares of the company’s stock valued at $2,352,000 after purchasing an additional 193 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Seaboard by 97.0% during the second quarter. JPMorgan Chase & Co. now owns 465 shares of the company’s stock worth $1,330,000 after purchasing an additional 229 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Seaboard by 5.3% in the second quarter. Legal & General Group Plc now owns 376 shares of the company’s stock worth $1,076,000 after buying an additional 19 shares during the period. M&T Bank Corp boosted its position in shares of Seaboard by 3.1% in the second quarter. M&T Bank Corp now owns 99 shares of the company’s stock worth $284,000 after buying an additional 3 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Seaboard by 15.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,229 shares of the company’s stock valued at $3,516,000 after buying an additional 167 shares in the last quarter. Institutional investors and hedge funds own 22.57% of the company’s stock.

Seaboard Stock Performance

Shares of NYSEAMERICAN:SEB opened at $4,337.15 on Friday. The company has a market cap of $4.16 billion, a P/E ratio of 7.14 and a beta of 0.25. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 2.38. Seaboard Corporation has a one year low of $2,953.02 and a one year high of $5,989.37. The business’s 50-day simple moving average is $5,000.12 and its 200 day simple moving average is $5,032.92.

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

Seaboard Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, May 25th. Stockholders of record on Friday, May 15th 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, May 15th. Seaboard’s payout ratio is presently 9.93%.

About Seaboard

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.