Seaboard (NYSEAMERICAN:SEB) Stock Passes Below 200-Day Moving Average – Time to Sell?

Seaboard Corporation (NYSEAMERICAN:SEB) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4,994.65 and traded as low as $4,832.37. Seaboard shares last traded at $5,048.16, with a volume of 13,640 shares trading hands.

Seaboard Price Performance

The stock has a fifty day moving average of $5,338.10 and a two-hundred day moving average of $4,994.65. The stock has a market cap of $4.85 billion, a price-to-earnings ratio of 8.31 and a beta of 0.23. 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 released its earnings results on Tuesday, May 5th. The company reported $124.24 EPS for the quarter. The company had revenue of $2.40 billion during the quarter. Seaboard had a return on equity of 11.42% and a net margin of 5.93%.

Seaboard Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 25th. Investors of record on Friday, May 15th were paid a $2.25 dividend. The ex-dividend date was Friday, May 15th. This represents a $9.00 annualized dividend and a dividend yield of 0.2%. Seaboard’s dividend payout ratio (DPR) is 9.93%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in SEB. Citigroup Inc. grew its holdings in shares of Seaboard by 982.6% in the 3rd quarter. Citigroup Inc. now owns 498 shares of the company’s stock worth $1,816,000 after acquiring an additional 452 shares during the period. Vanguard Group Inc. raised its holdings in Seaboard by 0.9% during the third quarter. Vanguard Group Inc. now owns 26,833 shares of the company’s stock worth $97,860,000 after purchasing an additional 230 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new position in Seaboard during the fourth quarter worth $858,000. M&T Bank Corp boosted its position in Seaboard by 14,586.5% during the fourth quarter. M&T Bank Corp now owns 15,274 shares of the company’s stock worth $67,890,000 after purchasing an additional 15,170 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in Seaboard by 79.3% in the fourth quarter. SG Americas Securities LLC now owns 321 shares of the company’s stock valued at $1,427,000 after purchasing an additional 142 shares during the last quarter. 22.57% of the stock is owned by hedge funds and other institutional investors.

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.