SG Americas Securities LLC Decreases Stake in Seaboard Corporation $SEB

SG Americas Securities LLC reduced its position in Seaboard Corporation (NYSEAMERICAN:SEB) by 42.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Wells Fargo & Company MN lifted its stake in shares of Seaboard by 33.3% in the fourth quarter. Wells Fargo & Company MN now owns 12 shares of the company’s stock worth $53,000 after acquiring an additional 3 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Seaboard by 160.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 13 shares of the company’s stock valued at $37,000 after purchasing an additional 8 shares in the last quarter. Empowered Funds LLC acquired a new stake in Seaboard during the 4th quarter valued at approximately $58,000. Caitong International Asset Management Co. Ltd purchased a new stake in Seaboard during the 4th quarter worth approximately $93,000. Finally, Farther Finance Advisors LLC increased its holdings in Seaboard by 37.5% during the 4th quarter. Farther Finance Advisors LLC now owns 22 shares of the company’s stock worth $98,000 after purchasing an additional 6 shares during the last quarter. 22.57% of the stock is currently owned by institutional investors and hedge funds.

Seaboard Stock Performance

Shares of SEB opened at $4,337.15 on Friday. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of 7.14 and a beta of 0.25. The company has a quick ratio of 1.29, a current ratio of 2.38 and a debt-to-equity ratio of 0.18. The business’s 50 day moving average is $5,000.12 and its two-hundred day moving average is $5,032.92. Seaboard Corporation has a 52-week low of $2,953.02 and a 52-week high of $5,989.37.

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 net margin of 5.93% and a return on equity of 11.42%. The business had revenue of $2.40 billion during the quarter.

Seaboard Announces Dividend

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