Seaboard (NYSEAMERICAN:SEB) Sees Strong Trading Volume

Seaboard Co. (NYSEAMERICAN:SEB) shares saw an uptick in trading volume on Monday . 8,312 shares traded hands during trading, an increase of 177% from the previous session’s volume of 2,998 shares.The stock last traded at $3,214.01 and had previously closed at $3,220.01.

Wall Street Analyst Weigh In

Several brokerages have issued reports on SEB. TheStreet cut shares of Seaboard from a “b” rating to a “c+” rating in a research report on Thursday, February 15th. StockNews.com upgraded shares of Seaboard from a “hold” rating to a “buy” rating in a research report on Saturday.

Seaboard Price Performance

The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.55 and a current ratio of 2.54. The stock has a market cap of $3.12 billion, a PE ratio of 13.38 and a beta of 0.38.

Seaboard (NYSEAMERICAN:SEB) last announced its quarterly earnings results on Tuesday, February 13th. The company reported $64.67 earnings per share (EPS) for the quarter. Seaboard had a net margin of 2.85% and a return on equity of 5.41%. The firm had revenue of $2.28 billion during the quarter.

Seaboard Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 20th. Stockholders of record on Friday, May 10th will be paid a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.28%. The ex-dividend date is Thursday, May 9th. Seaboard’s dividend payout ratio is currently 3.74%.

Institutional Investors Weigh In On Seaboard

A number of institutional investors have recently modified their holdings of SEB. Janiczek Wealth Management LLC grew its holdings in Seaboard by 90.0% in the fourth quarter. Janiczek Wealth Management LLC now owns 19 shares of the company’s stock worth $68,000 after purchasing an additional 9 shares during the period. Tower Research Capital LLC TRC grew its holdings in Seaboard by 400.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 30 shares of the company’s stock worth $107,000 after purchasing an additional 24 shares during the period. Brandes Investment Partners LP acquired a new stake in Seaboard in the fourth quarter worth $207,000. BNP Paribas Financial Markets grew its holdings in Seaboard by 36.7% in the first quarter. BNP Paribas Financial Markets now owns 67 shares of the company’s stock worth $216,000 after purchasing an additional 18 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Seaboard by 38.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 61 shares of the company’s stock worth $219,000 after purchasing an additional 17 shares during the period. 22.57% of the stock is owned by institutional investors.

Seaboard Company Profile

Seaboard Corporation, together with its subsidiaries, operates as an agricultural and ocean transportation company worldwide. It operates through six segments: Pork, Commodity Trading and Milling (CT&M), Marine, Sugar and Alcohol, Power, and Turkey. The Pork segment produces and sells pork products to further processors, food service operators, grocery stores, and distributors; hogs; and biodiesel.