Ieq Capital LLC Buys New Holdings in Seaboard Corporation $SEB

Ieq Capital LLC bought a new position in Seaboard Corporation (NYSEAMERICAN:SEB) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 280 shares of the company’s stock, valued at approximately $1,250,000.

A number of other institutional investors have also recently bought and sold shares of SEB. BlackRock Inc. bought a new position in shares of Seaboard during the 2nd quarter worth about $106,318,000. Arrowstreet Capital Limited Partnership raised its position in Seaboard by 238.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 12,332 shares of the company’s stock worth $69,725,000 after purchasing an additional 8,683 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Seaboard by 4.5% in the first quarter. Dimensional Fund Advisors LP now owns 47,087 shares of the company’s stock worth $266,222,000 after purchasing an additional 2,017 shares in the last quarter. Bank of New York Mellon Corp bought a new position in Seaboard during the second quarter worth about $8,695,000. Finally, Voloridge Investment Management LLC bought a new position in Seaboard during the fourth quarter worth about $6,725,000. Institutional investors and hedge funds own 22.57% of the company’s stock.

Seaboard Price Performance

Shares of SEB stock opened at $4,026.77 on Thursday. The stock’s fifty day simple moving average is $4,486.13 and its 200 day simple moving average is $4,975.48. Seaboard Corporation has a one year low of $3,140.01 and a one year high of $5,989.37. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 6.08 and a beta of 0.24. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.40 and a quick ratio of 1.33.

Seaboard (NYSEAMERICAN:SEB) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $159.74 earnings per share (EPS) for the quarter. Seaboard had a return on equity of 12.03% and a net margin of 6.17%.The company had revenue of $2.92 billion during the quarter.

Seaboard Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 24th. Investors of record on Friday, August 14th were issued a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, August 14th. Seaboard’s dividend payout ratio (DPR) is currently 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.