Seaboard (NYSEAMERICAN:SEB) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of Seaboard Corporation (NYSEAMERICAN:SEB) passed 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 changing hands.

Seaboard Stock Performance

The company has a current ratio of 2.38, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $4.85 billion, a PE ratio of 8.31 and a beta of 0.23. The stock’s 50 day moving average price is $5,338.10 and its two-hundred day moving average price is $4,994.65.

Seaboard (NYSEAMERICAN:SEB) last announced its earnings results on Tuesday, May 5th. The company reported $124.24 EPS for the quarter. The firm had revenue of $2.40 billion for 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 dividend of $2.25 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.2%. Seaboard’s dividend payout ratio (DPR) is presently 9.93%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. KBC Group NV purchased a new position in Seaboard in the 1st quarter valued at about $34,000. EverSource Wealth Advisors LLC grew its holdings in shares of Seaboard by 160.0% during the second quarter. EverSource Wealth Advisors LLC now owns 13 shares of the company’s stock worth $37,000 after buying an additional 8 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Seaboard by 33.3% during the fourth quarter. Wells Fargo & Company MN now owns 12 shares of the company’s stock worth $53,000 after buying an additional 3 shares in the last quarter. Empowered Funds LLC acquired a new position in shares of Seaboard in the fourth quarter valued at approximately $58,000. Finally, Fifth Third Bancorp purchased a new position in shares of Seaboard during the first quarter valued at approximately $62,000. Institutional investors and hedge funds own 22.57% of the company’s stock.

Seaboard Company 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.