Inceptionr LLC Acquires Shares of 111 Seaboard Corporation $SEB

Inceptionr LLC purchased a new position in Seaboard Corporation (NYSEAMERICAN:SEB) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 111 shares of the company’s stock, valued at approximately $628,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Abel Hall LLC increased its holdings in shares of Seaboard by 3.0% in the first quarter. Abel Hall LLC now owns 69 shares of the company’s stock valued at $390,000 after purchasing an additional 2 shares during the last quarter. Parallel Advisors LLC boosted its stake in Seaboard by 2.5% during the fourth quarter. Parallel Advisors LLC now owns 122 shares of the company’s stock worth $542,000 after buying an additional 3 shares during the last quarter. Wells Fargo & Company MN grew its holdings in Seaboard by 33.3% in the 4th quarter. Wells Fargo & Company MN now owns 12 shares of the company’s stock valued at $53,000 after buying an additional 3 shares in the last quarter. M&T Bank Corp grew its holdings in Seaboard by 3.1% in the 2nd quarter. M&T Bank Corp now owns 99 shares of the company’s stock valued at $284,000 after buying an additional 3 shares in the last quarter. Finally, Sei Investments Co. increased its stake in shares of Seaboard by 2.7% in the 3rd quarter. Sei Investments Co. now owns 113 shares of the company’s stock worth $412,000 after acquiring an additional 3 shares during the last quarter. 22.57% of the stock is currently owned by institutional investors and hedge funds.

Seaboard Stock Up 2.0%

NYSEAMERICAN SEB opened at $4,714.45 on Friday. The business’s fifty day simple moving average is $4,827.29 and its 200-day simple moving average is $5,051.86. 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 firm has a market cap of $4.53 billion, a PE ratio of 7.76 and a beta of 0.25. Seaboard Corporation has a 52 week low of $3,081.22 and a 52 week high of $5,989.37.

Seaboard (NYSEAMERICAN:SEB) last posted its earnings results on Tuesday, May 5th. The company reported $124.24 earnings per share (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 company also recently disclosed a quarterly dividend, which was paid on Monday, May 25th. Investors of record on Friday, May 15th were issued a $2.25 dividend. This represents a $9.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, May 15th. Seaboard’s payout ratio is currently 9.93%.

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.