Seaboard Co. (NYSEAMERICAN:SEB - Get Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as $2,650.00 and last traded at $2,650.00, with a volume of 1356 shares trading hands. The stock had previously closed at $2,669.14.
Analyst Ratings Changes
Separately, StockNews.com raised Seaboard from a "hold" rating to a "buy" rating in a research note on Tuesday, October 29th.
Read Our Latest Report on SEB
Seaboard Price Performance
The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.47 and a current ratio of 2.44. The company has a market capitalization of $2.61 billion, a price-to-earnings ratio of -816.72 and a beta of 0.37.
Seaboard (NYSEAMERICAN:SEB - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The company reported ($153.44) earnings per share for the quarter. Seaboard had a negative return on equity of 0.04% and a negative net margin of 0.02%. The firm had revenue of $2.22 billion during the quarter.
Seaboard Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 18th. Shareholders of record on Friday, November 8th will be issued a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date of this dividend is Friday, November 8th. Seaboard's dividend payout ratio is currently -273.56%.
Hedge Funds Weigh In On Seaboard
Several hedge funds have recently made changes to their positions in SEB. Dimensional Fund Advisors LP boosted its position in shares of Seaboard by 2.4% in the second quarter. Dimensional Fund Advisors LP now owns 45,989 shares of the company's stock valued at $145,358,000 after acquiring an additional 1,081 shares during the period. Vanguard Group Inc. boosted its position in shares of Seaboard by 0.3% in the first quarter. Vanguard Group Inc. now owns 23,189 shares of the company's stock valued at $74,759,000 after acquiring an additional 66 shares during the period. AQR Capital Management LLC boosted its position in shares of Seaboard by 81.4% in the second quarter. AQR Capital Management LLC now owns 9,204 shares of the company's stock valued at $28,957,000 after acquiring an additional 4,129 shares during the period. Kahn Brothers Group Inc. boosted its position in shares of Seaboard by 1.0% in the first quarter. Kahn Brothers Group Inc. now owns 9,052 shares of the company's stock valued at $29,183,000 after acquiring an additional 89 shares during the period. Finally, DAVENPORT & Co LLC boosted its position in shares of Seaboard by 4.8% in the first quarter. DAVENPORT & Co LLC now owns 7,372 shares of the company's stock valued at $23,608,000 after acquiring an additional 337 shares during the period. 22.57% of the stock is owned by institutional investors.
Seaboard Company Profile
(
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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.
Further Reading
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