Seaboard Co. (NYSEAMERICAN:SEB - Get Free Report) hit a new 52-week low on Friday . The company traded as low as $2,390.00 and last traded at $2,422.91, with a volume of 710 shares trading hands. The stock had previously closed at $2,436.83.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded shares of Seaboard from a "buy" rating to a "hold" rating in a research report on Wednesday, November 6th.
Get Our Latest Research Report on Seaboard
Seaboard Stock Performance
The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.50 and a current ratio of 2.44. The company has a market cap of $2.34 billion, a PE ratio of -731.82 and a beta of 0.35.
Seaboard (NYSEAMERICAN:SEB - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The company reported ($153.44) earnings per share (EPS) for the quarter. Seaboard had a negative return on equity of 0.04% and a negative net margin of 0.02%. The business had revenue of $2.22 billion for the quarter.
Seaboard Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were given a $2.25 dividend. The ex-dividend date was Friday, November 8th. This represents a $9.00 dividend on an annualized basis and a yield of 0.37%. Seaboard's dividend payout ratio (DPR) is -273.56%.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in Seaboard in the third quarter worth approximately $25,000. Geode Capital Management LLC grew its holdings in shares of Seaboard by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 3,943 shares of the company's stock worth $12,373,000 after acquiring an additional 81 shares during the last quarter. Barclays PLC grew its holdings in shares of Seaboard by 382.3% in the 3rd quarter. Barclays PLC now owns 1,881 shares of the company's stock worth $5,900,000 after acquiring an additional 1,491 shares during the last quarter. Jane Street Group LLC raised its position in shares of Seaboard by 0.9% during the third quarter. Jane Street Group LLC now owns 437 shares of the company's stock worth $1,371,000 after purchasing an additional 4 shares during the period. Finally, Two Sigma Advisers LP lifted its holdings in shares of Seaboard by 81.6% during the third quarter. Two Sigma Advisers LP now owns 3,115 shares of the company's stock valued at $9,772,000 after purchasing an additional 1,400 shares during the last quarter. 22.57% of the stock is owned by institutional investors and hedge funds.
About Seaboard
(
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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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