720 Shares in Seaboard Corporation $SEB Purchased by OP Asset Management Ltd

OP Asset Management Ltd acquired a new position in Seaboard Corporation (NYSEAMERICAN:SEB) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 720 shares of the company’s stock, valued at approximately $4,071,000. OP Asset Management Ltd owned 0.08% of Seaboard at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Wells Fargo & Company MN lifted its stake in shares of Seaboard by 33.3% during the 4th quarter. Wells Fargo & Company MN now owns 12 shares of the company’s stock worth $53,000 after acquiring an additional 3 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position 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 purchasing an additional 8 shares during the last quarter. Empowered Funds LLC purchased a new stake in shares of Seaboard during the fourth quarter valued at $58,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Seaboard in the fourth quarter worth about $93,000. Finally, Farther Finance Advisors LLC increased its stake in Seaboard by 37.5% in the 4th quarter. Farther Finance Advisors LLC now owns 22 shares of the company’s stock worth $98,000 after buying an additional 6 shares during the period. Hedge funds and other institutional investors own 22.57% of the company’s stock.

Seaboard Price Performance

Seaboard stock opened at $4,738.08 on Friday. The stock has a market cap of $4.55 billion, a price-to-earnings ratio of 7.80 and a beta of 0.23. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.38 and a quick ratio of 1.29. Seaboard Corporation has a 1 year low of $2,740.00 and a 1 year high of $5,989.37. The firm has a 50-day moving average of $5,124.98 and a two-hundred day moving average of $5,031.67.

Seaboard (NYSEAMERICAN:SEB) last issued its earnings results on Tuesday, May 5th. The company reported $124.24 EPS for the quarter. Seaboard had a net margin of 5.93% and a return on equity of 11.42%. The business had revenue of $2.40 billion for the quarter.

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 paid a $2.25 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $9.00 annualized dividend and a yield of 0.2%. Seaboard’s dividend payout ratio is 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.