Seaboard Corporation (NYSEAMERICAN:SEB) Short Interest Update

Seaboard Corporation (NYSEAMERICAN:SEB) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 7,694 shares, a growth of 32.9% from the November 30th total of 5,791 shares. Based on an average daily volume of 12,950 shares, the short-interest ratio is currently 0.6 days. Currently, 3.0% of the shares of the stock are short sold. Currently, 3.0% of the shares of the stock are short sold. Based on an average daily volume of 12,950 shares, the short-interest ratio is currently 0.6 days.

Seaboard Price Performance

SEB traded up $77.52 on Tuesday, hitting $4,468.99. 12,070 shares of the stock were exchanged, compared to its average volume of 11,967. The firm has a market capitalization of $4.29 billion, a price-to-earnings ratio of 10.89 and a beta of 0.34. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.44 and a quick ratio of 1.49. Seaboard has a 12 month low of $2,374.99 and a 12 month high of $4,800.00. The business has a 50-day moving average of $4,112.44 and a two-hundred day moving average of $3,652.41.

Seaboard (NYSEAMERICAN:SEB) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $113.71 earnings per share for the quarter. The company had revenue of $2.54 billion during the quarter. Seaboard had a net margin of 4.04% and a return on equity of 8.21%.

Seaboard Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, November 7th were given a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, November 7th. Seaboard’s dividend payout ratio is currently 9.93%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Rhumbline Advisers increased its position in Seaboard by 94.8% during the 2nd quarter. Rhumbline Advisers now owns 1,837 shares of the company’s stock worth $5,256,000 after purchasing an additional 894 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Seaboard by 18.0% during the second quarter. American Century Companies Inc. now owns 5,485 shares of the company’s stock worth $15,694,000 after buying an additional 837 shares during the last quarter. Corient Private Wealth LLC acquired a new position in shares of Seaboard during the second quarter worth $1,940,000. Bank of New York Mellon Corp lifted its stake in shares of Seaboard by 33.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,499 shares of the company’s stock valued at $7,149,000 after acquiring an additional 622 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Seaboard by 69.7% in the 3rd quarter. Invesco Ltd. now owns 1,487 shares of the company’s stock valued at $5,423,000 after acquiring an additional 611 shares during the last quarter. 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.