Seaboard (NYSEAMERICAN:SEB) Sets New 12-Month High – Should You Buy?

Seaboard Corporation (NYSEAMERICAN:SEB)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $4,838.00 and last traded at $4,850.9760, with a volume of 1878 shares trading hands. The stock had previously closed at $4,760.35.

Seaboard Stock Performance

The company has a market capitalization of $4.63 billion, a price-to-earnings ratio of 11.76 and a beta of 0.36. The company has a 50 day moving average price of $4,426.27 and a 200 day moving average price of $3,829.70. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.49 and a current ratio of 2.44.

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

Seaboard Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. M&T Bank Corp increased its position in shares of Seaboard by 3.1% during the 2nd quarter. M&T Bank Corp now owns 99 shares of the company’s stock valued at $284,000 after purchasing an additional 3 shares during the last quarter. Signaturefd LLC boosted its stake in Seaboard by 2.9% in the third quarter. Signaturefd LLC now owns 105 shares of the company’s stock worth $383,000 after buying an additional 3 shares in the last quarter. Sei Investments Co. grew its position in Seaboard by 2.7% during the third quarter. Sei Investments Co. now owns 113 shares of the company’s stock valued at $412,000 after acquiring an additional 3 shares during the last quarter. Treasurer of the State of North Carolina raised its stake in shares of Seaboard by 5.1% during the second quarter. Treasurer of the State of North Carolina now owns 123 shares of the company’s stock worth $352,000 after acquiring an additional 6 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its holdings in shares of Seaboard by 20.0% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 36 shares of the company’s stock worth $103,000 after acquiring an additional 6 shares during the last quarter. 22.57% of the stock is owned by institutional investors.

About Seaboard

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.