366 Shares in Seaboard Corporation $SEB Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new position in Seaboard Corporation (NYSEAMERICAN:SEB) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 366 shares of the company’s stock, valued at approximately $1,663,000.

Several other institutional investors also recently bought and sold shares of SEB. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Seaboard by 28.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 872 shares of the company’s stock worth $2,352,000 after purchasing an additional 193 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Seaboard by 97.0% in the second quarter. JPMorgan Chase & Co. now owns 465 shares of the company’s stock valued at $1,330,000 after purchasing an additional 229 shares during the last quarter. Legal & General Group Plc lifted its position in Seaboard by 5.3% during the second quarter. Legal & General Group Plc now owns 376 shares of the company’s stock worth $1,076,000 after buying an additional 19 shares during the period. M&T Bank Corp grew its holdings in Seaboard by 3.1% in the 2nd quarter. M&T Bank Corp now owns 99 shares of the company’s stock valued at $284,000 after buying an additional 3 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Seaboard by 15.7% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,229 shares of the company’s stock valued at $3,516,000 after buying an additional 167 shares during the period. 22.57% of the stock is currently owned by institutional investors and hedge funds.

Seaboard Stock Performance

NYSEAMERICAN SEB opened at $3,913.21 on Monday. The company has a market cap of $3.76 billion, a P/E ratio of 5.91 and a beta of 0.24. Seaboard Corporation has a 12 month low of $3,140.01 and a 12 month high of $5,989.37. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.40 and a quick ratio of 1.33. The company has a 50-day moving average of $4,451.59 and a 200-day moving average of $4,953.90.

Seaboard (NYSEAMERICAN:SEB) last released its earnings results on Tuesday, August 4th. The company reported $159.74 earnings per share (EPS) for the quarter. Seaboard had a net margin of 6.17% and a return on equity of 12.03%. The firm had revenue of $2.92 billion during the quarter.

Seaboard Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 24th. Shareholders of record on Friday, August 14th were issued a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, August 14th. Seaboard’s dividend payout ratio (DPR) is 9.93%.

Seaboard 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.