Seaboard Corporation $SEB Stock Holdings Lifted by M&T Bank Corp

M&T Bank Corp raised its stake in Seaboard Corporation (NYSEAMERICAN:SEB) by 14,586.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 15,274 shares of the company’s stock after acquiring an additional 15,170 shares during the period. M&T Bank Corp’s holdings in Seaboard were worth $67,890,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SEB. Corient Private Wealth LLC bought a new position in shares of Seaboard in the second quarter valued at $1,940,000. Invesco Ltd. increased its holdings in shares of Seaboard by 69.7% in the third quarter. Invesco Ltd. now owns 1,487 shares of the company’s stock valued at $5,423,000 after buying an additional 611 shares in the last quarter. Lazard Asset Management LLC increased its holdings in shares of Seaboard by 394.8% in the second quarter. Lazard Asset Management LLC now owns 757 shares of the company’s stock valued at $2,165,000 after buying an additional 604 shares in the last quarter. Citigroup Inc. increased its holdings in shares of Seaboard by 982.6% in the third quarter. Citigroup Inc. now owns 498 shares of the company’s stock valued at $1,816,000 after buying an additional 452 shares in the last quarter. Finally, Franklin Resources Inc. bought a new position in shares of Seaboard in the third quarter valued at $1,594,000. Institutional investors own 22.57% of the company’s stock.

Seaboard Price Performance

NYSEAMERICAN SEB opened at $5,786.20 on Wednesday. The stock has a market capitalization of $5.55 billion, a P/E ratio of 11.21 and a beta of 0.28. Seaboard Corporation has a 1 year low of $2,437.00 and a 1 year high of $5,989.37. The business’s fifty day moving average is $5,313.32 and its two-hundred day moving average is $4,633.34. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.40 and a current ratio of 2.40.

Seaboard (NYSEAMERICAN:SEB) last posted its quarterly earnings results on Thursday, February 12th. The company reported $262.99 earnings per share (EPS) for the quarter. The company had revenue of $2.41 billion for the quarter. Seaboard had a return on equity of 10.01% and a net margin of 5.09%.

Seaboard Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, February 23rd were paid a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Monday, February 23rd. Seaboard’s 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.