Legal & General Group Plc Acquires Shares of 313 Seaboard Corporation $SEB

Legal & General Group Plc bought a new position in Seaboard Corporation (NYSEAMERICAN:SEB) during the second quarter, Holdings Channel.com reports. The fund bought 313 shares of the company’s stock, valued at approximately $1,397,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. KBC Group NV purchased a new stake in shares of Seaboard in the first quarter valued at approximately $34,000. Fifth Third Bancorp purchased a new position in Seaboard during the 1st quarter worth $62,000. Wells Fargo & Company MN raised its position in Seaboard by 33.3% during the 4th quarter. Wells Fargo & Company MN now owns 12 shares of the company’s stock valued at $53,000 after purchasing an additional 3 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Seaboard by 160.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 13 shares of the company’s stock valued at $37,000 after purchasing an additional 8 shares in the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of Seaboard in the 4th quarter worth $58,000. Institutional investors own 22.57% of the company’s stock.

Seaboard Price Performance

SEB opened at $4,323.58 on Monday. Seaboard Corporation has a 12-month low of $3,140.01 and a 12-month high of $5,989.37. The company has a current ratio of 2.40, a quick ratio of 1.33 and a debt-to-equity ratio of 0.18. The business’s fifty day simple moving average is $4,390.16 and its 200-day simple moving average is $4,908.46. The company has a market capitalization of $4.15 billion, a price-to-earnings ratio of 6.53 and a beta of 0.22.

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

Seaboard Announces Dividend

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

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.