Seaboard (NYSEAMERICAN:SEB) Sees Unusually-High Trading Volume – Should You Buy?

Seaboard Corporation (NYSEAMERICAN:SEB) shares saw strong trading volume on Tuesday . 3,388 shares changed hands during trading, a decline of 3% from the previous session’s volume of 3,486 shares.The stock last traded at $4,363.00 and had previously closed at $4,367.15.

Seaboard Stock Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 2.44 and a quick ratio of 1.49. The firm has a market capitalization of $4.21 billion, a price-to-earnings ratio of 10.68 and a beta of 0.34. The firm’s fifty day moving average is $4,034.48 and its 200 day moving average is $3,598.72.

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

Seaboard Announces Dividend

The business also recently declared 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 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, November 7th. Seaboard’s dividend payout ratio is 9.93%.

Hedge Funds Weigh In On Seaboard

A number of institutional investors have recently modified their holdings of SEB. Signaturefd LLC raised its holdings in Seaboard by 2.9% in the 3rd quarter. Signaturefd LLC now owns 105 shares of the company’s stock worth $383,000 after acquiring an additional 3 shares during the period. M&T Bank Corp lifted its holdings in shares of Seaboard by 3.1% during the second quarter. M&T Bank Corp now owns 99 shares of the company’s stock worth $284,000 after buying an additional 3 shares during the last quarter. Sei Investments Co. boosted its position in shares of Seaboard by 2.7% in 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 period. CANADA LIFE ASSURANCE Co grew its stake in shares of Seaboard by 20.0% in the second 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. Finally, Treasurer of the State of North Carolina increased its position in 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 during the period. Institutional investors own 22.57% of the company’s stock.

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.