Quantinno Capital Management LP Purchases 456 Shares of Seaboard Corporation $SEB

Quantinno Capital Management LP raised its position in Seaboard Corporation (NYSEAMERICAN:SEB) by 200.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 683 shares of the company’s stock after purchasing an additional 456 shares during the quarter. Quantinno Capital Management LP owned 0.07% of Seaboard worth $3,862,000 as of its most recent SEC filing.

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

Seaboard Stock Performance

SEB stock opened at $4,240.64 on Friday. The company has a quick ratio of 1.29, a current ratio of 2.40 and a debt-to-equity ratio of 0.18. The business’s fifty day simple moving average is $4,724.36 and its two-hundred day simple moving average is $5,043.73. Seaboard Corporation has a twelve month low of $3,140.01 and a twelve month high of $5,989.37. The firm has a market cap of $4.07 billion, a price-to-earnings ratio of 6.41 and a beta of 0.24.

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

Seaboard Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Friday, August 14th will be issued a dividend of $2.25 per share. The ex-dividend date is 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 presently 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.