Martingale Asset Management L P held its stake in shares of Seaboard Corp (NYSE:SEB) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 530 shares of the company’s stock at the close of the second quarter. Martingale Asset Management L P’s holdings in Seaboard Corp were worth $2,118,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Alliancebernstein L.P. increased its holdings in shares of Seaboard Corp by 5.2% during the second quarter. Alliancebernstein L.P. now owns 325 shares of the company’s stock worth $1,298,000 after purchasing an additional 16 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Seaboard Corp by 14.4% during the second quarter. Wells Fargo & Company MN now owns 215 shares of the company’s stock worth $859,000 after purchasing an additional 27 shares during the period. LSV Asset Management bought a new position in shares of Seaboard Corp during the second quarter worth approximately $399,000. IndexIQ Advisors LLC increased its holdings in shares of Seaboard Corp by 31.0% during the second quarter. IndexIQ Advisors LLC now owns 880 shares of the company’s stock worth $3,515,000 after purchasing an additional 208 shares during the period. Finally, Pacer Advisors Inc. increased its holdings in shares of Seaboard Corp by 16.7% during the second quarter. Pacer Advisors Inc. now owns 35 shares of the company’s stock worth $140,000 after purchasing an additional 5 shares during the period.
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Seaboard Corp (NYSE SEB) opened at 4526.00 on Wednesday. The company has a market capitalization of $5.30 billion and a PE ratio of 16.50. Seaboard Corp has a one year low of $3,178.01 and a one year high of $4,545.00. The stock’s 50 day moving average is $4,345.77 and its 200 day moving average is $4,098.52.
Seaboard Corp (NYSE:SEB) last announced its quarterly earnings results on Wednesday, August 2nd. The company reported $50.51 EPS for the quarter. The company had revenue of $1.42 billion for the quarter. Seaboard Corp had a net margin of 4.15% and a return on equity of 7.10%. On average, analysts anticipate that Seaboard Corp will post $185.08 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 24th. Investors of record on Monday, August 14th were paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 0.13%. The ex-dividend date was Thursday, August 10th.
About Seaboard Corp
Seaboard Corporation is an agribusiness and transportation company. The Company is primarily engaged in pork production and processing, and ocean transportation. Its divisions include Pork, Commodity Trading and Milling, Marine, Sugar, Power, Turkey and Other. Overseas, the Company is primarily engaged in commodity merchandising, grain processing, sugar production and electric power generation.
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