Lecap Asset Management Ltd. Buys New Position in Seaboard Corporation $SEB

Lecap Asset Management Ltd. bought a new stake in shares of Seaboard Corporation (NYSEAMERICAN:SEB – Free Report) during the 4th quarter, HoldingsChannel reports. The firm bought 96 shares of the company’s stock, valued at approximately $427,000.

Several other hedge funds have also modified their holdings of SEB. EverSource Wealth Advisors LLC raised its holdings in shares of 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 buying an additional 8 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of Seaboard by 37.5% during the 4th quarter. Farther Finance Advisors LLC now owns 22 shares of the company’s stock valued at $98,000 after buying an additional 6 shares during the period. CANADA LIFE ASSURANCE Co raised its holdings in shares of Seaboard by 20.0% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 36 shares of the company’s stock valued at $103,000 after buying an additional 6 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of Seaboard by 328.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 30 shares of the company’s stock valued at $109,000 after buying an additional 23 shares during the period. Finally, Abel Hall LLC acquired a new stake in Seaboard during the 3rd quarter valued at approximately $201,000. 22.57% of the stock is currently owned by hedge funds and other institutional investors.

Seaboard Price Performance

Shares of NYSEAMERICAN SEB opened at $5,539.29 on Monday. Seaboard Corporation has a fifty-two week low of $2,437.00 and a fifty-two week high of $5,989.37. The business has a 50 day moving average price of $5,304.07 and a two-hundred day moving average price of $4,603.46. The company has a quick ratio of 1.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.19. The firm has a market cap of $5.32 billion, a PE ratio of 10.73 and a beta of 0.28.

Seaboard (NYSEAMERICAN:SEB – Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The company reported $262.99 earnings per share for the quarter. Seaboard had a return on equity of 10.01% and a net margin of 5.09%.The firm had revenue of $2.41 billion during the quarter.

Seaboard Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Monday, February 23rd. Seaboard’s dividend payout ratio (DPR) is 9.93%.

About Seaboard

(Free Report)

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.

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