Seaboard Co. (NYSEAMERICAN:SEB) Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC grew its holdings in shares of Seaboard Co. (NYSEAMERICAN:SEB) by 12.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 362 shares of the company’s stock after purchasing an additional 39 shares during the quarter. Hsbc Holdings PLC’s holdings in Seaboard were worth $1,130,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its position in shares of Seaboard by 12.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,037 shares of the company’s stock valued at $7,272,000 after acquiring an additional 229 shares during the last quarter. Alaska Permanent Fund Corp boosted its position in shares of Seaboard by 165.5% during the 1st quarter. Alaska Permanent Fund Corp now owns 884 shares of the company’s stock valued at $2,850,000 after acquiring an additional 551 shares during the last quarter. Nebula Research & Development LLC acquired a new position in shares of Seaboard during the 4th quarter valued at about $1,349,000. Allspring Global Investments Holdings LLC boosted its position in shares of Seaboard by 64.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,560 shares of the company’s stock valued at $5,029,000 after acquiring an additional 610 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Seaboard during the 1st quarter valued at about $550,000. Institutional investors and hedge funds own 22.57% of the company’s stock.

Seaboard Stock Down 0.7 %

NYSEAMERICAN SEB opened at $3,152.74 on Friday. Seaboard Co. has a 12 month low of $2,955.33 and a 12 month high of $3,799.93. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.47 and a current ratio of 2.45. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 13.10 and a beta of 0.35.

Seaboard (NYSEAMERICAN:SEB) last issued its quarterly earnings results on Tuesday, July 30th. The company reported $62.82 earnings per share (EPS) for the quarter. The company had revenue of $2.21 billion for the quarter. Seaboard had a net margin of 3.01% and a return on equity of 5.69%.

Seaboard Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 19th. Shareholders of record on Friday, August 9th were paid a dividend of $2.25 per share. The ex-dividend date of this dividend was Friday, August 9th. This represents a $9.00 dividend on an annualized basis and a yield of 0.29%. Seaboard’s dividend payout ratio (DPR) is presently 3.74%.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Seaboard from a “buy” rating to a “hold” rating in a research report on Tuesday, September 17th.

Seaboard Company Profile

Seaboard Corporation, together with its subsidiaries, operates as an agricultural and ocean transportation company worldwide. It operates through six segments: Pork, Commodity Trading and Milling (CT&M), Marine, Sugar and Alcohol, Power, and Turkey. The Pork segment produces and sells pork products to further processors, food service operators, grocery stores, and distributors; hogs; and biodiesel.