American Century Companies Inc. Boosts Holdings in Seaboard Corporation $SEB

Key Points

• American Century Companies Inc. lifted its stake in Seaboard by 6.5% to 5,844 shares (about 0.61% of the company), increasing the position by 359 shares to a value of $21.313 million.
• Seaboard reported quarterly EPS of $262.99 on revenue of $2.41 billion, with a net margin of 5.09% and return on equity of 10.01%; the company also declared a quarterly dividend of $2.25 per share (annualized $9.00) with a yield of 0.2%.
• Shares were down 3.1%, and the stock trades with a market capitalization of $4.67 billion and a price-to-earnings ratio of 9.42.

American Century Companies Inc. lifted its position in shares of Seaboard Corporation (NYSEAMERICAN:SEB - Free Report) by 6.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,844 shares of the company's stock after buying an additional 359 shares during the period. American Century Companies Inc. owned approximately 0.61% of Seaboard worth $21,313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in SEB. Allworth Financial LP purchased a new position in Seaboard during the second quarter worth about $31,000. EverSource Wealth Advisors LLC boosted its holdings in 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 acquiring an additional 8 shares during the period. CANADA LIFE ASSURANCE Co increased its stake in Seaboard by 20.0% during the second quarter. CANADA LIFE ASSURANCE Co now owns 36 shares of the company's stock worth $103,000 after purchasing an additional 6 shares during the period. Brighton Jones LLC purchased a new stake in Seaboard during the third quarter worth about $208,000. Finally, AlphaQuest LLC lifted its position in shares of Seaboard by 14.0% during the third quarter. AlphaQuest LLC now owns 57 shares of the company's stock worth $208,000 after purchasing an additional 7 shares in the last quarter. Hedge funds and other institutional investors own 22.57% of the company's stock.

Seaboard Trading Down 3.1%

NYSEAMERICAN SEB opened at $4,862.36 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.40 and a current ratio of 2.40. The firm has a market cap of $4.67 billion, a price-to-earnings ratio of 9.42 and a beta of 0.36. The firm has a 50 day simple moving average of $4,931.60 and a 200-day simple moving average of $4,273.47. Seaboard Corporation has a one year low of $2,437.00 and a one year high of $5,654.00.

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

Seaboard Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, February 23rd were issued a dividend of $2.25 per share. The ex-dividend date was Monday, February 23rd. This represents a $9.00 annualized dividend and a yield of 0.2%. Seaboard's dividend payout ratio is 9.93%.

Seaboard Profile

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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