Engineers Gate Manager LP Buys Shares of 318 Seaboard Corporation $SEB

Engineers Gate Manager LP purchased a new position in Seaboard Corporation (NYSEAMERICAN:SEB - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 318 shares of the company's stock, valued at approximately $1,420,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in SEB. KBC Group NV bought a new stake in Seaboard in the 1st quarter worth $34,000. IFP Advisors Inc bought a new position in shares of Seaboard during the second quarter valued at about $27,000. Fifth Third Bancorp bought a new position in shares of Seaboard during the first quarter valued at about $62,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Seaboard during the second quarter worth about $62,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of Seaboard during the fourth quarter worth about $93,000. Hedge funds and other institutional investors own 22.57% of the company's stock.

Seaboard Stock Down 1.8%

Shares of NYSEAMERICAN:SEB opened at $4,248.96 on Friday. The stock's 50-day moving average is $4,362.26 and its 200 day moving average is $4,866.48. The company has a market cap of $4.08 billion, a PE ratio of 6.42 and a beta of 0.22. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.40 and a quick ratio of 1.33. Seaboard Corporation has a 1 year low of $3,140.01 and a 1 year high of $5,989.37.

Seaboard (NYSEAMERICAN:SEB - Get Free Report) last released its quarterly earnings data 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 24th. Stockholders of record on Friday, August 14th were issued a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, August 14th. Seaboard's payout ratio is 9.93%.

About Seaboard

Seaboard Corporation is a diversified international agribusiness and transportation company headquartered in Merriam, Kansas. Founded in 1918, the company has expanded from its early milling operations into several business segments serving food, agricultural, energy and transportation markets.

Seaboard's pork operations include hog production, pork processing and related agricultural activities, primarily in the United States. Through its Commodity Trading and Milling segment, the company trades and processes agricultural commodities and operates flour mills, feed mills and related businesses in the Caribbean, Latin America and Africa.

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