Susquehanna International Group LLP Grows Position in Seaboard Corporation $SEB

Key Points

• Susquehanna International Group increased its Seaboard position by 235.1% in the second quarter, while other institutions including BlackRock and Arrowstreet Capital also added or initiated holdings. Institutional investors and hedge funds collectively own 22.57% of the stock.
• Seaboard reported quarterly revenue of $2.92 billion and earnings of $159.74 per share, with a 12.03% return on equity and a 6.17% net margin. Shares opened at $3,913.21, below their 12-month high of $5,989.37.
• The company paid a quarterly dividend of $2.25 per share, equivalent to $9.00 annually and a 0.2% yield, with a dividend payout ratio of 9.93%.

Susquehanna International Group LLP increased its holdings in shares of Seaboard Corporation (NYSEAMERICAN:SEB - Free Report) by 235.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 754 shares of the company's stock after purchasing an additional 529 shares during the quarter. Susquehanna International Group LLP owned 0.08% of Seaboard worth $3,366,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Seaboard in the 2nd quarter valued at approximately $106,318,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Seaboard by 238.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 12,332 shares of the company's stock worth $69,725,000 after purchasing an additional 8,683 shares during the period. Wallace Capital Management Inc. acquired a new stake in Seaboard in the 2nd quarter valued at approximately $30,675,000. Kahn Brothers Group Inc. acquired a new stake in Seaboard in the 2nd quarter valued at approximately $24,058,000. Finally, Dimensional Fund Advisors LP increased its holdings in Seaboard by 4.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 47,087 shares of the company's stock valued at $266,222,000 after purchasing an additional 2,017 shares during the last quarter. 22.57% of the stock is owned by institutional investors and hedge funds.

Seaboard Stock Performance

Shares of NYSEAMERICAN SEB opened at $3,913.21 on Monday. Seaboard Corporation has a twelve month low of $3,140.01 and a twelve month high of $5,989.37. The company has a current ratio of 2.40, a quick ratio of 1.33 and a debt-to-equity ratio of 0.18. The stock has a fifty day simple moving average of $4,451.59 and a 200-day simple moving average of $4,953.90. The stock has a market capitalization of $3.76 billion, a PE ratio of 5.91 and a beta of 0.24.

Seaboard (NYSEAMERICAN:SEB - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $159.74 earnings per share (EPS) for the quarter. Seaboard had a return on equity of 12.03% and a net margin of 6.17%.The firm had revenue of $2.92 billion during the quarter.

Seaboard Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Stockholders of record on Friday, August 14th were issued a $2.25 dividend. 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 dividend payout ratio (DPR) is presently 9.93%.

Seaboard Company 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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