D. E. Shaw & Co. Inc. Has $2.29 Million Stock Holdings in Seneca Foods Co. (NASDAQ:SENEA)

D. E. Shaw & Co. Inc. boosted its holdings in shares of Seneca Foods Co. (NASDAQ:SENEA) by 12.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,830 shares of the company’s stock after acquiring an additional 3,157 shares during the quarter. D. E. Shaw & Co. Inc. owned 0.42% of Seneca Foods worth $2,285,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SENEA. Savant Capital LLC bought a new position in shares of Seneca Foods during the 4th quarter worth about $291,000. American Century Companies Inc. raised its holdings in shares of Seneca Foods by 171.8% in the 4th quarter. American Century Companies Inc. now owns 27,124 shares of the company’s stock worth $2,150,000 after acquiring an additional 17,145 shares during the last quarter. Edge Capital Group LLC acquired a new stake in shares of Seneca Foods in the 4th quarter worth about $5,919,000. Empowered Funds LLC raised its holdings in shares of Seneca Foods by 181.5% in the 4th quarter. Empowered Funds LLC now owns 9,651 shares of the company’s stock worth $765,000 after acquiring an additional 6,223 shares during the last quarter. Finally, Bailard Inc. acquired a new stake in shares of Seneca Foods in the 4th quarter worth about $317,000. 42.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Seneca Foods from a “buy” rating to a “hold” rating in a research report on Tuesday, April 29th.

Seneca Foods Stock Performance

Seneca Foods stock opened at $92.70 on Wednesday. The firm’s fifty day moving average price is $87.03 and its 200-day moving average price is $79.57. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.36 and a current ratio of 3.38. The stock has a market cap of $637.78 million, a P/E ratio of 16.92 and a beta of 0.40. Seneca Foods Co. has a fifty-two week low of $51.79 and a fifty-two week high of $92.91.

About Seneca Foods

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and jarred produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby’s, Aunt Nellie’s, Cherryman, Green Valley, and READ.