Northern Trust Corp increased its position in shares of Seneca Foods Co. (NASDAQ:SENEA – Free Report) by 11.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,134 shares of the company’s stock after acquiring an additional 7,020 shares during the quarter. Northern Trust Corp owned about 1.02% of Seneca Foods worth $5,559,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Van ECK Associates Corp lifted its stake in Seneca Foods by 73.6% in the fourth quarter. Van ECK Associates Corp now owns 729 shares of the company’s stock valued at $58,000 after buying an additional 309 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in Seneca Foods in the fourth quarter valued at approximately $87,000. SG Americas Securities LLC lifted its stake in Seneca Foods by 8.7% in the fourth quarter. SG Americas Securities LLC now owns 2,054 shares of the company’s stock valued at $163,000 after buying an additional 165 shares in the last quarter. Jump Financial LLC bought a new position in Seneca Foods in the fourth quarter valued at approximately $204,000. Finally, Metis Global Partners LLC bought a new position in Seneca Foods in the fourth quarter valued at approximately $222,000. Institutional investors own 42.51% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of Seneca Foods from a “buy” rating to a “hold” rating in a research report on Tuesday, April 29th.
Seneca Foods Stock Performance
Shares of SENEA stock opened at $92.70 on Wednesday. The company’s fifty day simple moving average is $87.03 and its 200-day simple moving average is $79.57. The company has a quick ratio of 0.36, a current ratio of 3.38 and a debt-to-equity ratio of 0.53. The firm has a market cap of $637.78 million, a PE ratio of 16.92 and a beta of 0.40. Seneca Foods Co. has a 12 month low of $51.79 and a 12 month high of $92.91.
Seneca Foods Profile
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.
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