Strs Ohio acquired a new stake in Seneca Foods Corp. (NASDAQ:SENEA – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,100 shares of the company’s stock, valued at approximately $543,000. Strs Ohio owned about 0.09% of Seneca Foods at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Seneca Foods by 5.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,813 shares of the company’s stock worth $250,000 after buying an additional 156 shares during the period. Royal Bank of Canada grew its holdings in Seneca Foods by 5.2% in the first quarter. Royal Bank of Canada now owns 7,738 shares of the company’s stock worth $690,000 after purchasing an additional 384 shares during the period. Money Concepts Capital Corp grew its stake in shares of Seneca Foods by 1.5% in the 1st quarter. Money Concepts Capital Corp now owns 29,886 shares of the company’s stock valued at $2,661,000 after buying an additional 444 shares during the period. Russell Investments Group Ltd. increased its position in Seneca Foods by 179.2% in the 1st quarter. Russell Investments Group Ltd. now owns 726 shares of the company’s stock valued at $65,000 after buying an additional 466 shares in the last quarter. Finally, Pullen Investment Management LLC raised its stake in Seneca Foods by 2.1% during the 1st quarter. Pullen Investment Management LLC now owns 28,559 shares of the company’s stock worth $2,543,000 after buying an additional 585 shares during the period. Institutional investors and hedge funds own 42.51% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen cut Seneca Foods from a “buy” rating to a “hold” rating in a report on Saturday, August 9th.
Seneca Foods Stock Performance
Shares of SENEA opened at $103.05 on Monday. The stock has a 50 day moving average of $106.33 and a 200 day moving average of $96.08. The company has a market capitalization of $706.92 million, a price-to-earnings ratio of 16.54 and a beta of 0.31. Seneca Foods Corp. has a 12 month low of $60.24 and a 12 month high of $115.40. The company has a current ratio of 4.11, a quick ratio of 0.66 and a debt-to-equity ratio of 0.44.
Seneca Foods (NASDAQ:SENEA – Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.86 earnings per share (EPS) for the quarter. The firm had revenue of $297.46 million during the quarter. Seneca Foods had a return on equity of 10.07% and a net margin of 2.76%.
Seneca Foods Company 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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