Seneca Foods Corp. $SENEA Shares Sold by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC decreased its position in Seneca Foods Corp. (NASDAQ:SENEA) by 4.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,079 shares of the company’s stock after selling 800 shares during the quarter. Brandywine Global Investment Management LLC owned about 0.26% of Seneca Foods worth $1,834,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Seneca Foods by 5.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,813 shares of the company’s stock worth $250,000 after purchasing an additional 156 shares during the last quarter. Pullen Investment Management LLC lifted its stake in shares of Seneca Foods by 0.9% during the second quarter. Pullen Investment Management LLC now owns 28,806 shares of the company’s stock valued at $2,922,000 after buying an additional 247 shares during the period. Royal Bank of Canada boosted its position in Seneca Foods by 5.2% during the first quarter. Royal Bank of Canada now owns 7,738 shares of the company’s stock worth $690,000 after acquiring an additional 384 shares during the last quarter. New York State Teachers Retirement System acquired a new stake in Seneca Foods during the second quarter worth approximately $43,000. Finally, Russell Investments Group Ltd. grew its stake in Seneca Foods by 179.2% in the 1st quarter. Russell Investments Group Ltd. now owns 726 shares of the company’s stock worth $65,000 after acquiring an additional 466 shares during the period. 42.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Wall Street Zen raised Seneca Foods from a “hold” rating to a “strong-buy” rating in a research note on Saturday, November 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Seneca Foods in a research note on Wednesday, November 19th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Seneca Foods Price Performance

Shares of Seneca Foods stock opened at $124.74 on Tuesday. The business’s fifty day moving average price is $112.65 and its 200 day moving average price is $104.82. Seneca Foods Corp. has a twelve month low of $70.20 and a twelve month high of $126.40. The company has a current ratio of 4.11, a quick ratio of 0.66 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $853.85 million, a P/E ratio of 20.02 and a beta of 0.19.

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.