Seneca Foods Corp. $SENEA Holdings Raised by American Century Companies Inc.

American Century Companies Inc. grew its holdings in shares of Seneca Foods Corp. (NASDAQ:SENEA) by 29.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 155,727 shares of the company’s stock after purchasing an additional 35,480 shares during the period. American Century Companies Inc. owned 2.27% of Seneca Foods worth $16,809,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Seneca Foods by 10.0% in the 3rd quarter. Vanguard Group Inc. now owns 351,033 shares of the company’s stock worth $37,891,000 after buying an additional 31,873 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Seneca Foods by 8.0% in the 2nd quarter. Geode Capital Management LLC now owns 139,457 shares of the company’s stock worth $14,146,000 after purchasing an additional 10,357 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Seneca Foods by 667.5% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 46,501 shares of the company’s stock worth $4,717,000 after acquiring an additional 40,442 shares in the last quarter. Bridgeway Capital Management LLC boosted its position in shares of Seneca Foods by 27.0% in the 2nd quarter. Bridgeway Capital Management LLC now owns 45,404 shares of the company’s stock valued at $4,605,000 after purchasing an additional 9,639 shares during the period. Finally, Pacer Advisors Inc. acquired a new position in shares of Seneca Foods in the third quarter worth about $4,810,000. Institutional investors own 42.51% of the company’s stock.

Analysts Set New Price Targets

SENEA has been the topic of a number of research analyst reports. Wall Street Zen downgraded Seneca Foods from a “strong-buy” rating to a “buy” rating in a report on Sunday. Weiss Ratings restated a “buy (b)” rating on shares of Seneca Foods in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Seneca Foods Stock Up 1.9%

Shares of NASDAQ SENEA opened at $143.15 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.72 and a current ratio of 4.34. The stock has a market cap of $969.13 million, a PE ratio of 11.01 and a beta of 0.02. Seneca Foods Corp. has a 52-week low of $81.00 and a 52-week high of $146.54. The business has a fifty day moving average of $123.01 and a two-hundred day moving average of $116.37.

Seneca Foods (NASDAQ:SENEA) last posted its quarterly earnings data on Thursday, February 5th. The company reported $6.48 earnings per share for the quarter. Seneca Foods had a net margin of 5.58% and a return on equity of 12.30%. The company had revenue of $508.35 million during the quarter.

Seneca Foods Profile

Seneca Foods Corporation is a leading producer and distributor of shelf-stable fruits, vegetables and fruit‐based products. The company’s core activities include the processing, packaging and sale of canned fruits and vegetables, natural fruit juices, apple sauces and fruit‐based snacks. Seneca Foods caters to both retail and foodservice markets, supplying national and international grocers, restaurant chains and food manufacturers with branded and private‐label products.

Seneca Foods operates a network of manufacturing facilities and cold storage warehouses across North America, with key processing plants in New York, Michigan, California and Canada.