Bridgeway Capital Management LLC Purchases 6,223 Shares of Seneca Foods Co. (NASDAQ:SENEA)

Bridgeway Capital Management LLC increased its stake in shares of Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 25.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 30,551 shares of the company's stock after acquiring an additional 6,223 shares during the period. Bridgeway Capital Management LLC owned 0.44% of Seneca Foods worth $2,421,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Van ECK Associates Corp lifted its position in shares of Seneca Foods by 73.6% during the 4th quarter. Van ECK Associates Corp now owns 729 shares of the company's stock worth $58,000 after buying an additional 309 shares during the period. KLP Kapitalforvaltning AS bought a new position in Seneca Foods in the 4th quarter valued at $87,000. SG Americas Securities LLC raised its position in Seneca Foods by 8.7% in the 4th quarter. SG Americas Securities LLC now owns 2,054 shares of the company's stock valued at $163,000 after purchasing an additional 165 shares during the last quarter. Jump Financial LLC bought a new position in Seneca Foods in the 4th quarter valued at $204,000. Finally, Metis Global Partners LLC bought a new position in Seneca Foods in the 4th quarter valued at $222,000. Institutional investors and hedge funds own 42.51% of the company's stock.

Analysts Set New Price Targets

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

Seneca Foods Trading Down 0.3%

Shares of SENEA stock traded down $0.23 on Tuesday, reaching $87.30. 13,516 shares of the stock were exchanged, compared to its average volume of 24,891. The stock has a 50 day moving average price of $86.62 and a 200 day moving average price of $78.52. The stock has a market cap of $600.62 million, a PE ratio of 15.93 and a beta of 0.40. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.38 and a quick ratio of 0.36. Seneca Foods Co. has a one year low of $51.79 and a one year high of $92.00.

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.