Dimensional Fund Advisors LP lessened its stake in Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 441,423 shares of the company's stock after selling 2,974 shares during the period. Dimensional Fund Advisors LP owned approximately 6.41% of Seneca Foods worth $34,987,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of SENEA. Jump Financial LLC purchased a new position in Seneca Foods during the 4th quarter valued at approximately $204,000. Barclays PLC raised its position in shares of Seneca Foods by 11.4% during the 4th quarter. Barclays PLC now owns 8,042 shares of the company's stock valued at $637,000 after buying an additional 820 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Seneca Foods by 1.9% in the 4th quarter. Invesco Ltd. now owns 29,163 shares of the company's stock valued at $2,311,000 after acquiring an additional 556 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Seneca Foods by 2.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,578 shares of the company's stock worth $442,000 after acquiring an additional 129 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in Seneca Foods by 22.9% during the fourth quarter. Wells Fargo & Company MN now owns 2,888 shares of the company's stock valued at $229,000 after purchasing an additional 538 shares during the period. Hedge funds and other institutional investors own 42.51% of the company's stock.
Seneca Foods Stock Down 1.8 %
Shares of Seneca Foods stock traded down $1.60 during trading on Wednesday, hitting $89.59. 13,206 shares of the stock traded hands, compared to its average volume of 24,933. Seneca Foods Co. has a 52-week low of $51.79 and a 52-week high of $92.97. The stock's fifty day simple moving average is $86.45 and its 200 day simple moving average is $77.74. The firm has a market cap of $616.38 million, a P/E ratio of 16.35 and a beta of 0.40. The company has a current ratio of 3.38, a quick ratio of 0.36 and a debt-to-equity ratio of 0.53.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported $3.29 earnings per share for the quarter. Seneca Foods had a net margin of 2.49% and a return on equity of 9.71%.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded shares of Seneca Foods from a "buy" rating to a "hold" rating in a research note on Tuesday, April 29th.
Check Out Our Latest Stock Report on SENEA
About Seneca Foods
(
Free Report)
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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