D. E. Shaw & Co. Inc. Purchases 3,157 Shares of Seneca Foods Co. (NASDAQ:SENEA)

D. E. Shaw & Co. Inc. grew its holdings in Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 12.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,830 shares of the company's stock after buying an additional 3,157 shares during the period. D. E. Shaw & Co. Inc. owned approximately 0.42% of Seneca Foods worth $2,285,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in SENEA. Van ECK Associates Corp raised its holdings in shares of Seneca Foods by 73.6% in the fourth 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 purchased a new stake in Seneca Foods in the fourth quarter worth $87,000. SG Americas Securities LLC lifted its position in shares of Seneca Foods by 8.7% during the fourth quarter. SG Americas Securities LLC now owns 2,054 shares of the company's stock worth $163,000 after purchasing an additional 165 shares during the last quarter. Jump Financial LLC purchased a new stake in shares of Seneca Foods during the fourth quarter valued at $204,000. Finally, Metis Global Partners LLC purchased a new stake in shares of Seneca Foods during the fourth quarter valued at $222,000. 42.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded shares of Seneca Foods from a "buy" rating to a "hold" rating in a research note on Tuesday, April 29th.

Seneca Foods Trading Up 1.3%

SENEA stock traded up $1.19 during trading on Friday, hitting $91.48. The company had a trading volume of 14,901 shares, compared to its average volume of 24,381. The firm has a market capitalization of $629.38 million, a P/E ratio of 16.69 and a beta of 0.40. Seneca Foods Co. has a 52-week low of $51.79 and a 52-week high of $92.91. The company has a 50 day simple moving average of $87.38 and a 200-day simple moving average of $80.03. The company has a quick ratio of 0.36, a current ratio of 3.38 and a debt-to-equity ratio of 0.53.

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.