D. E. Shaw & Co. Inc. Increases Stock Position in Seneca Foods Co. (NASDAQ:SENEA)

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

Several other institutional investors also recently modified their holdings of the stock. Van ECK Associates Corp boosted its position in 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 stake in shares of Seneca Foods in the fourth quarter worth $87,000. SG Americas Securities LLC increased its holdings in Seneca Foods by 8.7% in the fourth 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 period. Jump Financial LLC bought a new position in Seneca Foods during the 4th quarter worth $204,000. Finally, Metis Global Partners LLC acquired a new position in Seneca Foods during the 4th quarter worth about $222,000. 42.51% of the stock is currently owned by institutional investors and hedge funds.

Seneca Foods Stock Up 1.3%

NASDAQ SENEA traded up $1.19 during mid-day trading on Monday, hitting $91.48. The company's stock had a trading volume of 14,901 shares, compared to its average volume of 24,397. The company has a current ratio of 3.38, a quick ratio of 0.36 and a debt-to-equity ratio of 0.53. The company's 50 day simple moving average is $87.46 and its 200 day simple moving average is $80.42. Seneca Foods Co. has a twelve month low of $51.79 and a twelve month high of $92.91. The firm has a market capitalization of $629.38 million, a price-to-earnings ratio of 16.69 and a beta of 0.40.

Analyst Ratings Changes

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

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.