Janus Henderson Group PLC Buys New Position in Seneca Foods Co. (NASDAQ:SENEA)

Janus Henderson Group PLC bought a new position in shares of Seneca Foods Co. (NASDAQ:SENEA - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,802 shares of the company's stock, valued at approximately $223,000.

Several other hedge funds also recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its position in shares of Seneca Foods by 2.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 5,578 shares of the company's stock worth $442,000 after purchasing an additional 129 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in Seneca Foods by 4.1% during the fourth quarter. Bleakley Financial Group LLC now owns 3,778 shares of the company's stock worth $299,000 after purchasing an additional 148 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of 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 acquiring an additional 165 shares during the period. Anchor Capital Advisors LLC increased its holdings in shares of Seneca Foods by 1.2% in the 4th quarter. Anchor Capital Advisors LLC now owns 24,036 shares of the company's stock valued at $1,905,000 after acquiring an additional 293 shares during the period. Finally, Van ECK Associates Corp increased its holdings in shares of Seneca Foods by 73.6% in the 4th quarter. Van ECK Associates Corp now owns 729 shares of the company's stock valued at $58,000 after acquiring an additional 309 shares during the period. Hedge funds and other institutional investors own 42.51% of the company's stock.

Analyst Upgrades and Downgrades

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

Seneca Foods Stock Performance

NASDAQ:SENEA traded up $1.44 during midday trading on Thursday, reaching $93.27. The stock had a trading volume of 11,107 shares, compared to its average volume of 24,230. The firm has a fifty day simple moving average of $87.68 and a two-hundred day simple moving average of $80.59. Seneca Foods Co. has a 12-month low of $51.79 and a 12-month high of $94.25. The company has a quick ratio of 0.36, a current ratio of 3.38 and a debt-to-equity ratio of 0.53. The stock has a market cap of $641.70 million, a P/E ratio of 17.01 and a beta of 0.40.

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.