Northern Trust Corp Has $5.56 Million Holdings in Seneca Foods Co. (NASDAQ:SENEA)

Northern Trust Corp boosted its holdings in Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 11.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 70,134 shares of the company's stock after purchasing an additional 7,020 shares during the period. Northern Trust Corp owned about 1.02% of Seneca Foods worth $5,559,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in Seneca Foods by 92.2% during the third quarter. JPMorgan Chase & Co. now owns 20,390 shares of the company's stock valued at $1,271,000 after buying an additional 9,783 shares in the last quarter. SG Americas Securities LLC raised its position in shares of Seneca Foods by 8.7% during 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 in the last quarter. Money Concepts Capital Corp raised its position in shares of Seneca Foods by 82.7% during the 4th quarter. Money Concepts Capital Corp now owns 29,442 shares of the company's stock valued at $2,334,000 after acquiring an additional 13,327 shares in the last quarter. Bleakley Financial Group LLC lifted its stake 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 during the last quarter. Finally, Empowered Funds LLC increased its stake in Seneca Foods by 181.5% during the fourth quarter. Empowered Funds LLC now owns 9,651 shares of the company's stock valued at $765,000 after purchasing an additional 6,223 shares during the last quarter. 42.51% of the stock is currently owned by hedge funds and other institutional investors.

Seneca Foods Stock Performance

Seneca Foods stock traded up $1.19 during midday trading on Monday, reaching $91.48. 14,901 shares of the stock traded hands, 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 firm has a fifty day moving average price of $87.46 and a two-hundred day moving average price of $80.42. The firm has a market cap of $629.38 million, a price-to-earnings ratio of 16.69 and a beta of 0.40. Seneca Foods Co. has a fifty-two week low of $51.79 and a fifty-two week high of $92.91.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered Seneca Foods from a "buy" rating to a "hold" rating in a report 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.